Board of Directors

Mr. Muhammad Sarfaraz Hussain Siddiqui is a seasoned banking and foreign exchange professional with over four decades of extensive experience in Retail + Commercial Banking treasury, operations, and business management. He has held several senior leadership positions in leading financial institutions and has developed deep expertise in foreign exchange markets, operational controls, and strategic business development.

Mr. Siddiqui began his career with Allied Bank Limited (ABL) in 1982 as an FX Dealer and progressively advanced to key leadership roles, including Regional Controller, Regional Head and Group Head across various functions such as Treasury, Operations, Compliance, and Corporate & Branch Banking. His long-standing association with ABL reflects a strong track record of performance, leadership, and institutional knowledge.

In 2018, he joined Wall Street Exchange as Head of Operations and elevated to Chief Executive Officer, where he played a pivotal role in strengthening operational frameworks and enhancing service delivery. Upon Assets Acquisition of Wallstreet by UBL he joined UBL Currency Exchange (Private) Limited in June 2024 as Head of Operations and elevated to Chief Executive Officer with effect from February 2025 to lead the organization through a phase of growth, operational efficiency, and improved financial performance.

Mr. Siddiqui holds a Master’s degree in Economics and a Bachelor of Laws (LLB) from the University of Karachi. He is also a DAIBP (Diploma of Associate Institute of Bankers Pakistan), reflecting his strong academic and professional foundation in banking and finance.

With his extensive industry experience, leadership acumen, and commitment to excellence, Mr. Siddiqui continues to play a key role in driving operational strength and sustainable growth in the exchange company sector.