Security Papers Limited

Hafiz Yousaf is a highly qualified professional and has a unique combination of qualifications awarded by the prestigious institutions of the world including Chartered Accountant from Canadian Institute of Chartered Accountants and Institute of Chartered Accountants of Pakistan, Certified Public Accountant from American Institute of Certified Public Accountants, USA and multiple other professional qualifications.

He has been the elected Council Member/Chairman of various important committees of the Institute of Chartered Accountants of Pakistan from 2009 – 2017 as well as  its President for 2015-16 term. In this capacity he was responsible for the overall governance and operations of the Institute. During this tenure, he also interacted with multiple federal and provincial ministries, public sectors institutions, foreign donors and international professional bodies including International Federation of Accountants, International Auditing and Assurance Standards Board and International Accounting Standards Board, etc on various matters of professional importance. In the recent years the key areas of his focus and participation were the high end policy formulation and implementation, strategic directions, oversight of regulations and business operations, governance initiatives and organizational reforms and business decisions making, etc at some of the top institutions and companies in Pakistan

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

Previously, he 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. He also served as Board Member of SAMBA Bank Limited and many other entities

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

Mr. Yousaf was 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. The seven member PIMCC has an oversight on the functioning of the AAOIFI Accounting Board (AAB) and AAOIFI Governance and Ethics Boards (AGEB) to oversee that public interest is duly served.