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MISSION STATEMENT:

  • Committed to develop our intellectual capital to achieve excellence in service quality.
     
  • Dedicated to building a long term relationship based on trust and prudent practices thereby creating an environment of financial security.
     
  • Develop strategy for optimizing resources to generate sustainable growth in profit while making a positive contribution to the community we line in.

 

VISION STATEMENT:

  • Maintaining and strengthening the success of clients’ finances is a complex task in this business and implementing effective financial strategies is an important part of this process. Our role at Progressive Securities (Pvt.) Limited is to augment clients’ business knowledge and vision with the specialized expertise of financial advisory professionals. Our strategic planning guides our financial advisory and investment management philosophy.

     


 

AUDITORS & LEGAL ADVISORS:

AUDITORS:

 

Amin Mudassar & Company
Chartered Accountants                               

 

 

4th Floor, IEP Building, 97-B/D-I,
Main Boulevard Gulberg-III Lahore.

 

 

+92-42-5717261-2
 
ICAP Rating : QCR Rated and SBP Rating is "B"
     

 

LEGAL ADVISOR:

 

Mohsin Nawaz Ranjha
Ranjha & Co.

 

 

PAFF Building 
Kashmir Road Lahore

 

 

+92-42-37363803
     

 


 

NCB AUDITORS:

 

Amin Mudassar & Company
Chartered Accountants                             

 

 

 

 

COMPANY PROFILE:

 

Progressive Securities (Pvt.) Limited has been a corporate member of the Lahore Stock Exchange since 2000 and is now a TREC holder of the Pakistan Stock Exchange. The company has been able to grow from strength to strength over time serving its clients and has been a participant in the development and improvement of the stock exchanges of Pakistan. Its directors have served on different committees and board of the Lahore Stock Exchange as the company feels that it has its own part to play in the growth of the capital markets of Pakistan.

Date of Incorporation 26-04-2000 (SECP incorporation No.256/Securities Broker)

TRE CERTIFICATE NUMBER: 256 Dated January, 2016

 

 


 

MANAGEMENT PROFILE:

 

Sajjad Ahmed Dev (Chief Executive Officer)

Mr. Sajjad Ahmed Dev is the Chief Executive Officer of Progressive Securities (Pvt) Limited. He has been working for the company since 2000 and was appointed the CEO based on his experience in the market. He holds an executive directorship at the company. In addition to his professional experience, he has a B.A’s degree from University of Punjab.

 

MUHAMMAD IHSAN ( Director)

Mr. Muhammad Ihsan has a degree of chemical engineer from Punjab university. He has experience in the field of equity investment advising and financial services for over 17 years.

 

Syed Asad Abbas Naqvi (Manager)

Mr. Syed Asad Abbas Naqvi is responsible for the accounts department of the brokerage house and has been working for the house since. Mr. Syed Asad Abbas Naqvi has to make sure that the bank accounts are reconciled with the back office and that proper documentation is maintained in regards to the vouchers relating to entries being carried out. Mr. Syed Asad Abbas Naqvi in terms of the preparation of the accounts and updates the back office of the brokerage house with the bank and the client’s ledger balances.

 

Shahid Ali (Compliance Officer)

Mr. Shahid Ali is currently the compliance officer at Progressive Securities (Pvt) Limited. He has been working in the company since 2007. He also has a B.Com degree from University of The Punjab. His day to day workings make sure that the regulations and rules of the Pakistan Stock Exchange and National Clearing Company of Pakistan are met on a daily basis and the company is operating within the regulatory confines which have been set.

 


 

 

REGISTERED AGENTS:

 

Head Office Team

Sajjad Ahmed Dev

 

Chief Executive (0321-4380963)

Sheikh Muhammad Ihsan

 

Director (0423-36316967)

Syed Asad Abbas Naqvi

 

Finance Manager  (0321-4380961)

Shahid Ali Khan

 

CDC Manager  (0323-4933342)

 

IT Department

Amir Ali Khan

 

 

 

EQUITY TRADERS

Syed Inam Haider

 

 

Atif Rafiq Malik

 

 

Ikhlaq Ahmed

 

 

Pervaiz Pitrus

 

 

     

 

 

 

 

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