PKIC - Inception & major milestones

Pakistan Kuwait Investment Company (Private) Limited (PKIC) is Pakistans leading Development Financial Institution (DFI) engaged in investment and development banking activities in Pakistan. PKIC was established as a joint venture between the Governments of Pakistan and Kuwait in 1979 and the company initiated operations with a paid-up capital of Rs. 62.50 million. Over the years paid-up capital and reserves have increased manifold and currently the total equity stands at a healthy Rs. 8.9 billion, reflecting upon the companys impressive performance since inception. Pak Kuwait Investment Company was the first Development Financial Institution (DFI) of its kind in Pakistan with an objective to induce infrastructural development, a purpose it has lived up-to successfully. PKIC as a development financial institution has played a pivotal role in promoting industrial activity, by way of equity and debt investment in key areas of the economy. PKIC continues to serve as a medium for catalyzing infrastructure development and enhancing real economic activity, helping the nation in achieving a steep yet sustainable growth trajectory. Pak Kuwait is a progressive and evolving organization providing attractive returns on investment to its shareholders. Pak Kuwaits impressive history of dividend payouts, which amounted to Rs. 10 billion since the time of its inception, is a testimony to its investor-friendliness. The companys strength lies in its strong business relationships within Pakistan and the Gulf region.

Vision & Mission

Vision:

To become the financial house of excellence focused on facilitating the expansion and modernization of industry in Pakistan.

Mission:

Play a key role in the development of industrial and economic infrastructure of Pakistan Develop a team of quality professionals with a wide spectrum of expertise Maintain high standards of Corporate Governance Provide value and optimize returns for all our stakeholders Pursue our corporate values

Activities

Corporate Finance Investment Banking Wealth Management & Marketing Capital Markets Treasury Risk Management Information Technology Internal Audit Accounts Human Resources Administration Compliance MIS Credit Administration Function & Risk Finance & Account

Executive Committee
Salah Al- Muraikhi - Member Managing Director - Member

Audit Committee
Asif Bajwa - Chairman Mr. Mohammad Al-Mutawa - Member Syed Atif Salman Hashmi - Member

Risk Management Committee

Salah Al - Muraikhi - Chairman Asif Bajwa - Member Mohammad Al - Hamad - Member

Board of Directors
Saleh Al - Muraikhi - Chairman

Asif Bajwa - Director Syed Atif Salman Hashmi - Director Mohammad Al - Hamad - Director Mohammad Al - Mutawa - Director Managing Directo

Senior Executives
Managing Director Rana Ahmed Humayun - Deputy General Manager/ Chief Financial Officer Aurangzeb M. Amin - Company Secretary Faisal Khan - Head of Risk Management Nabil Daudur Rahman - Head of Capital Markets & Treasury Muhammad Tauseef Ansari -Head of Corporate Finance & Investment Banking Mazhar Sharif - Head of Internal Audit

Senior Executives
Managing Director Rana Ahmed Humayun - Deputy General Manager/ Chief Financial Officer Aurangzeb M. Amin - Company Secretary Faisal Khan - Head of Risk Management Nabil Daudur Rahman - Head of Capital Markets & Treasury Muhammad Tauseef Ansari -Head of Corporate Finance & Investment Banking Mazhar Sharif - Head of Internal Audit

Products and services

Corporate Finance

Long Term Financing Short to Medium Term Financing Lease Financing Guarantee or Counter Guarantee Services

Investment Banking

Private Equity Mergers & Acquisitions Privatization Advisory Financial Restructuring Project Finance Securitization Equity & Debt Capital Markets Debt Syndication Private Placements International & Local Listings Underwriting Services

Wealth Management & Marketing

Short term and long-term investment products Pak Rupee Certificate of Investments and Deposits. Investment products with lower risk, attractive returns and exceptional credibility Tailored financial solutions

Treasury

Management of assets and liabilities Borrowings/placements with Financial Institutions Foreign Currency Deposits. Structured swap deals relating to Foreign Currency Deposits against Pak Rupee financing with the involvement of various institutions within Pakistan and abroad

Awards & Ratings

JCR/VIS:

Strong risk absorption capacity For the last nine consecutive years M/s. JCR-VIS, an affiliate of Japanese Credit Rating Company, has awarded a long-term credit rating of AAA (triple A) and a short-term credit rating of A1+ (A One Plus) to PKIC. We are the only DFI in Pakistan to enjoy the highest ratings. The ratings are an outcome of a robust capital structure and a conservative stance towards risk.

PACRA:

Lowest expectation of credit risk and strong capacity for timely payment of financial commitments Pakistans second credit rating company, the Pakistan Credit Rating Agency (PACRA) has assigned the a long-term rating of AAA and short term rating of A1+ to PKIC

CRG-9:

High level of Corporate Governance JCR-VISs Corporate Governance Rating is based on a scale ranging from CGR-1 (Lowest) to CGR-10 (Highest). In 2011 JCR-VIS has re-assigned the Corporate Governance Rating of CGR9 to PKIC. The assigned rating is a positive reflection of the conscious effort on the part of the Board of Directors and executive management towards developing a corporate culture based on three cornerstones of good governance i.e. transparency, accountability and fair play.

ISO:

High Quality Standards

In striving for excellence and enduring to international quality standards, Pak-Kuwait had offered itself for ISO 9001:2000 audits for the first time in November 2003. Moody's International, a reputed international firm in quality assurance, inspection & technical services have carried out an intensive audit for Pak Kuwait systems and procedures and based on their evaluation awarded ISO 9001:2000 certificate in December 2003. Achievement of this award represents the concerted effort of the management and employees of the company for their commitment to adherence to the high standards of systems, policies and procedures in all functional areas of the company.