Company Management - Key Personnel

Junaid Iqbal

Chief Executive Officer

Prior to joining Elixir Securities, Junaid Iqbal served as the CEO of BMA Financial Services, where he managed the financial products distribution, retail equity brokerage and commodity brokerage business. Under his leadership, the firm delivered a comprehensive solution which was customer friendly and technologically sound, and which allowed clients to easily invest in equities, commodities, fixed income instruments and mutual funds using a unified platform.

Junaid graduated from the University of Michigan, Ann Arbor with a degree in Economics. He started his career as an Energy Trader with American Electric Power in Columbus, Ohio.

In 2004, he established ‘Tezi Mandee,’ Pakistan’s first live stock market show on Geo TV. He then went on to join the Securities and Exchange Commission of Pakistan (SECP) as Head of Financial Analysis and Official Spokesperson and had the opportunity to represent the SECP in the Senate’s and the National Assembly’s Standing Committee for Finance.

He was also a part of CNBC Pakistan’s launch team, where he served as an Anchor and Head of Research. He hosted CNBC’s flagship show Power Lunch.

In 2010, Junaid was invited by the White House as a delegate to President Obama’s Summit on Entrepreneurship in Washington DC. He serves as the Chairman for the Board of Advisors of AIESEC in Karachi, Vice-Chairman of the MIT Enterprise Forum of Pakistan, and as Treasurer for the Charter for Compassion.

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Asad Warsi

Chief Operating Officer

Mr. Asad Warsi has over 13 years experience in the area of Finance. He spent his last 9 years in the Brokerage Industry with particular focus in the area of Operations Management.
 
Prior to Elixir, Asad has served the following leading brokerage firms in Pakistan: 

• Fortune Securities Limited – Chief Operating Officer
• Capital One Equities Limited – Chief Operating Officer
• AKD Securities (Pvt.) Limited – Director Finance 

Asad commenced his career as a Consultant in the Management Consulting Wing of Deloitte & Touché Pakistan. He was involved in various corporate finance, advisory and privatization assignments during his stay at Deloitte which lasts for three years.

Asad is an Associate Member (ACA) of the Institute of Chartered Accountants of Pakistan (ICAP). He is also a Cost and Management Accountant (ACMA) from the Institute of Cost and Management Accountants of Pakistan (ICMAP).

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Muhammad Azfer Naseem, CFA

Head of Research

Mr. Azfer Naseem has been heading Research at Elixir Securities since September 2010. Azfer has rich Research Experience, ranging across a broad array of sectors, with specific interest in Economy, Oil & Gas and Power. Prior to joining Elixir, Azfer worked at Invisor Securities. Azfer earned his CFA Charter in 2012 and holds a BBA (finance) degree from Institute of Business Administration, Karachi.

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Syed Murshid Ali

Head of Treasury Services

Mr. Murshid Ali has been associated with Elixir Securities since 1999 as the Head of Treasury Services. He has over 15 years of Money Market broking experience with focus on clients portfolio, corporate deals as well as  structured bonds.

Prior to joining Elixir, Mr. Murshid was associated with KASB Securities for 5 years as a chief dealer in their money market desk. At Elixir, he has been instrumental in setting up FX Desk in 2000.

Mr. Murshid holds an MBA degree and has attended many seminars and workshops related to finance.

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M. Faraz Siddiq

Head - Corporate Debt

Muhammad Faraz Siddiq joined us from Invest Capital Markets in September 2012. He was heading the Corporate Investment Advisory team at Invest Cap. Faraz has total professional experience of over 13 years and is a qualified ACCA and a CA Intermediate. Some of the recent transactions handled by Faraz include Bank Alfalah TFC, Summit Bank TFC and Askari Bank TFC.

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