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Khurram Faisal

Manager – Procurement & Sourcing at Pakistan Stock Exchange

Talent
Gulshan-e-Maymar, Scheme 45, Karachi, PakistanMember since May 22, 2026
IT ProcurementVendor ManagementBudget ManagementPayment ManagementSLA ContractsCost Savings and TransformationiSeries System AdministrationDisaster RecoveryBRMSMIMIXEQUATION Core BankingMISYS OperationsNetwork AdministrationAccount ManagementSolution SellingProject ManagementTechnical EvaluationBanking SystemsMicrosoft SNA ServerMicrosoft Proxy ServerBRIGHTSTOR ARCSERVEData Center Operations
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IT ProcurementVendor ManagementBudget ManagementPayment ManagementSLA Contracts

About

Having more than 25 year's progressively responsible experience on different platforms. I have been exposed to different environments and have had the opportunity to work in corporate environments of local & multinational organizations as well. Expert in IT Procurement & Vendor Management, Payment Management, Budget Management, SLA Contracts Renewals, SLA/NDA Agreement and Coordination, and Cost Savings and Transformation.

Experience

Manager – Procurement & Sourcing - Pakistan Stock Exchange - Karachi, Pakistan

(2023-07)

  • Overall Supervision of Procurement, Payment, Contract & Vendor Management.
  • Maintain relationship with suppliers while continually searching for additional vendors.
  • Engage IT Principals, Distributors and Business Partner Companies for effective solutions and best pricing.
  • Developing sound, cost-effective strategies for the purchasing of materials used in the business.
  • Manage all IT related procurement of Software, Hardware, Infrastructure, Data Center, Power, Information Security with IT Principals, Authorized Distributors and Business Partners/Resellers Companies.
  • Preparation and Management of IT CAPEX and OPEX Budget Heads with updation of budget utilization.
  • Coordinate with all departments for preparation and submission of proposed budget to Finance.
  • Working closely with Finance for IT CAPEX & OPEX budget utilization, IT Accruals utilization and IT Asset capitalization
  • Preparation and publishing of RFPs/RFQs/Tenders document for vendors and suppliers.
  • Coordinate with relevant stake holder for technical evaluation and conduct bid opening meeting for submitted financial proposals.
  • Preparation and Process Approval Case for Procurement Committee to issue Purchase Order to L1 Vendor after technical and financial assessment.
  • Working closely and coordinating with PSX-Legal and concerned vendor to make sure SLA Contracts are favorable.
  • Working on agreement for IT Vendor Facilitation Charges to legalize for revenue generation of PSX and process non-disclosure agreements (NDA) for managed services contract.
  • Resolution of escalated issues arising from finance and requiring coordination with other departments.
  • Supervision of payments and procurement of laptops, desktops, printers and accessories of user depts.
  • Manage and process all IT SLAs and contact renewals.
  • Support and train new staff in procurement team.
  • Answer all the queries addressed by Procurement Committee.

Assistant Manager – IT Procurement - Pakistan Stock Exchange - Karachi, Pakistan

(2020-10 - 2023-06)

  • Maintain relationship with suppliers while continually searching for additional vendors.
  • Engage IT Principals, Distributors and Business Partner Companies for effective solutions and best pricing.
  • Developing sound, cost-effective strategies for the purchasing of materials used in the business.
  • Manage all IT related procurement of Software, Hardware, Infrastructure, Data Center, Power, Information Security with IT Principals, Authorized Distributors and Business Partners/Resellers Companies.
  • Maintain IT CAPEX and OPEX with updating of budget utilization.
  • Working closely with Finance for IT CAPEX & OPEX budget utilization, IT Accruals utilization and IT Asset capitalization
  • Preparation and publishing of RFPs/RFQs/Tenders document for vendors and suppliers.
  • Coordinate with relevant stake holder for technical evaluation and conduct bid opening meeting for submitted financial proposals.
  • Preparation and Process Approval Case for Procurement Committee to issue Purchase Order to L1 Vendor after technical and financial assessment.
  • Preparation and Process Payment Case for all IT Procurement related invoices received in ITD.
  • Working closely and coordinating with PSX-Legal and concerned vendor to make sure SLA Contracts are favorable.
  • Working on agreement for IT Vendor Facilitation Charges to legalize for revenue generation of PSX and process non-disclosure agreements (NDA) for managed services contract.
  • Resolution of escalated issues arising from finance and requiring coordination with other departments.
  • Supervision of payments and procurement of laptops, desktops, printers and accessories of user depts.
  • Manage and process all IT SLAs and contact renewals.

Senior Manager - Business & Operations - InnoKAT (Pvt) Limited - Karachi, Pakistan

(2015-12 - 2020-09)

ITS Technical Sales/Pre-Sales & Business Development

  • Develop and expand new clientele and maintain existing customers set by the company.
  • Achieve assigned financial goals by driving sales in assigned accounts.
  • Establishing personal relationships with key decision makers in the territory accounts is expected.
  • Coordinate with IT Principals, authorized distributors and business partners/resellers regarding deal locking and getting best discounted price of products and solutions.
  • Responsible for developing an account plan and executing plans to achieve goals
  • Prepare presentations, proposals and sales contracts.
  • Preparation of Financial/Commercial Proposals in respond to RFPs/RFQs/Tenders.
  • Attend initial and PNC meetings with IT and Procurement Depts of Customers regarding lead generation and closure.
  • Communicate new product and service opportunities, special developments, information or feedback gathered through field activity to appropriate company staff.
  • Execute and arrange all pre-sales and post sales activities i.e. start from lead generation to close sales i.e. to get purchase order and all post sales activities.
  • Effective utilize for sales pipeline development, tracking opportunity progress, developing monthly, quarterly and annual sales account level forecasts etc.
  • Prepare variety of status reports including activity, closings, follow-up and adherence to goals.

iSeries System Administrator - IBM Pakistan - Karachi, Pakistan

(2014-12 - 2015-11)

Habib Bank Limited out Tasking Project

  • Responsible for revision of various technical documents and operational procedures.
  • Responsible for co-ordination of Disaster Recovery, Fail-over and Fall-Back of Core banking and supported interfaces.
  • Responsible to handle technical application for backup, recovery and replications like BRMS, MIMIX, EBA/CCIS Replication, MQ etc.
  • Backup/restore as required by Manager Software Development, System Analyst and Application Administrator.
  • AS/400 Installation, Smooth Startup, Recovery and Migration of System, AS/400 Client Server Connectivity & Client Access for Windows 2000/XP.

Account Manager (Banking & Financial Sector) - Overseas Business Machines (IBM & Lenovo Business Partner) - Muscat, Oman

(2012-11 - 2014-06)

Sales/Presales Department

  • Project Management/Coordination after allotment of Project by Customer.
  • Support with technical qualification of sales opportunities.
  • Provide first-line technical support for software evaluations and/or pilot projects.
  • Create internal software/hardware requests and POC implementation plans and monitor the approval process.
  • Prepare the Project & Implementation Plan, Product Presentation & technical write ups for customers.
  • Proactively scopes technical solution required to address customer requirements, assets customers met and unmet needs, recommends solutions that optimize value for both customer and company.
  • Develop new accounts and maintain existing accounts set by the company.
  • Achieve assigned financial goals by driving sales in assigned accounts.
  • Establishing personal relationships with key decision makers in the territory accounts is expected.
  • Responsible for developing an account plan and executing plans to achieve goals.
  • Responsible for all aspects of the solution selling process.
  • Coordinate company staff to accomplish the work required to close sales.
  • Communicate new product and service opportunities, special developments, information or feedback gathered through field activity to appropriate company staff.
  • Effectively utilize for pipeline development, tracing opportunity progress, developing monthly, quarterly and annual account level forecasts etc.
  • Prepare variety of status reports, including activity, closings, follow-up and adherence to goals.

Manager System Operations / BCP Officer - Technology - Burj Bank Limited - Karachi, Pakistan

(2012-06 - 2012-10)

Business Continuity Department

  • Ensure placement of IT infrastructure in a way that business continuity of the bank is not compromised at any location, whether HO; branches or other offices.
  • Conduct periodical drills in coordination with BCM and relevant departments.
  • Recommend Recovery Strategies, Options and assist with the implementation of recovery solutions.
  • Assist business units with: 1. Assessment of potential business impact. 2. Definition of critical, time-sensitive functions. 3. Design, development and documentation of alternate staging. (Business function continuity plans)
  • Project Management & Technology Coordination for ongoing maintenance of disaster recovery procedures for Data Center Operations and participate with team on the testing and evaluation of the disaster recovery procedures.
  • Liaison with front end users and IT for handling /resolution of day to operations matters related to the system.
  • Preparation of Functional Specification for newly identified and amended processes through system
  • Requirement Analysis of new MIS Reports for development and Conduct UAT.
  • To assist CTO in verification and preparation of operational processes in line with system functionality.
  • Supervise & review System & MIS Activities along with Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws.
  • Responsibilities include training associates, scheduling, planning, assigning and directing work.

Manager IT Procurement & Vendor Management - Burj Bank Limited - Karachi, Pakistan

(2011-07 - 2012-06)

IT Procurement Department

  • Maintain relationship with suppliers while continually scouting for additional vendors.
  • Attend meetings with IT Principals and IT Business Partner Companies for best discounted pricing and services.
  • Developing sound, cost-effective strategies for the purchasing of materials used in the business.
  • Manage all IT related procurement of Software, Hardware, Infrastructure, Data Center, Power, Information Security, Surveillance and Physical Security Solutions with IT Principals, Authorized Distributors and Business Partners/Resellers Companies.
  • Preparation of IT Budget - Capex and Opex after allocation and approval from IT Senior Management.
  • Arrangement of meetings with Vendors for negotiation to get the deal finalized.
  • Evaluation and Comparison of Technical Proposal through apple to apple comparison method.
  • Review Project Proposal and align related vendors for RFP.
  • Preparation and Floating of RFPs/RFQs/Tenders document to vendors and suppliers.
  • Issuance of Purchase Orders to L1 Vendor after assessment of technical and financial proposals.
  • Process Invoice preparation of payment note and submit it to CFO after approval from expenditure committee members.
  • Supervision of IT Procurement & Logistics Team and delegating tasks across departments when necessary.
  • Reviewing and working closely with Legal Department to make sure contracts and terms are favorable.
  • Resolution of escalated issues arising from operations and requiring coordination with other departments.
  • Preparation of Presentations and Reports for Yearly IT Procurement Plan.
  • Identifies and researches potential new suppliers.
  • Researches new products and services to meet organization goals.
  • Assesses total costs organization IT purchases.
  • Conducting cost analysis and setting benchmarks for improvement.

Systems Administrator (iSeries & Misys) - KASB Bank Limited - Karachi, Pakistan

(2007-07 - 2011-06)

MISYS Operations of Information Technology Division

  • Responsible to help project and development team to provide the environment for UAT.
  • Co-ordinate with the project and development team for the implementation of new software, H/W after thorough technical analysis.
  • Responsible for level 3 local support for troubleshooting the core-banking systems/ applications, and follow-up with the respective vendor and internal team members.
  • Support Equation EOD failures and crash recovery.
  • Responsible for revision of various technical documents and operational procedures.
  • Responsible for co-ordination of Disaster Recovery, Fail-over and Fall-Back of Core banking and supported interfaces.
  • Responsible to handle technical application for backup, recovery and replications like BRMS, MIMIX, EBA/CCIS Replication, MQ etc.
  • Backup/restore as required by Manager Software Development, System Analyst and Application Administrator.
  • Responsible for Entire System Backup as scheduled & Keep Physical Backup Media on and off the location.
  • Application Administration of EQUATION (Core Banking Application) and responsible to resolve Problems in End of Day Process for EQUATION Unit.
  • Overall Supervision of Shift Operators and Daily Routine Jobs performed in Data Center of MISYS Operations.
  • AS/400 Installation and Migration of System, AS/400 Client Server Connectivity & Client Access for Windows 2000/XP.
  • Maintain Tape Media Library for AS/400 & Equation Day End Backups of Equation Units for MISYS Operations.

Data Centre Incharge, Disaster Recovery Site - Standard Chartered Bank - Karachi, Pakistan

(2006-05 - 2007-06)

Technology Services & Support

  • Backup & Restoration of All Application Servers Data from Live Servers to DR Servers using BRIGHTSTOR ARCSERVE Software on daily basis.
  • Over all System & Security administration including installation & up gradation of new Hardware, Operating system and licensed software on AS/400 i Series.
  • Installation & Configuration of UNIX V3R4 & Linux AS 2.1 Servers.
  • Supervise & Manage System Support (Software, Hardware, Networks) for 04 Branches of SCB.
  • Backup & Restoration of All Linux & Unix Based Application Servers.
  • Supervise & Manage Follow-ups for All Pakistan IT Desktops & Servers Problems through Distributed Systems Service Request. (Web Based Application)
  • Over all Supervision & Retention of Daily, Weekly, Month-end, Year-end Backups for All Servers.
  • AS/400 Installation and Migration of System, AS/400 Client Server Connectivity & Client Access for Windows 2000/XP.
  • Taking Entire System Backup on quarterly basis as scheduled & Keep Physical Backup Media on and off the location.
  • Team Member of Manager Infrastructure Team for handling & management of new Projects & Proposals.

IT Manager - A.A. Consultants - Karachi, Pakistan

(2003-09 - 2006-04)

  • Installation and configuration of windows 2000 server and workstations.
  • Assist Network Solutions Manager in upgrading of Operating Systems.
  • Management of Active Devices, User Account, User Profile and Group Profile Management on Windows 2000 Server.
  • Configure, Setup and Installation of Software Packages and Hardware.
  • Responsible for Corporate E-mail, Internet and Security Issues.
  • Assist Project Manager in System Implementation Projects (Software) for Clients.
  • Backup and Restore Operation of both Data and Application on Windows 2000 Server, Linux and Unix Based Application Servers.
  • Management of different Log files as File Audit, System, etc.
  • Coordinate with Users with carrying out contingency plan to cope with Disaster & Business Continuity of IT facilities provided by the company.

System Operator / PC Support Engineer - General Tyre & Rubber Company of Pakistan Ltd - Karachi, Pakistan

(2000-07 - 2003-08)

  • Working on AS400 V4R3, V4R4 & V5R1 as a System Operator.
  • Assist System Administrator in upgrading of Operating System and Application of PTFs.
  • Connectivity and Configuration of AS400 Terminals on LAN and configure it on PC through Microsoft SNA Server.
  • Data Transferring & Receiving from GTR Off-line Branch Offices, City Office, Service Centre and uploading to AS/400.
  • Installation and Configuration of Windows 2000 Server and Workstations.
  • Management of Active Devices, User Account, User Profile and Group Profile Management on Windows 2000 Server.
  • Coordinate Network Administrator in trouble shooting of AS/400 Terminals, Printers and other AS/400 Network Problems.
  • Control AS/400 Printer Queues, Message Queues and Job Queues of AS/400 Users.
  • Backup of AS/400 i.e. Daily backup, Weekly backup, Period-end Backup, Year end Backup, Entire System Backup etc or any other Backup/Restore as required by IT Analyst.
  • Daily Backup of PC's, Restore and Miscellaneous Data Backup as and when required by System Administrator.
  • Responsible for Reclaim Storage in case of Abnormal Shutdown of AS/400.
  • Assist Network Administrator in carrying out contingency plan to cope with Disaster of IT facilities in GTR.
  • Assist IT Manager & System Administrator in selection of appropriate IT Equipment.

Junior Officer (IT) - Pakistan Kuwait Investment Company (Pvt) Ltd - Karachi, Pakistan

(1999-01 - 2000-06)

  • Network Administration of more than hundred workstations with two Windows NT Servers.
  • Management of different Log files as File Audit, System, etc.
  • Backup Operation of both Data and Application on Windows NT Server.
  • Responsibility of keeping, acquiring and analyzing all Inventory of Department.
  • Weekly Download of Virus Definition of file of Norton Anti-Virus and make it available on PKIC Intranet for all company's employees.
  • Providing assistance in Management of Third-Party MIS Solutions including FASCOM Management System, Reuters International News Server and Investment Banking System developed by ACE Aims Software Solutions on Oracle.
  • Network Trouble Shooting of PKIC & AMIB on both Client and Server Machines.
  • Responsible for Providing Internet facility to company Employees on different workstations through Microsoft Proxy Server and Log administration of all activities.
  • Account Management, Trouble Shooting and Security Issues of E-mail Users through MDaemon.
  • General Maintenance of PKIC Intranet as upgrading the Electronic Library by downloading company's interest information.

Education

MBA - MIS - KASBIT

BSc - Maths, Statistics, Economics - University of Karachi

HSC - Science (Pre. Engineering) - D.J. Sindh Govt Science College

SSC - Science Group - Habib Public School

Skills

ManagerProcurement & Sourcing at Pakistan Stock Exchange

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