Commerce Desk
Islamabad: Pakistan Telecommunication Company Limited (PTCL) has appointed Muhammad Amir Siddiqi as Chief Financial Officer, effective immediately, following approval by its Board of Directors.
A Fellow Chartered Accountant with over 30 years of experience, Siddiqi has spent more than two decades in telecommunications, in Pakistan and abroad, and previously worked at Ernst & Young and Deloitte. He earlier served PTCL Group as Group Executive Vice President, Financial Planning & Treasury (2013-2022), and then as Head of Strategy & Transformation. In those roles he supported a spectrum acquisition and a telecom-sector acquisition, backed the launch of Wireless Data and Flash Fiber services, led cost optimization, and integrated the finance functions of PTCL and Ufone.
Since 2023, he has been CFO of U Microfinance Bank, where he secured regulatory approval for a capital injection of about PKR 15 billion and delivered annualized operating cost savings of roughly PKR 2 billion.
As CFO, Siddiqi will lead PTCL’s financial strategy, focusing on financial performance, capital allocation, governance and operational efficiency in support of the company’s strategic priorities.
