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Mohammed Amjad Shaikh
ACA, CFO - Packages Convertors Limited
Mohammed Amjad Shaikh is the Chief Financial Officer (CFO) at Packages Convertors Limited, a subsidiary of Packages Group, located in Lahore, Punjab, Pakistan. He has held this position since August 2022. In his role, he oversees the overall cash flow of the company, manages risk, and provides insights to stakeholders to enhance business performance through forecasting and budgeting. He leads a team of over 25 individuals and ensures compliance with local financial regulations while advising management on necessary actions.1
Prior to becoming CFO, Shaikh served as the Comptroller of Accounts at Packages Limited from February 2019 to August 2022, where he was responsible for financial reporting in accordance with International Financial Reporting Standards (IFRS) and local requirements. He also held the position of Deputy Comptroller of Accounts from April 2014 to February 2019, focusing on financial analysis and reporting.1
Shaikh is a Chartered Accountant, having completed his education at The Institute of Chartered Accountants of Pakistan between 2008 and 2013. He began his career at PwC Pakistan (A.F. Ferguson), where he gained significant experience in audits and business advisory services.1 His professional mantra emphasizes the importance of patience and excellence in work.1
Highlights
I’m happy to share that I’m starting a new position as Chief Financial Officer - Packages Convertors Limited at Packages Group!
As a manager, a central part of your job is to develop people. But when you delegate a task to someone — with no prior training — simply because you are unavailable to do it, their chances of succeeding are slim. Managers need to stop thinking of passing off responsibilities as delegating, and start taking on the mindset of a trainer. If you do, you will naturally look for ways to give a little more responsibility to the people who work for you. Start by gauging who on your team genuinely wants to move up in the organization, and identify their main areas of interest. Create a development plan for them and write down the skills they will need in order to reach their goals. Then, focus on giving them assignments that require those skills. Help them work their way up to a challenging task by starting with a series of practice sessions. The first time you introduce a task to someone, let them shadow you while you explain some of the key points. Then, give them a piece to do on their own with your supervision. Only let them carry the full load when you sense that they are ready. By doing this, you are helping your supervisees reach their career goals, and creating a team of trusted associates who can step in when you are overwhelmed or out of the office.
