Security Papers Limited

Hafiz Mohammad Yousaf was appointed as Member of the Board of Directors in April 2021. He is a Non-Executive Director being a nominee of the Pakistan Security Printing Corporation (PSPC). He is a Member of the Board Audit Committee, Board Investment & Risk Management Committee, Board Strategic & Sustainability Committee and Board Nomination & Special Committee.

Previously, he also served on the Boards of State Bank of Pakistan (SBP), State Bank Banking Services Corporation (SBP-BSC) and Securities and Exchange Commission of Pakistan (SECP), the top regulators of the Country including chairing Audit and Oversight Committees respectively besides being part of many other important board committees of these institutions including Monetary Policy Committee of SBP.

Currently, he is also serving as the Board Member of SAMBA Bank Limited, Kot Addu Power Company Limited, Pakistan Security Printing Corporation (PSPC), and SICPA Inks Pakistan (Pvt.) Limited where he is also chairing the board audit committees of the respective entities besides being a member of various committees of these Boards. 

Mr. Yousaf is appointed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Bahrain in 2021 as a member of its very prestigious forum namely Public Interest Monitoring Consultative Committee (PIMCC) to represent Pakistan for four years term which is renewed in 2025 for another term of four years. The seven member PIMCC has an oversight on the functioning of the AAOIFI Accounting Board (AAB) and AAOIFI Governance and Ethics Boards (AGEB) to ensure that public interest is duly served.

Mr. Yousaf is a highly qualified professional having diversified qualifications from the renowned Institutions of Pakistan, USA, and Canada. He is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP), Fellow Member of American Institute of Certified Public Accountants (AICPA) and Member of Canadian Institute of Chartered Professional Accountants (CICPA) as well as member of many other renowned international professional institutions.

Mr. Yousaf possesses over three decades of diversified post qualification experience as a Chartered Accountant, (including two decades at a Big 4 accounting firm as Partner/Country Leader Consulting). His core areas of specialization are corporate governance and oversight, compliance and regulations, corporate finance and restructuring, assurance, consulting and financial advisory services.

During his professional career as a chartered accountant he has handled, directed and managed a wide variety of complex professional assignments for private and public sectors, national and international entities. In the recent years, the key areas of his focus are the high-end policies formulation and implementation, strategic directions, oversight of regulations and business operations, governance initiatives and organizational reforms and business decision making, etc. at some of the most important corporate sector entities of the country.

Mr. Yousaf has the honour of serving the council of ICAP for eight years (2009-17) in various leadership positions including being its President for 2015-16 term and represented Pakistan on various prestigious international forums including International Federation of Accountants (IFAC),

International Accounting Standard Board (IASB), Asian Oceana Standards Setters Group (AOSSG), CA Worldwide (CAW) and South Asian Federation of Accountants for many years on different important meetings and conferences.