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Syed Iftikhar Ali, FCA, is a seasoned executive with 19 years of experience leading internal audit activities for Habib Bank AG Zurich across nine countries. As Chief Executive Vice President and Head of Group Internal Audit, he oversees a team of 15+ auditors and collaborates with the Group Board of Directors, Audit Committee, and Banking Regulators. His expertise spans Islamic finance, enterprise risk management, compliance, financial accounting, strategic planning, and management consulting.

Experience

    • Switzerland
    • Banking
    • 700 & Above Employee
    • CEVP and Head of Group Internal Audit
      • 2008 - Present

      Leading the Group Wide Internal Audit Activities for Habib Bank AG Zurich across all its subsidiaries, branches and Head Office at Zurich. This includes 9 countries including Switzerland, UK, Hong Kong, South Africa, Kenya, Pakistan, Canada, Isle of Man and UAE. My responsibilities also include close interaction with the Group Board of Directors, their Audit Committee and the Banking Regulators in these countries. A team of 15+ professional auditors directly report to me in UAE whereas more than 30 resident internal auditors across Pakistan, South Africa and Kenya have functional reporting line to me. In addition, outsourced internal audit firms also report for internal audit activities to me.

    • Senior Executive Vice President and Deputy Head of Group Audit
      • Jan 2005 - 2008

    • Financial Consultant and Senior Internal Auditor
      • 1991 - 2004
      • Dubai

      As a Consultant, I was instrumental in establishing Finance, Accounts and Audit functions at Habib Bank AG Zurich.

    • Deputy General Manager - Risk & Remedial Management
      • 1986 - 1991
      • Karachi

      My core responsibilities were very significant for the bank in Pakistan. These relate to numerous settlement and recovery proceedings through legal channels to recover bank's stuck-up loans and advances which I was able to complete surpassing the Board's expectations. During this process,...

  • KPMG
    • Dubai
    • Manager - Audit Assurance
      • 1978 - 1985
      • Dubai

      I started as a Senior in KPMG and gradually was able to take managerial responsibilities to handle key audit clients and notable business groups/banks in UAE.

    • Deputy Financial Controller
      • 1975 - 1978
      • Karachi

      During my tenor, I was also given responsibilities as acting Financial Controller of this largest Multi- national Chemical Industry in Pakistan

    • Supervising Senior - Audit Assurance
      • 1970 - 1975
      • Karachi

      I completed my Chartered Accountancy articleship from AFF&Co - top most audit firm in Pakistan which later collaborated with PWC worldwide. The training period culminated with my promotion as Supervising Senior leading the audit assignments as "Team Leader" being the functional title.

Education

  • Institute of Financial Consultants
  • British Institute of Management
  • 1970 - 1978
    Institute of Chartered Accountants of Pakistan

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Industry Focus. “Banking”

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