Comprehensive Experience in Finance, Tax, Corporate Advisory, and Leadership

Mr. Farrukh Junaidy is a highly accomplished professional with over four decades of diversified experience in finance, business management, and corporate strategy. His career spans financial and business management, strategic planning, budgeting, staff development, contract negotiation, audit coordination, and risk management. He is adept in policy and procedural development, tax planning and compliance, report preparation, and public relations. As a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP), he has held significant positions including Vice President and Council Member. His 15-year tenure at KPMG Pakistan, including six years as Partner, highlights his expertise in audit and consultancy.

Financial Advisory Service

During his time at KPMG Pakistan’s Financial Advisory Services, Mr. Farrukh Junaidy managed a wide array of assignments including share valuations, mergers and acquisitions, due diligence, restructuring, and business process reorganization. He contributed to project appraisals, implementation and monitoring, fraud detection diagnostics, internal controls, and management reporting standards. His work extended to significant government projects, such as the reorganization of Pakistan’s Central Board of Revenue. He is experienced in developing business plans, identifying business risks, and recommending mitigation strategies. His professional reach includes extensive collaboration with government authorities and financial institutions.

Corporate Finance

Mr. Farrukh Junaidy has a robust background in corporate finance, assisting investors in identifying acquisition opportunities, whether in ongoing businesses seeking shareholder exit or distressed entities seeking private equity. He has restructured distressed companies through debt swaps and equity investments. Currently, he is involved in sales-side advisory for pharmaceutical and ceramics firms, as well as restructuring a two-wheeler automotive company.

Tax Service

As a partner at KPMG Pakistan, he led direct and indirect tax services, managed risk for all tax clients, and served as the country’s quality assurance partner for tax services. Representing numerous clients before key government bodies, he played a pivotal role in tax reform studies and contributed to the government’s sales tax task force. His initiatives on indirect tax advisory led to investigative audits of major industrial units suspected of tax evasion.

Corporate Advisory Service

Mr. Farrukh Junaidy spearheaded major corporate restructuring assignments, headed the corporate finance department, and participated in high-profile IPOs, including the privatization of Pakistan International Airline. He was also involved in share valuation for Sui Northern Gas and in private placements for industrial ventures.

Due Diligence

He conducted buyer-side tax due diligence for Kuwaiti investors during the acquisition of Pakistan State Oil and provided advisory services for Unilever’s global oil business spin-off. He advised on the sale and merger of banking institutions, including the ANZ Grindlay Bank with Standard Chartered Bank.

Leadership Roles

Mr. Farrukh Junaidy has held senior roles such as Group Chief Financial Officer and CEO within large conglomerates. He led group reorganizations, acquisitions in cement and sugar sectors, negotiated with banks for loan restructuring, and resolved vendor disputes. Notably, he oversaw plant expansions, ERP implementations across 13 companies, and introduced structured organizational policies and procedures.

Dispute Resolution

As a qualified mediator, Mr. Farrukh Junaidy contributed to legal system reforms in Pakistan, successfully mediating commercial disputes under the Karachi Centre for Dispute Resolution and other platforms.

Professional Achievements and Board Representation

He has served as an elected council member and vice president of ICAP, chaired various professional committees, and contributed to accounting standards and investigations. His board appointments include independent directorships and audit committee chairmanships at Pakistan Revenue Automation Limited (PRAL), Karachi Stock Exchange, National Clearing Company of Pakistan, Crescent Steel & Allied Products Limited, Pak Qatar Family and General Takaful, and CDC Share Registrar Services Limited. He holds a certificate from the Pakistan Institute of Corporate Governance and has served on several other boards.

Professional Contributions

Mr. Farrukh Junaidy is an active contributor to professional journals, a presenter at industry forums, and currently a senior partner at his firm. His career reflects deep expertise in financial advisory, tax services, corporate restructuring, governance, and leadership.

Mr. Farrukh Junaidy has 39 years diversified experience with strong background in financial & business management, strategic planning, budget administration, staff training & development, contract negotiation, audit coordination, policy & procedural development, risk management, tax planning & compliance, report preparation and public relations.

Mr. Farrukh Junaidy is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP) and has served as the Vice President and Council Member of the ICAP. He possesses 15 years experience with KPMG Pakistan, including 6 year as Partner.