Junaid Iqbal

Founder & CEO, Salt Ventures

Junaid Iqbal is an investor and entrepreneur with an excellent track record in executing growth and turnaround strategies.As the founding Managing Director of Careem Pakistan, he was responsible for establishing and growing the company’s presence in the country. By 2017, Careem Pakistan was the largest market in the network by rides. Between 2017 and 2019, he also served as Managing Director for Careem Saudi Arabia and Managing Director of Careem Pay from 2019 to 2020. Junaid led the turnaround and sale of Elixir Securities, a Pakistan-based global brokerage and investment banking advisory firm.

Under his leadership, Elixir became the market leader in brokerage and volumes and led the secondary sale of HBL Bank, worth $1.01 bn, the single largest equity deal in Pakistan’s history. Junaid’s first stint as a CEO was at BMA Financial, where he built Pakistan’s first digitally enabled mutual fund supermarket.Prior to BMA, he spent 5 years as a financial journalist producing and anchoring shows for Geo Tv and CNBC. He is also the co-founder of Salt Arts, a music, art and entertainment platform.