Project Finance ,DLC/SBLC Fertilizers,Solar Power System ,Metallurgy,Consumables, Digital Textile Printing Machines.
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Professional Services for arranging Project Finance,Trade Finance, Letter of Credit, Stand by Letter of Credit, Marketing and out sourcing of Commodities and Services.
1. 1
CURRICULUM VITAE (CV)
1.Position Financial Specialist/Loan Originator/Management Consultant.
2. Name of Firm: R.A.Sheikh & Co (RASCO )
3. Name of Expert: Rashid Ahmad Sheikh
4. Contact Address: P-122 Khiaban-2 Imran Road,Faisalabad,Pakistan
5. Date of Birth: 9-11-1938 Citizenship: PAKISTAN
6. Education
BA from Punjab University year 1966
PROFESSIONAL
QUALIFICATIONS ( Local Government Administration)
1-Local self-government Diploma Examination. (LSGD)
From the Local self-government Institute Lahore, Punjab-Pakistan. -In the year 1963-64
Subjects: - Basic Democracy Administration. Municipal Administration. History of the
Local Government, Accounts& Finance of Local Government. Public Health Engineering
and Town Planning.
7. Membership in Professional Associations:
Qu a l i f i e d examination requirement of Association of Cost Accountants from UK a
body which was merged in Society of company & Commercial Accountants in the year
1974.
I was granted membership of SCCA in the year 1974 which renamed it self as the
Institute of Company Accountants in the year 1990 and later on the INSTITUTE OF
COMPANY ACCOUNTANTS was merged into the ASSOCIATION OF INTERNATIONAL
ACCOUNTANTS UNITED KINGDOM in the year 2003 ( The AIA is a statutorily
recognized Accounting Body in the World)
2- Qualified as CHARTERED SECRETARY ( General & Financial Administration)
From the Institute of Chartered Secretaries and Administrators, London, England in
August 1977 (in General & Financial Administration) and was admitted, as Associate
member vide No 70665 dated 20-12-1 977 in the following subjects: -
Communication, General Principles of Law, Principles of Economics. Statistics, Financial
Accounting, Law & Procedure of Meetings, Business Law, Office Administration and
2. 2
Information System, Economics Policies and Problems, Financial Accounting
(Companies), Company Law, Management Techniques & services, Management
Accounting, Business Finance, Personnel Principles and Policies, Management
Principles and policies.
3- Qualified as CORPORATE SECRETARY
(A statutory recognized qualification under Pakistan Companies Ordinance, 1984) from
the Institute of Corporate Secretaries, Karachi-Pakistan and was admitted as an
Associate Member vide NoA-34 dated 7-9-1983 and now up graded as FELLOW FCIS
vide No 353 dated 9th
January,2014
in the following subjects:
Economics, Introduction to Accounting, Business Mathematics & Statistics, Commercial
Laws, Company Law & Practice, Financial accounting, Industrial Laws, Information
System & Computers, Office Administration & Management, Business Finance, Meeting
Law & Procedure, Organizational Behavior, Taxation Personnel Administration,
Secretarial Practice, Drafting & Conveyance
4-Qualified up to Professional Part 1 as COST & MANAGEMENT ACCOUNTANT
From the Institute of Cost & Management Accountants, London vide No 6377402 dated
26-8-1977 and was admitted as Affiliate vide No 8009549 dated 31-1 0-1978.
5-Qualified Associate ship Examination of the Association of Accounting Technicians in
Finance and Accounting on the basis of being Affiliate of the Institute of Cost&
Management accountants of United Kingdom. The Institute of Chartered accountants of
England, The Institute of Cost & Management Accountants, UK and the Chartered
Institute of Public Finance and Accountancy, UK jointly constitute this body.
6-Qualified as PUBLIC FINANCE ACCOUNTANT
From the Pakistan Institute of Public Finance Accountants, Karachi Pakistan. (The PIPFA
is sponsored by the Institute of Chartered Accountants of Pakistan, The Institute of Cost
& Management Accountants of Pakistan, and The Auditor General of Pakistan.) The
PIPFA is an Associate Member of International Federation of Accountants (IFAC).
PIPFA members are also eligible to act as Company Secretaries and Financial Officers
of the Listed Companies under Pakistan Companies Ordinance 1984
I was admitted as an Associate Member vide No 162 dated 13-5-1996.in the following
subjects: Business Communication & Report Writing, Business and Government
organizations, Principles of Accounting, Mercantile Law, Economics, Financial
accounting, Cost Accounting & Elements of Information System, Auditing
& Taxation, Quantity Analysis, Financial accounting -II, Analysis and design of
information system, Company Law & secretarial Practice
8. Other Trainings:
3. 3
Attended various courses organized by Overseas Private Investment Corporation USA
( www.opic.gov) in Business Plan Writing, Financial Modelling, Market & Sector Study,
Project Monitoring and follow up.
9. Countries of Work Experience: PAKISTAN –UGANDA- BULGARIA-UAE. SAUDI
ARABIA.
10. Languages: ENGLISH, URDU,PUNJABI,
11.Employment Record:
WORK EXPERIENCE AS EMPLOYEE
1- Company Secretary and Management Accountant. Worked in Abraham Group of
Companies (Abraham Textile Mills Ltd, A.A.Textile Mills Ltd, Ibrahim agencies Ltd.,
Faisalabad. Pakistan) from
1984 to 1985
2- Finance Manager Employed by Punjab Industrial Dev Board, Government of Punjab
as Deputy General Manager and worked as Finance Manager at Harappa Textile Mills
Ltd, Dist Sahiwal, Pakistanfrom1983 to 1984
3- Company Secretary/General Manager.-Insaf Textile Printing Mills Ltd., Faisalabad.
Pakistan from 1982-1 983
4- Director Finance .Worked as Director Finance Urban Development Wing of
Faisalabad Development Authority/ and Director Finance and Administration WASA
from 1979 to 1982 .
DURING THIS PERIOD I DESIGNED AND IMPLEMENTED THE ACCOUNTING
SYSTEM AS PER AGREEMENT BETWEEN PAKISTAN GOVERNMENT/FAISALABAD
WATER SANITATION AGENCY & ASIAN DEVELOPMENT BANK IN CONNECTION
WITH FINANCING OF “THE GREATER FAISALABAD WATER SUPPLY & SEWERAGE
PROJECT.”
5- I was Selected by Uganda Public Service Commission for the position of Treasurer in
the Ministry of Local Administration Govt. of Uganda. But was posted in Kampala city
Council as Chief Accountant and worked on Accounting System Designing and updating
of Accounting and Book- Keeping of the Council from 1978 to 1979 (Repatriated due to
Uganda Tanzania War)During this period I taught Cost & Management Accounting to the
students of ICSA in Uganda College of Commerce Kampala. Uganda.
4. 4
6-Assistant Manager (Cost, Accounting and Budget) Was Employed by the Federal
Chemical and Ceramics Corporation Ltd., Ministry of Production, Government of Pakistan
and was posted in Ittehad Chemicals/Ittehad Pesticide Kala Shah Kaku District,
Sheikhupura, Pakistan and served from 1976 to1978
7-Group Cost Accountant. Worked in Sabina Ltd., Sabina Cotton Mills Ltd., and Silva
Industries Ltd. Landhi Industrial Area Karachi Pakistan from 1970 to 1976.
8-Worked as Group Cost Accountant, The National Silk & Rayon Mills Ltd. and
National Embroidery Mills Ltd. Faisalabad. Pakistan from 1969 to 1970.
9-Cost Accountant. Worked as Cost Accountant in Premier Cloth Mills
Ltd. Faisalabad, Pakistan from 1968 to 196810-Cost Accountant. Worked as Cost
accountant in Khanewal Cooperative Textile Mills LTD, Khanewal, Pakistan from 1967 to
1967
Accountant. Worked as Assistant Accountant in Lyallpur Improvement Trust, Lyallpur,
Pakistan from 1962 to 1966
12-RECOGNITION AS CONSULTANT.
1-Center on Transnational Corporation of United Nations New York vide letterNo
AID/1544 dated 7-10-1988
2-The Asian Development Bank vide letter No 6698 dated 6-4-1989 .Renewed vide
No`036519
3-The World Bank (IBRD-IDA) vide letter No B12133 (5) dated 7-12-1990
4 Ministry of Economic Affairs Government of Pakistan vide letter No22 (a) PD/86
dated10-8-1991
5-The Regional Commissioner of Income Tax& Wealth Tax, Central Board of Revenue
Government of Pakistan vide letter No SO V157/ITP dated 10-7-1997(ITP No MN022)
6- Income Tax bar Association Faisalabad vide letter dated 19-8-1998
7-Registered as Financial Consultant with SAMEDA (Small and Medium Enterprises
Development Authority, Pakistan
8-Registered as Financial Consultant with Basic Fund for Financial Assistance for
Management Services a Company incorporated by Ministry of Finance Government of
Pakistan and Asian Development Bank.
5. 5
9-Registered with Overseas Private Investment Corporation Washington DC USA
(government Agency) www.opic.gov
10-Registered with USA Trade Development Agency Vide No TDAWA 10724 dated 27-
10-2008
11-Volunteered as Judge to assess the Business plan competition held under the Plate
Form of AFRICAN DIASPORA MARKET PLACE. The competition was sponsored by
US- AID & Western Union and was supervised by Small Enterprise Assistance Funds
(SEAF) Washington DC USA
12-Registered with United Nation Organization (UNO) under Volunteers Program vide
No Reg/AWT/Web/PAK/550953/Sheikh, Rashid dated 1-6-2012.
13-Registered as Individual consultant by African development banking Group vide No
W 013187 dated 14-6-2012.
13. Work Undertaken that Best Illustrates Capability to Handle the Tasks
Assigned:
1-METROPOLE DOWN TOWN PROJECT FOR ARRANGING OF LOAN OF US$ 127
MILLION Prepared Project Feasibility Report, Joint Venture Agreement and Partnership
Deed between the Joint Venture Partners Rehman Construction Company, RCC
Developers Private Limited, Saad Ullah Khan Brother (SKB),Lahore.
2-CANON TEXTILE MILLS Setting up and arranging of project finance 100% export
oriented value added project high thread, fine yarn bed sheet sets and bed in bags for
export to USA, Canada & Europe.
3-Best Site Chemicals Private Limited ,Rawalpindi Islamabad.Pakistan.Prepared Project
Feasibility Report of Single Super Phosphate Fertilizer Project.
4-Essential Oil Project ,Lahore .Extraction of essence from Rose Flowers. Prepared
documents for setting of an entity under Partnership Act,1932 and advise on various
aspects of setting up of the project.
5-KKP PRIVATELIMITED. ( A Class Contractor & Builder) Preparation of Project
Feasibility Report of New City Housing Project Jaranwala Road, Faisalabad . Pakistan.
6-Sammar Gah Hydro Power Project Indus River NWFP,Pakistan.up dated Feasibility
Report.
7-Twin City Centrum Rawalpindi /Islamabad, Pakistan..arranging of project finance for
Construction of Multi Storied Building. Prepared Project Feasibility Report.
8-Financial Advisor Winthrop Building Private Limited,Islamabad.Pakistan.
6. 6
9-Financial Advisor for Sri Kalki Supreme Construction Co Private Limited ,India.
10-Financial Advisor to Eastern Power Limited, Sialkot ,Pakistan.
11-Financial Advisor to SMRM Trans LLC Bulgaria.(Commodities Trade) year 2011
12-Agromah Limited Bulgaria. (Infra-Structure project) in Bulgaria ( Private equity
Placement) year 2011
13-Arranging of Buyer’s Credit facility for import of Chemicals from USA for the Client of
GRW Global a G 11 Corporation. year 2012-14
14-Advance Clean Technology Private limited.( Waste Tire recycling Project 170Tons Per
day Capacity) Producing 30% Refined Furnace Oil,30% Refined Carbon Black ,10%
Synthetic Gas,( The Project is being substituted by Manufacturing of Single Super
phosphate (granules)+ Zink Sulphate under permission of Lending Agency. year 2012
YEAR 2014.-2015-2016
16 –Jood Al-Tamaiz Limited Liability Co Riyadh , KSA . Providing of Procurement and
Financial Services.
17-Al-Karam Import/Export Faisalabad Pvt Limited,Faisalabad Pakistan. Corporate Law &
Tax Services.
18-Al-Tatweer Industry LLC Sajja Industrial Area Sharjah UAE . Financial Management
Services
4-PROJECTS/CLIENTSPRIOR TO 2006
1-Shafi Textile Mills Pvt Ltd Project feasibility, Company Registration & Arranging of
project Loan.
2- Sadaqat Textile Mills (Pvt) Ltd Project feasibility, Company Registration & Arranging of
project Loan.
3- Khalid Saleem Textile Mills (Pvt)Ltd Project feasibility, Company Registration &
Arranging of project Loan.
4- Al-Tahir Trading Co Pvt Ltd Project feasibility, Company Registration & Arranging of
project Loan
5- Faizan Textile Industries Pvt Ltd Project feasibility, Company Registration & Arranging
of project Loan
7. 7
6- Khawar Weaving Factory. Project feasibility & Arranging of project Loan 7- Amad
Textile
Industries. Project feasibility& Arranging of project Loan
8- Ibrahim Ismail Pvt Ltd Project feasibility, Company Registration & Arranging of project
Loan
9- Bukhash Industries Pvt Ltd. Project feasibility, Company Registration & Arranging of
project
Loan10- N. M. Textile Mills (Pvt) Ltd Project feasibility, Company Registration &
Arranging of project Loan
11- K. M.Textile Industries (Pvt) Ltd Project feasibility, Company Registration &Arranging
of project Loan
12- Aala Sizing Industries, Project feasibility & Arranging of project Loan
13-Malik Cooking Oil & Ghee Mills LTD, PROJECT feasibility, Company Registration &
Arranging of project Loan
14-United Traders Pvt Ltd. Project feasibility & Arranging of project Loan
15-Kamal Ghee Mills Pvt Ltd. Project feasibility, Company Registration & Arranging of
Project
Finance.
17-Shamshad Textile Mills Pvt. Ltd. Project feasibility, Company Registration & arranging
of project Loan
18-Jamal Textile Industries Pvt. Ltd. Project feasibility, Company Registration &
Arranging of project Loan
19-Amtul Subhan Textile Mills Pvt. LTD. PROJECT feasibility, Company Registration &
Arranging of project Loan
20- Suleiman Industries Pvt. Ltd. Project feasibility, Company Registration & Arranging of
project Loan
21-Qasure Textile Mills Ltd. Project feasibility, Company Registration & Arranging of
project Loan
22-Sharif Fabrics Pvt. Ltd. Project feasibility, Company Registration & Arranging of
project Loan
23-Clyed Textiles Pvt. Ltd. Project feasibility, Company Registration & Arranging of
project Loan.
8. 8
24-Ahmad Straw .Board Industries Pvt. Ltd. Project feasibility, Company Registration &
Arranging of project Loan
25-Adbul Qadeer Textile Mills Pvt. Ltd. Project feasibility, Company Registration &
Arranging of project Loan
26-Hussain Textile Mills Pvt. Ltd. Project feasibility, Company Registration & Arranging of
project Loan
27-Ateeq Textile Mills Pvt. Ltd. Project feasibility, Company Registration & Arranging of
project Loan
28-Latif International Pvt. Ltd. Project feasibility. And Project Loan.
29-Ashfaq Textile Mills Ltd. Project feasibility, Company Registration & Arranging of
project
Loan30-Faizullah Shah Textile Industries. Project feasibility.
31-Nasir Mehmood Textile Industries. Project feasibility.
32-Teepu Sultan Engineering Industries. Project feasibility.
33-GM Spinning Mills Ltd. Arranging of Bank Guarantee & Legal documentation. 33 A-
GM Spinning Mills Ltd. Accounting Advisory Services.
34-Regency Arcade .Arranging of Bank Guarantee & Legal documentation.
35- KKP Traders Pvt. LTD. Arranging of Leasing Finance & Legal documentation.
36- Pakweavers Pvt. Ltd. Project feasibility, Company Registration & Arranging of project
Loan
37- Anjum Textiles Pvt. Project feasibility
38-Chaudhary Ginning. Project feasibility.
39-Khawaja Trading Corporation Project feasibility.
40 -R. Sharif Textile Mills (Pvt.)Ltd. Corporate Services
41-S. Sharif Weaving Mills Pvt. Ltd.,Corporate Services
42-Al-Tahir Trading Co Pvt. Ltd., Corporate Services & Accounting Services
43-Allied M.M. Pvt. Ltd., Corporate Services & Accounting Services
9. 9
44-Awais Textile. Project feasibility.
45-Saqib Weaving Factory. Sales Tax Services.
46-Shahab Weaving Factory. Sales Tax Services.
47-Sidiq Weaving factory. Sales Tax Services.
48-Star Weavers. Sales Tax Services.
49-Star International. Corporate, Income Tax Services
50-Inayat Ltd. Project re-structuring services
50A-Inayat Ltd. Accounting & Tax Services.
51-Pak Tanneries. Project feasibility.
52-All P. C. Power Looms Association. Corporate and Advisory Services
53-All Pakistan Textile Processing Mills Association. Faisalabad Corporate and Advisory
Services
54-Sunpak Fiber Ltd. Corporate and Advisory Services
55- Abasyn Color Polyester Ltd. Corporate and Advisory Services
56-Aala Textiles. Import & Export Advisory Services
57-Arfa Fabric. Accounting & Tax Services.
58-Sitra Knitting Industries Pvt. Ltd. Corporate and Advisory
Services 59-Ishaque weaving Accounting & Audit Services
60-World Garments Pakistan Pvt. Ltd. Corporate and Advisory Services
14.Certification:
SOME IMPORTANT DOCUMENTS ARE PASTED BELOW.
14.1 IDENTIFICATION:/CERTIFICATIONS.
10. 10
14.2 .Associate Ship Certificate of Institu
14.3 Fellow Membership Certificate of Institute of
Corporate Secretaries of Pakistan
11. 11
14.4 Membership Certificate of Pakistan Institute of Public Finance Accoutants
Bachelor Degree from Punjab
Universiity,Lahore,Pakistan