Muhammad Saad Usmani, 79123/Liaquat


Muhammad Saad Usmani - 2009

By Kazi Zulkader Siddiqui, 671/Latif

Muhammad Saad Usmani, kit no. 79123/Liaquat House joined Cadet College Petaro in 1979 and left the college in 1984 after completing his Intermediate.

He was born on 23 March 1967, and got married to Mrs. Naila on 21 January 1993. They have four children - Ahmed, Zainab, Usman, and Abdullah.

During his final year at Petaro, he was the President of the Chemical Hobbies Club.  He was also the Vice President of the Bazm-e-Qirat and Vice President of the Music Club. He was the Senior Section Leader of Liaquat House, and a member of the College Band as the lead piper.

After leaving Petaro, Saad obtained his B.Com. degree from Govt. National College, Karachi in 1987. Subsequently, he qualified as ACMA from the Institute of Cost and Management Accountants in 1992.

Saad started his career as Assistant Project Supervisor in Mineral & Engineering Services (Pvt) Ltd, Karachi in 1984 for a short period. His first major venture was when he built his own enterprise in 1988 called Al-Ashfaq Associates to work in laying of pipelines (sewage and water), construction of footpaths, boundary walls, underground tanks, staff quarters, etc.

In 1991, he joined Pakistan Weaving (Pvt) Ltd as Factory Manager of this unit which produced knitted fabrics, being in charge of production control, procurement, costing, factory administration and HR.  He then became the Manager Administration in Mutual Trading Corporation in 1996.  This company was a manufacturer and trader of home textile products.

In 1998, he joined Pak Suzuki Motor Company as Dy. Manager Procurement, and was elevated to the position of Manager Finance a year later. His responsibilities included overall accounting, costing, budgeting, taxation, MIS, system improvement and development.

He left Pak Suzuki in 2005 to join Modaraba Al-Mali as General Manager. Modaraba Al-Mali is  part of JS Finance Ltd and a Jahangir Siddiqui Group company. In this position, he successfully launched tower infrastructure sharing business in Islamabad Telecom Region under license from Pakistan Telecom Authority.

Saad then joined BankIslami Pakistan Limited as Head of Auto Ijarah and Housing Finance in 2007, and then later as Head of Consumer Credit & Processing. During this period, he launched the housing finance scheme "Muskun", and was responsible for the auto ijarah scheme and collections / recoveries.

When BankIslami took over major control of Modaraba Al-Mali in 2008, Saad was promoted to become the Chief Operating Officer of this Modaraba. He is responsible for overall operations and businesses of Modaraba Al-Mali including Tower Infrastructure Sharing business, and Maintenance and Refuelling Services business under brand name "The Energixers".

He presently lives in Karachi.