Agnes Paul, FSA

Agnes Paul is a Fellow Society of Actuaries (FSA), a diehard Broadway musical fan, a wannabe archeologist and the goto person when it comes to building or de-bugging models at FourQuants and Alchemy.

She has the touch that takes a complex differential equation and turns it into a readable excel spreadsheet. She also has the eye to look at a series of numbers and immediately point out what is wrong, especially when they have been produced by Jawwad.

Prior to her current life as a hands on Quant, Agnes led the charge as the author of Pakistan's first indigenous mortality table investigation at the largest life insurance company in Pakistan. She is the co-author of Risk Frameworks & Applications, a contributor to Understanding Commodity Risk and an avid reader of everything we purchase for our library.

Jawwad Farid, FSA

Jawwad Farid

Jawwad Ahmed Farid is a Fellow Society of Actuaries (Chicago), a MBA from Columbia Business School (New York City) and a computer science graduate. During the last 20 years, he has worked as a consultant in North America, Pakistan, Middle East and the United Kingdom with a number of blue chip clients including Aegon, Goldman Sachs, ING, Merrill Lynch, Met Life, Nationwide, Sumitomo Mitsui Bank, Pacific Life, Fidelity Investments, Transamerica, and GE Financial Assurance. Jawwad’s core areas of expertise include Asset and Risk Management, Product Development & the Financial Services Back Office. He blends a rare combination of risk management, information systems, business and product development skill set side by side with his actuarial expertise.

He is the author of three books on Entrepreneurship (Reboot), Commodity Markets (Understanding Commodities Risk) and Risk Management (Risk Application and Frameworks).

As an investment advisor Jawwad has advised a 3 billion US$ dollar life insurance fund on allocation and bid patterns for 10, 20 and 30 year bonds, a 30 million dollar Middle East fund on ALM mismatch and fixed income strategy, a 10 million dollar pension fund on asset allocation and equity market timing in Pakistan. He has also worked with the securities regulator on assessing the state of the corporate bond market and issued valuation opinions on cross currency swaps, interest rate swaps, caps, floors, participating forwards and contingent liabilities for Exchange Guarantee Funds in the region.

Jawwad has worked directly as a founder, founding team member, mentor and advisor at multiple startups including two green field life insurance companies, financial services consulting operations, risk and investment advisory businesses as well as micro insurance, micro pensions and micro finance startups.

Jawwad is an adjunct Faculty member at the SP Jain Campus in Dubai and Singapore where he teaches courses on Entrepreneurship, Risk Management, Derivative Products and Project Finance. As part of the Alchemy Training practice he has delivered over 125 courses in the last 10 years to treasury, risk, corporate and investment banking customers in Dubai, Abu Dhabi, Riyadh, Kula Lumpur, Singapore, Bangkok, Karachi, Lahore and Islamabad. He has been a featured speaker on campus at Columbia Business School, University of Virginia's Darden Business School, LUMS, IBA and CBM. He has also served as a judge at the Asia Pacific ICT Awards in Macau (2006), Singapore (2007), Jakarta (2008), Kula Lumpur (2010), and Pattaya (2011). He currently serves as member of the oversight board for the PASHA Social Innovation Fund.

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