Chairman / Founder, Akhuwat

  • Dr. Amjad Saqib

Dr. Amjad Saqib

A medical graduate from Kind Edward Medical College, Dr. Amjad Saqib was selected for the nation’s topmost bureaucratic institution — Civil Services of Pakistan in 1985. Having stood out as a public official, right when his career was about to move towards higher echelons, he resigned in 2003 with the intent to dedicate himself to becoming a social entrepreneur and make a difference in societal change through Akhuwat- which had already been founded and launched by him in 2001and had meanwhile started taking strides towards making an immense impact on the social scenario. During his career in Civil Service he had the opportunity to closely examine the various initiatives of poverty alleviation, participatory development and conventional microfinance. This made him realize that “something different had to be done”. This desire to do for the poor spurred him on to conceive and introduce an interest-free microfinance model based on the idea of Muakhat or brotherhood.

This makes Akhuwat a unique microfinance organization – indeed the first of a kind. The model that has been acknowledged internationally and remains the largest such institution in the world with a client family base of over 1,100,000, with a disbursement of over Rs. 21 Billion and recovery rate of 99.87%.

Dr. Amjad Saqib took his Masters degree in Public Administration through Hubert H. Humphrey Fellowship from the American University, Washington D.C., USA. He also studied at LUMS, where he completed the one year LUMS McGill University Program in Social Enterprise & Management.

Dr. Saqib is founder of Akhuwat and Akhuwat is his real passion but he also renders honorary services for many other NGOs. He is Vice Chairman Punjab Educational Endowment Fund (PEEF) (Rs. 15 Billion Fund), Chairman Management Committee Fountain House, Honorary Managing Director Punjab Welfare Trust for Disabled (a consortium of 115 NGO’s having served over 2.8 million patients), Member Board of Directors Punjab Education Foundation, Member Syndicate Punjab University, Member Syndicate University of Education, Commissioner Punjab Health Care Commission, Member Punjab Red Crescent Society. Recently, Prime Minister of Pakistan appointed him Chairman Steering committee for Prime Minister’s Interest Free Loan Programme and Executive Member of Pakistan Medical and Dental Council.

Besides his pro bono work for Akhuwat, Dr. Amjad Saqib is a highly sought after consultant, and has provided consultancy to various highbrow international development agencies, such as the Asian Development Bank, International Labour Organization, the UNICEF, the World Bank, Canadian International Development Agency, USAID and DFID. This consultancy work has also been in his core area of interest: poverty alleviation, microfinance, social mobilization, education and health management.

Dr. Amjad Saqib is also a regular speaker at the Civil Services Academy (CSA), the National Institute of Public Administration (NIPA), the Lahore University of Management Sciences (LUMS) and many other professional forums. He has spoken at Harvard, Cambridge, Oxford, London School of Economics, Warrick and Kings College of London.

In recognition of his services across many spheres, the President of Pakistan honored him with Sitara-a-Imtiaz, a most coveted civil award. He also received the “Lifetime Achievement Award 2015” from Reuters and Abu Dhabi National Bank. He has been give the life time achievement award by Human Rights Society of Pakistan and also “I am the Change Management” award by Angro Pakistan. He received numerous accolades and awards.