Atif Anwar
Karachi,Pakistan
Summary
Organization: EFU General Insurance Ltd
Tenure: 20 years
Professional experience: 1) Portfolio management - Equities & Fixed Income 2) Risk Management - Risk Based Capital, Solvency, Credit Rating and ERM 3) Budgeting 4) Regulatory & Financial Reporting 5) IFRS
Overview
20
20
years of professional experience
1
1
Certification
Work History
Senior Executive Vice President
EFU General Insurance
08.2017 - Current
- Leading investment and risk management functions, reporting to CFO
- Design, recommend and execute investment and risk strategies
- Equity & Fixed income trading
- Monitor investment policy, Risk appetite, Capital model and credit ratings
- Risk-based capital & Investment regulatory compliances
- Managing risk capital Solvency II model vis-a-vis shareholders equity, AM Best BCAR, stress testing
- Investment Budgeting & Compliance
- Presentations to Board Investment and Risk management committees
- Managing portfolio of PKR 35 billion; generated alpha between 5% - 20% over the benchmark from 2019 to 2022.
Executive Vice President
EFU General Insurance
03.2013 - 08.2017
- Managing and reporting Investment portfolio of Rs 35 billion
- Managing Credit ratings from AM Best, JCR-VIS and PACRA
- Regulatory reporting to Securities & Exchange Commission and State Bank
- Solvency reporting and planning
- Secretary Board Investment and Risk management committees
- Managing financial reporting of retirement funds of Rs 2 billion
- Lead migration of investment database to Oracle & report integration.
Senior Vice President
EFU General Insurance
08.2011 - 03.2013
- As Secretary, steered Board Investment Committee in making multi-billion profitable decisions
- Devised and implemented strategy to increase solvency by over 15%
- Worked on Oracle utilizing database queries for problem solving
- Cash Margin planning and reporting
- Launched window Takaful operations.
Vice President
EFU General Insurance
11.2010 - 08.2011
- Managed Employees’ funds of over Rs 1.5 billion, reshuffled portfolio for higher return on investments
- Performed in-depth analysis of financial position and strategically planned future resources to meet credit Rating requirements.
Assistant Vice President
EFU General Insurance
07.2007 - 11.2010
- Real Estate Investment Management worth Rs 5 billion
- Managed trade deals from initiation till settlement
- Financial statements and related disclosures
- Managed liaison with and resolved queries of external and internal Auditors
- Initiated and supervised development of investment program integrating KSE.
Assistant Manager to Manager
EFU General Insurance
11.2003 - 07.2007
- Management of loans and advances to employees
- Prepared reports for the Board of Directors and Annual General Meetings
- Accounting and Reporting of various assets.
Education
Executive MBA (Strategy & General Mgmt.) -
Karachi School For Business And Leadership
Pakistan01.2016
FCCA, UK -
Association of Chartered Certified Accountants
01.2006
Skills
- Sharp & holistic eye on business
- Building & empowering teams
- Transforming challenges into opportunities
Accomplishments
- ERM implementation
- Outperformed KSE-100 benchmark
- Upgrade Credit rating to AA+
- President KSBL Alumni
Entrepreneurial
- Founded Cherish – premium jewelry retailing international & local clients
- Launching of Takaful - Launched takaful with Shariah advisor, Islamic Bank and SECP
- Murabaha, Wakalah, transactions
Guest Speaker Sessions Workshops
- Trainer – EFU General Insurance Ltd (Target areas: Enhancing intelligence, performance uplifting, Speed reading)
- Guest speaker - NED University (Portfolio Management)
- Guest speaker - PAF-KIET (Economy & Capital markets)
- Judge - NED University (Financial modelling)
Hobbies and Interests
- Sustainable growth strategies
- Continuous learning
- Coaching
- Fitness
- Reading
Training
- Securities and Exchange Commission of Pakistan – Design thinking workshop
- ICAP – Implementation of IFRS 17
- Futuristic Learning Institute – Super Learning
- Futuristic Learning Institute – Speed Reading
- Time lenders – Personal Excellence
- Kamran Sultan – Introduction to Neuro Linguistic Programming (NLP)
- Quick Biz Consulting – Enterprise Risk Management
- Pakistan Insurance Institute – Climate change and emerging risks
- MARSH / CERM – Managing Emerging Risks
- Institute of Capital Markets – Fundamentals of Capital markets
- Institute of Capital Markets – Pakistan’s Market Regulations
- Habib University – Lean Engineering
- Karachi School of Business and Leadership – Building & Marketing Brands
- URS – ISO 9001
- VIS Rating Company– Risk Assessment of Insurance companies
- Institute of Business Administration – Entrepreneurial Management
- Toastmasters Club – Karachi circle
- ACCA – various including International Accounting standards
- Various In house trainings – Soft skills
Certification
Design thinking workshop IFRS 17 Super Learning Speed Reading Personal Excellence Introduction to Neuro Linguistic Programming (NLP) Enterprise Risk Management Climate change and emerging risks Managing Emerging Risks Fundamentals of Capital markets Pakistan’s Market Regulations Lean Engineering Building & Marketing Brands ISO 9001 Risk Assessment of Insurance Companies Entrepreneurial Management Toastmasters club
Sustainable growth strategies; Continuous learning; Coaching; Fitness; Reading
I am passionate about adding sustainable growth strategies and add value in business through continuous learning.
Timeline
Senior Executive Vice President
EFU General Insurance
08.2017 - Current
Executive Vice President
EFU General Insurance
03.2013 - 08.2017
Senior Vice President
EFU General Insurance
08.2011 - 03.2013
Vice President
EFU General Insurance
11.2010 - 08.2011
Assistant Vice President
EFU General Insurance
07.2007 - 11.2010
Assistant Manager to Manager
EFU General Insurance
11.2003 - 07.2007
Executive MBA (Strategy & General Mgmt.) -
Karachi School For Business And Leadership
FCCA, UK -
Association of Chartered Certified Accountants
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