Biography of Mr. Nasim Beg : CEO of Arif Habib Consultancy
Biography of Mr. Nasim Beg :
Mr. Nasim Beg is currently serving as the Chief Executive
Officer of Arif Habib Consultancy (Pvt.) Limited and holds the position of Vice
Chairman at MCB-Arif Habib Savings & Investments Limited. He founded and
led MCB-Arif Habib Savings & Investments Limited until June 2011. With a
qualification as a Chartered Accountant since 1970, he boasts extensive
experience in both local and international financial services and manufacturing
sectors.
Educational Background of Nasim Beg
Nasim Beg achieved his Chartered Accountancy (CA)
qualification from the Institute of Chartered Accountants of Pakistan (ICAP) in
1970. Prior to that, he completed his Bachelor of Commerce (B.Com) degree in
Business/Commerce from Kinnaird College for Women University (KUKU) in 1969. Nasim
Beg attended Cadet College Hasanabdal from 1960 to 1965, where he completed his
Intermediate in Pre-engineering (FSc). Nasim Beg completed his undergraduate
studies in 1969 at the University of Karachi, providing him with a solid
academic foundation for his professional endeavors.
Career Journey
Director at Arif Habib Corporation Limited
Nasim Beg's career spans several key roles in prominent
organizations, reflecting his extensive leadership and strategic contributions.
Since 2010, he has been a Director at Arif Habib Corporation Limited in
Karachi, Pakistan, where he continues to play a pivotal role in the company's
governance and growth strategies. Prior to this, from March 2000 onwards, Nasim
Beg has held the position of Executive Vice Chairman at Arif Habib Investments,
also based in Karachi. Here, he has been instrumental in steering the company
through various market challenges and opportunities over the past 24 years.
Deputy Chief Executive at National Investment Trust (NIT)
Before his tenure at Arif Habib, Nasim Beg served as the
Deputy Chief Executive of National Investment Trust (NIT) from July 1997 to
March 2000, a period during which he played a crucial role in the modernization
and operational efficiency of the organization. His leadership skills were
further honed during his tenure as Managing Director of Allied Motors and Allied
Precision from September 1984 to December 1994, where he oversaw significant
developments in the automotive sector.
Biography of Mr. Nasim Beg : CEO of Arif Habib Consultancy / Trader / Investor / Pakistan / Journey of Nasim Beg :/ Life lessons / Struggles
International Experience and Early Career
Earlier in his career, Nasim Beg gained valuable
international experience as an Executive Director at Eroseed in London, United
Kingdom, from 1982 to 1984. His journey in the financial sector began with Abu
Dhabi Investment Company, where he served as the Senior Vice President (SVP) of
Operations and Treasury from March 1977 to February 1982, contributing to the
establishment and growth of the company in Abu Dhabi, UAE.
Throughout his career, Nasim Beg's strategic vision and
operational acumen have consistently driven success and growth across various
sectors, making him a respected figure in both local and international business
communities.
Leadership and Contributions
Mr. Beg played a pivotal role in revitalizing the National
Investment Trust as its Deputy Chief Executive during a challenging period. He
also served as its acting Chief Executive for a brief period. His leadership
extends to various asset management and investment advisory companies, where he
held senior positions.
Manufacturing and Automotive Industry
In the automotive industry, Mr. Beg served as Chief
Executive of Allied Precision, a subsidiary of the Allied Engineering Group.
Here, he initiated and oversaw a green field project, establishing the
manufacture of advanced automotive components under technology licenses from
Japanese and European manufacturers.
Nasim Beg's Establishment of MCB Investment Management Ltd.
In 2000, Nasim Beg founded MCB Investment Management Ltd.
(Invt Mgmt), where he currently serves as Vice Chairman & Director. This
company is one of several where Mr. Beg holds key positions.
Diverse Roles in Different Companies
Aside from MCB Investment Management Ltd., Nasim Beg holds
significant roles in various organizations. Since 2015, he has served as Chief
Executive Officer & Director at Arif Habib Consultancy (Pvt) Ltd. He has
also been the Non-Executive Chairman of Power Cement Ltd. since 2013 and
Chairman of Arif Habib Dolmen Reit Management Ltd., among other positions.
Previous Professional Experience
Prior to his current roles, Nasim Beg held several important
positions. He was Deputy Chief Executive Officer at National Investment Trust
Ltd. and Chief Executive Officer at Pakistan Premier Fund Ltd. Additionally, he
served as Chief Executive Officer at Arif Habib Ltd. Nasim Beg's career spans
across different sectors and responsibilities.
Initiatives in Financial Services
Mr. Beg began his financial services career with the Abu
Dhabi Investment Company in 1977, participating in its foundational team. He
was the founding Chairman of the Institute of Financial Markets of Pakistan,
sponsored by the Securities & Exchange Commission of Pakistan (SECP). His
contributions include serving on SECP committees for developing capital markets
and chairing the Mutual Funds Association of Pakistan. He also held a role on
the Prime Minister’s Economic Advisory Council (EAC).
Corporate Responsibilities
Aside from his current roles, Mr. Beg serves as a Director
for Aisha Steel Mills Limited, and holds non-executive Chairman positions at
Dolmen City REIT/Arif Habib Dolmen REIT Management Limited and Power Cement
Limited. He is also involved with Pakarab Fertilizers Limited and Pakistan
Opportunities Limited.
This paraphrased version captures the essence of Mr. Nasim
Beg's extensive career and achievements in business and finance, presented in a
clear and accessible manner.
Timeline summarizing Mr. Nasim Beg's career in business and
finance:
1960-1965: Nasim Beg attends Cadet College Hasanabdal,
completing his Intermediate in Pre-engineering (FSc).
1965-1969: He pursues a Bachelor of Commerce (B.Com) degree
from Kinnaird College for Women University, Lahore.
1970: Nasim Beg qualifies as a Chartered Accountant from the
Institute of Chartered Accountants of Pakistan (ICAP).
1977-1982: He serves as Senior Vice President of Operations
and Treasury at Abu Dhabi Investment Company in Abu Dhabi, UAE.
1982-1984: Nasim Beg gains international experience as
Executive Director at Eroseed in London, UK.
1984-1994: He holds the position of Managing Director at
Allied Motors and Allied Precision, overseeing significant developments in the
automotive sector.
1997-2000: Nasim Beg serves as Deputy Chief Executive of
National Investment Trust (NIT) in Pakistan, contributing to its modernization.
2000: He founds MCB Investment Management Ltd. and serves as
its Vice Chairman & Director.
2000-2011: Nasim Beg leads MCB-Arif Habib Savings &
Investments Limited until June 2011.
Since 2010: He has been a Director at Arif Habib Corporation
Limited in Karachi.
2013-Present: Non-Executive Chairman of Power Cement Ltd.
2015-Present: Chief Executive Officer & Director at Arif
Habib Consultancy (Pvt) Ltd.
Throughout his career, Nasim Beg has held various leadership
positions and made significant contributions to the financial services,
manufacturing, and automotive sectors both locally and internationally. His
roles have showcased his strategic vision and operational expertise, making him
a respected figure in the business community of Pakistan.
