Mr. Afaq is an experienced professional with over three decades of diverse experience in risk management, finance, operations support, and business management at various leading financial institutions. Mr. Afaq’s prior roles include Chief Executive and Managing Director of Pakistan Credit Rating Agency (PACRA), Chairman of PACRA Analytics (Pvt.) Limited and Rating Committee of PACRA. His diverse background, supplemented by comprehensive meetings with top management of key entities in Pakistan, has helped him become a key contributor in final rating decisions.

His expertise lie in the risk management space. During his tenor as Managing Director of PACRA he has been involved in 400+ ratings opinions that represented over 25% of outstanding debt in Pakistan.

Mr. Afaq has also served as a Chief Executive Officer of Askari Investment Management Limited and worked as a Group Head Strategy and EVP at Askari Bank Limited and as a Chief Financial Officer at Royal Bank of Scotland. Further, he has been associated with Pak Oman Investment Company, Deutsche Bank, and A. F. Fergusson and Company (Chartered Accountants) at senior positions. Mr. Afaq is a Chartered Accountant from England and Wales (ICAEW) and Pakistan (ICAP).