Pakistan Kuwait Investment Company (Private) Limited
M. Nadeem Afzal has a strong background in finance and marketing, with over 20 years of experience in various roles. M.Nadeem currently works at the Pakistan Kuwait Investment Company (Private) Limited as an Assistant Vice President, a role they have held since 2023. Prior to that, they were a Senior Officer at the same company from 2020 to 2023.
Before joining Pakistan Kuwait Investment Company, Nadeem worked at MCB Bank Limited as a Manager Treasury Operations from 2017 to 2020. M.Nadeem also gained experience at Pak Oman Investment Company Ltd, where they served as an Assistant Manager Treasury Operations from 2007 to 2017.
Earlier in their career, Nadeem held the position of Senior Marketing Officer at IGI Investment Bank Ltd from 2004 to 2006. M.Nadeem also worked at Citi as a Marketing Officer from 2001 to 2003.
Overall, Nadeem has a diverse range of experience in finance and marketing, with a strong focus on treasury operations and investment management.
M. Nadeem Afzal completed a Master's degree in Economics/Finance from Shah Abdul Latif University in Khairpur from 2010 to 2012. Additionally, they also pursued another MA in Economics from the same university, although the specific duration and field of study for this degree are not provided.
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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.