Management

Mr. Shahid Karim

Acting CEO/CRO

Shahid Karim has over 24 years of professional experience, with a strong background in audit practice both in Pakistan and the United Kingdom. His career includes tenure with prestigious firms such as PricewaterhouseCoopers (PWC) in Milton Keynes and Ernst & Young (EY) in Luton. He completed his audit articleship with A.F.Ferguson & Co. Chartered Accountants.

Shahid has also held roles in London with renowned institutions including JP Morgan Chase, Royal Bank of Scotland, and Bank of New York Mellon, where he specialized in Financial Controls, Risk Management, Audit, and SOX Compliance.

Shahid is a Chartered Accountant (FCA) from the Institute of Chartered Accountants of Pakistan (ICAP), as well as a fellow member (FCCA) of the Association of Chartered Certified Accountants (ACCA), and a law graduate (LLB).

Shahid has completed his audit Articleship and worked in managerial capacity with A.F.Ferguson & Co. Chartered Accountants in Pakistan. Shahid is a qualified Chartered Accountant (FCA) from the Institute of Chartered Accountants of Pakistan (ICAP) and is also a fellow member (FCCA) of Association of Chartered Certified Accountants.

Shahid was awarded ICAP Gold Medal (Ameena Khatib Foundation) by the Institute of Chartered Accountants of Pakistan for securing highest marks in Pakistan in the subject of Financial Accounting. Shahid was also awarded Silver Medal by the Federal Board of Education for securing second position in Intermediate Examination in Islamabad.

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Mr. Asif Ali

Senior Quality Assurance Inspector

Mr. Asif Ali joined the Audit Oversight Board in February 2018 as Quality Assurance Reviewer. In this role he is responsible for conducting quality assurance and quality control reviews of registered audit firms, developing risk methodologies for audit oversight in Pakistan and conducting inspections and investigations for AOB.

Asif Ali is an associate member of the Institute of Chartered Accountants of Pakistan (ICAP) and fellow member of the Pakistan Institute of Public Finance Accountants (PIPFA). He is also a lifetime member of the Lahore Tax Bar Association.

Asif Ali has more than six years of experience relating to statutory and non-statutory audits, review engagements and related compliance/assurance assignments for entities across various industries.

Mr. Jawwad Ismail

Senior Quality Assurance Inspector

Jawwad Ismail is currently associated with the Audit Oversight Board as Senior Quality Assurance Inspector. His core responsibilities include quality control reviews, developing risk methodologies for audit oversight in Pakistan and conducting inspections and investigations for AOB.

Jawwad has more than 8 years experience in audit and assurance. Previously he completed his articleship and worked in managerial capacity at A.F.Ferguson & Co. Chartered Accountants where he was invloved in statutory and non-statutory audits, review engagements, compliance and other assurance assignments for entities across various industries.

Jawwad is a qualified Chartered Accountant (ACA) from the Institute of Chartered Accountants of Pakistan (ICAP).

Mr. Sohaib Bin Javed

Acting Finance Manager and Senior Quality Assurance Inspector

Mr. Sohaib Bin Javed has joined Audit Oversight Board as Senior Quality Assurance Inspector since June 2019. He is responsible for steering Quality Assurance and Quality Control Reviews of registered audit firms, developing risk methodologies for audit oversight in Pakistan and conducting inspections for AOB.

He is an Associate Member of Institute of Chartered Accountants of Pakistan (ICAP). He has extensive experience in working as Head of Internal Audit at a Public Limited Spinning Company. In addition, his experience relates to statutory and non-statutory audits, review engagements and related compliance/assurance assignments for entities across various industries.

Mr. Muhammad Havaris Arshad

Quality Assurance Inspector

Mr. Muhammad Havaris Arshad joined Audit Oversight Board (AOB) in August 2022 as a Quality Assurance Inspector in the Regulatory Department. His core responsibilities include conducting quality assurance inspections of registered audit firms, assessing the audit firm’s quality control structures, developing inspection and investigation manuals and developing risk methodologies for audit oversight in Pakistan.

He is an Associate Member of the Institute of Chartered Accountants of Pakistan (ICAP), a Member of the Institute of Public Accountants (Australia) and the Institute of Financial Accountants (United Kingdom), and holds a BSc (Honors).

Havaris has been associated with A.F. Ferguson & Co. Chartered Accountants (a member firm of the PwC network) for over nine years, including completing his articleship and working in a managerial role in the Assurance and Business Advisory Services Department, where he was involved in various audits, reviews, agreed upon and other non-assurance assignments over a portfolio of clients. He has also gained experience working with international clients during his secondment with PwC Netherlands.

Mr. Muhammad Adnan

Regulatory Operations Analyst

Mr. Muhammad Adnan joined the Audit Oversight Board in September 2019 as Regulatory Operations Analyst. In this role he is responsible for conducting quality assurance inspections of registered audit firms, assessing the audit firm’s quality control structures, developing inspection and investigation manuals and developing risk methodologies for audit oversight in Pakistan.

He is an Associate Member of the Institute of Chartered Accountants of Pakistan (ICAP). He has more than 4 years’ experience in audit and assurance. Previously he was associated with KPMG Taseer Hadi & Co. Chartered Accountants where he was involved in statutory and non-statutory audits, review engagements, compliance and other assurance assignments for entities across various industries.

Mr. Bilal Qureshi

Acting Secretary and Senior Quality Assurance Inspector

Muhammad Bilal Qureshi is currently associated with the Audit Oversight Board as Senior Quality Assurance Inspector. His core responsibilities include quality control reviews, developing risk methodologies for audit oversight in Pakistan, conducting inspections / investigations for AOB and providing input on audit quality related themes.

Bilal has more than 8 years of work experience that includes both audit practice and industry. Bilal completed articleship and worked in managerial capacity at A.F.Ferguson & Co. Chartered Accountants (A member firm of PwC Network). Furthermore, Bilal also worked for a leading Power Sector Company as Manager – Budgeting, Reporting and Compliance.

Bilal is a member of both the Institute of Chartered Accountants of Pakistan (ICAP) and the Association of Chartered Certified Accountants.

Bilal was awarded ICAP Gold Medal by ICAP for securing highest marks in the subject of Corporate Laws in ICAP Final examinations. Bilal, also has to his credit, three national distinctions in ACCA Professional Level exams (Top ACCA affiliate, Advanced Audit and Assurance and Business Analysis exams).

Mr. Muhammad Zamir

IT SENIOR QUALITY ASSURANCE INSPECTOR & mANAGER IT

Mr.Muhammad Zamir joined the Audit Oversight Board as IT Senior Quality Assurance Inspector & Manager (IT) in June 2022.

He has over 5 years of diversified experience in performing multiple assignments relating to statutory and non-statutory audits and has an in-depth working knowledge of IT Risk governance, security, and audits. He has extensive experience in auditing and advisory in various domains including Telecom, Financial Sector, and Higher Education. Mr. Zamir has worked in A. F. Ferguson & Co. and served in the Technology Advisory and Risk Assurance department. A. F. Ferguson is a member firm of PwC (PricewaterhouseCoopers).

Mr. Zamir has done his master’s in software engineering from NUCES University Islamabad, and he is also a Certified Information System Auditor (CISA).

Mr. Ahmed Ali Naqvi

manager admin & HR

Mr. Syed Ahmed Ali Naqvi joined Audit Oversight Board in December, 2018. He has been working as Manager HR & Administration.

He has done MS (Management Sciences) from Shaheed Zulfikar Ali Bhutto Institute of Science and Technology and MBA (HR) from COMSATS Institute of Information Technology.

Mr. Immad Hasan

Assistant Manager Legal

Mr. Immad Hassan is currently working with Audit Oversight Board as Assistant Manager Legal.

Mr. Immad Hasan possesses extensive experience in representing clients and handling a diverse range of legal matters before various Civil Courts, Honorable High Courts, and special Tribunals. His experience primarily relates to corporate, civil, criminal, banking, and constitutional matters, having advised and represented numerous individuals and organizations in these areas.

Mr. Immad Hasan holds a Bachelor’s degree (LLB Hons.) from Lahore, which he obtained through the external program offered by the University of London. He is a licensed advocate of the High Courts and has worked in several law firms in Lahore, where he provided legal advice and consultancy services to clients in both private and public sectors.