Mr. Zaigham Mahmood Rizvi
Mr. Zaigham Mahmood Rizvi, the ex-Chairman of House Building Finance Corporation Ltd, has a diversified blend of academic qualifications holding a Masters Degree in Business Administration [USA], besides a Masters Degree in Economics and Engineering. Mr. Zaigham holds Diploma Institute of Bankers Pakistan and was rewarded with a gold medal. Mr. Zaigham also holds a qualification of Institute of Chartered Secretaries of Pakistan Association in Development Bank Management. He has been a Fulbright Scholar – USA from 1975-1977.
Mr. Zaigham Rizvi has overall professional experience of 28 years spread over diversified fields of Manufacturing, Academics, Development & Investment Banking both in Pakistan and overseas.
Mr. Rizvi’s last tenure was as the Managing Director, Pak-Kuwait Investment Company (Pvt) Ltd (PKIC), a joint venture Financial Institution between Pakistan and Government of Kuwait started on March 19, 2001. Under his guidance and supervision, the Company not only excelled in nearly all areas of its financial performance, it also attained new levels of a well disciplined organization, having well documented systems and procedures. Same is recognized by its shareholders /Directors; it is candidly announced by external evaluation like “AAA” Rating by the two Credit Rating Agencies, the Corporate Governance Rating of CGR-9 and the ISO 9001: 2000 Certification. He remained in Pak-Kuwait till January 25, 2005.
Prior to PKIC, Mr. Rizvi tenure, with Pak-Libya Holding Co. (Pvt) Ltd., also a joint venture financial institution, was also marred with visible signs of improvement in the company’s operation and profitability since he assumed its charge in December 1996. During the period the company’s balance sheet sized grew from around Rs. 4.0 billion to Rs.10 billion, its operations largely diversified and profits nearly doubled.
Mr. Zaigham has served for 5 years the manufacturing sector at Dawood Hercules Chemicals Company, a fertilizer plant in Pakistan. He has served with Oman Development Bank – Oman for 8 years. His business links with the financial circles of the Arab World spread over 22 years, providing him with good networking and exposure to financial circles of the Arab world.
Mr. Zaigham Rizvi has also served on the Boards of many Corporate Entities in Pakistan including Islamabad Stock Exchange (ISE) for three consecutive terms and the SECP nominee Director on the Board of Karachi Stock Exchange.
Mr. Rizvi is the Chairman and Founder of Mutual Fund Association of Pakistan and Vice Chairman of Pakistan Banks Association. He has been playing a key developmental role in promotion of the IT industry in Pakistan, while promoting Pakistan’s First IT Venture Capital Company, PakVenCap.com Private Limited. He is recipient of IT Excellence Award 2002 for IT Pioneer.