Our People

  • Ali Saigol
    Ali Saigol
    FOUNDING PARTNER
  • Mahmud Yar Hiraj
    Mahmud Yar Hiraj
    FOUNDING PARTNER
  • Imran Zaffar
    Imran Zaffar
    FOUNDING PARTNER
  • Zulfiqar Haider Bhatti
    Zulfiqar Haider Bhatti
    Chief Financial Officer
  • Abdullah Awan
    Abdullah Awan
    Vice President
  • Abdul Basit Iqbal
    Abdul Basit Iqbal
    Associate
  • Basra Ajmal
    Basra Ajmal
    Research Analyst
  • Zeeshan Ahmed
    Zeeshan Ahmed
    HR & Operations
Ali Saigol
FOUNDING PARTNER

Mr. Saigol is a founding partner at Baltoro Capital and member of the Investment Committee for Baltoro Growth Fund
Prior to Baltoro Capital, Mr. Saigol was a Director of Indus Basin Holdings (IBH), Pakistan’s premier agribusiness investment company
IBH partners and investors included Tim Draper of Draper Fisher Jurvetson, Thyssen family office (ThyssenKrupp) and former UK Foreign Secretary David Miliband
At IBH Mr. Saigol led the strategic planning and was responsible for origination, investment decision making, and operations
Mr. Saigol holds a BSc in Entrepreneurship and Economics from Babson College

Mahmud Yar Hiraj
FOUNDING PARTNER

18+ years of experience in private equity, principal investments & global finance
Prior to Baltoro, he was head of Principal Investments at Alfalah & a leading role at Dhabi Group with representation on ICs and various portfolio company boards
He has extensive experience of working closely with top investors, sponsors and boards in mapping out transformational journeys, growth plans and turnarounds and getting these implemented successfully by crafting management teams
His prior experience includes positions at Salomon Smith Barney, Citigroup, J.P. Morgan, Scotia Capital in New York, Toronto and London
Mr. Hiraj holds an MBA from Yale University and a BA from McGill University

Imran Zaffar
FOUNDING PARTNER

Over 20 years of experience in the fields of private equity, Investment Banking and Strategy Management in the UK & PK
Prior to Baltoro, Imran established the Merchant Banking group at Bank Alfalah where the group built an alternatives portfolio of c.US$130m
At Dhabi Group, the largest foreign investor in PK, he was responsible for performance of portfolio companies in financials, real estate & healthcare
Previously, Imran was responsible for the strategic transformation office at MCB, led Corporate Finance at Elixir (W.I.Carr) and worked in the leveraged finance business at Dresdner Kleinworts in London
Mr. Zaffar has degrees in Economics & Engineering from the University of London

Zulfiqar Haider Bhatti
Chief Financial Officer

Zulfiqar has over 15 years of experience in the field of financial management and business strategy. Zulfiqar is an Associate Chartered Management Accountant and holds a Master’s degree in Financial Economics. He is also an Associate Member of Chartered Bankers UK.
Before joining Baltoro, Zulfiqar worked for Bank Alfalah and Abu Dhabi Group, primarily in Investments and Financial Strategy. Zulfiqar also worked for MCB, JS, and Sapphire Groups.

Abdullah Awan
Vice President

Abdullah has over 4 years of experience working in private equity, asset management, and the financial services. Prior to joining Baltoro in 2019, he worked as an Investment Analyst at Alfalah GHP Investment Management Limited in Karachi, covering banking, insurance and economy for over a year. Before that, he was an Assistant Manager in the Financial Reporting Team at PTCL, where he was tasked to lead the implementation of IFRS 9 on the company’s books back in 2017.
Abdullah is currently a Level 3 Candidate of the CFA professional qualification and holds a BS. in Accounting and Finance from NUST Business School. During his final year, he led his university team at the CFA Institute Research Challenge, and won the ‘Outstanding Investment Research’ award at the Local Final

Abdul Basit Iqbal
Associate

Abdul Basit Iqbal is working as an associate in the investments team at Baltoro. Prior to joining Baltoro, he has experience in management consulting where he worked with different MNCs, private equity funds, sovereign wealth funds, family offices and FMCGs. These engagements mainly included finance and strategy projects in retail, hospitality, food and beverage, energy, healthcare and financial services space.

Basra Ajmal
Research Analyst

Basra joined Baltoro as a Research Analyst in 2022. Before that, she also did her summer internship with Baltoro.
Basra is graduating senior at Lahore University of Management Sciences, majoring in Accounting and Finance and minoring in Public Management. She started her investment experience focused on Venture Capital with National Incubation Center Lahore, where She worked as a Finance Intern for Cohort 9, followed by an opportunity to work as Finance Intern for Cohort 10. At NICL, She got an experience in diverse business models, ranging from healthtech, and agritech to fintech.

Zeeshan Ahmed
HR & Operations

Zeeshan has been associated with Baltoro since 2016. Zeeshan has done his MBA and currently managing HR & Operations.