Armughan Mufti is a professional accountant from Pakistan with 20 years of international experience, across the Middle East and the United Kingdom. He started his career with KPMG in Pakistan and later in Kingdom of Saudi Arabia, where he led audit & advisory engagements for firm’s renowned clients including airlines, oil & gas and manufacturing groups. Later, Armughan progressed his career through major global & regional conglomerates, such as Nestle S.A., Saudi Binladin Group and Al Rajhi Group, where he held increasingly challenging positions. At his last full-time engagement with HLG Contracting Group UAE (part of ACS Group S.A., world’s largest civil engineering & concession operations group), Armughan held the position of Chief Financial Officer, where he managed a project portfolio of over USD 5BN across mixed use real estate, mass transportation, O&G, education, healthcare and infrastructure projects, as well as several Board membership roles across group entities in the ME region.
On project financing spectrum, Armughan was part of executive team involved in raising debt for Abraj Al-Bait, world’s largest mixed use development located in Makkah Mukkaramah, Saudi Arabia. Later and through his career, Armughan raised financing for various landmark projects in airports, O&G, healthcare, mining, infrastructure, mixed use and education sectors, under various delivery models (BOT, BTO, design & build etc.).
Since summer of 2017, Armughan has been advising his selected clientele in areas of planning, business process design & re-engineering (BPR), ERP change management & roll-outs and debt restructuring. Recently, he provided long-term advisory & design implementation support to the investment arm of a major Middle Eastern federal government. This project was part of Oracle Fusion roll-out across more than 100 commercial entities in areas of aviation, maritime, energy, aviation, industrial development and media, and included alignment of business & financial reporting processes to enable HoldCo Board of Directors real-time, online visibility on group’s results for dynamic & effective decision making.
Armughan is based in London, while supporting his clientele in Middle East and Pakistan. He is very fond of travelling.