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Hunain Mandvia
Director at Acasus
Hunain Mandvia is a Director at Acasus, a company focused on helping governments improve health and education services. He serves as the Project Director for Pakistan, overseeing the company's portfolio in the country.13
Professional Experience
Hunain joined Acasus in 2021 and has since been working on several key initiatives:
- Improving routine immunization
- Fixing primary healthcare
- Eradicating polio3
Prior to his role at Acasus, Hunain worked as an Engagement Manager at McKinsey & Company, where he gained experience in transformation, strategy, and execution.
Responsibilities and Expertise
As the Project Director for Pakistan, Hunain leads some of Acasus' most challenging and important projects.2 His work involves:
- Overseeing the company's portfolio in Pakistan
- Focusing on healthcare improvements, particularly in routine immunization and primary care
- Contributing to polio eradication efforts3
Media Appearances
Hunain has shared insights about his work through various media channels:
- He was featured in an interview on the Acasus Podcast, discussing his work since joining the company in 2021.5
- A video interview with Hunain is available on YouTube, where he likely discusses his role and projects in Pakistan.4
Hunain Mandvia's LinkedIn profile can be found under the username hunain-mandvia-4b82952b, where he shares professional updates and insights about his work in improving healthcare outcomes in Pakistan.36
Highlights
Once again, the USD/PKR exchange rate appears to be artificially controlled. We may not be flooding the market with dollars this time (since we don’t have enough); however, exchanges and banks seem to be forced to keep the interbank rate & open market rate within a certain range. The evidence:
- If you try to buy dollars at these controlled rates from exchanges for perfectly valid reasons e.g international travel, you will likely struggle (there is almost always a shortage)
- In the black market, the rates are now around >10%+ above these controlled rates
- Even banks and exchange companies are charging at least 6-10% above these controlled rates for international bank transfers (again for perfectly valid reasons) and foreign credit card spending
In general, these market distortions are not good. I wish we learnt from our past mistakes.
a) Exporters / free lancers probably don’t get the fair value of their dollars - why bring the money back if you’re not going to get the right value?
b) Remittances through official channels will likely decline for the same reason, exacerbating our forex woes.
Thoughts?
McKinsey & Company is hiring for various roles in North America. If you're interested in being referred to a position, please send me a quick note at [email protected] with the subject title: "McKinsey recruiting". Please include the following in your note:
- Your first and last name
- Your email
- Resume or LinkedIn profile link
- Role in which you are interested (please review open roles at https://lnkd.in/dqd6zUu)
- Whether you are in school (If yes, please mention school and degree. If not, just mention "not in school")
- Locations of interest (up to 2)
Deadline: April 30th 2021
