Azmat Ali is a regulatory compliance professional with a robust background in banking and finance. Currently serving as Manager of Regulatory Compliance at Pakistan Kuwait Investment Company (Private) Limited since October 2019, Azmat is responsible for monitoring applicable laws and assisting in the implementation of compliance programs. Previously, positions included Assistant Manager Regulatory Compliance at Bank Al Habib Limited, where Azmat conducted reviews to ensure alignment with regulatory guidelines, and roles at Faysal Bank Limited focused on internal controls and financial reporting compliance. Azmat's earlier experience encompasses client management in shipping at Mega Sea Shipping LLC, oversight of trade services at Askari Bank, and operational roles in various banking capacities, starting as Branch Service Manager at United Bank Limited. Azmat holds two master's degrees in Banking and Financial Support Services from the Institute of Business and Technology.
Pakistan Kuwait Investment Company (Private) Limited
Pakistan Kuwait Investment Company (Private) Limited (PKIC) is Pakistan’s leading Development Financial Institution (DFI) engaged in investment and development banking activities in Pakistan. PKIC was established as a joint venture between the Governments of Pakistan and Kuwait in 1979 and the company initiated operations with a paid-up capital of Rs. 62.50 million. Over the years paid-up capital and reserves have increased manifold and currently the total equity stands at a healthy Rs. 8.9 billion, reflecting upon the company’s impressive performance since inception. PKIC was the first Development Financial Institution (DFI) of its kind in Pakistan with an objective to induce infrastructural development, a purpose it has lived up-to successfully. PKIC as a development financial institution has played a pivotal role in promoting industrial activity, by way of equity and debt investment in key areas of the economy. PKIC continues to serve as a medium for catalyzing infrastructure development and enhancing real economic activity, helping the nation in achieving a steep yet sustainable growth trajectory. PKIC is a progressive and evolving organization providing attractive returns on investment to its shareholders. PKIC’s impressive history of dividend payouts, which amounted to Rs. 10 billion since the time of its inception, is a testimony to its investor-friendliness. The company’s strength lies in its strong business relationships within Pakistan and the Gulf region.