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Ca Akif Siddiqui
Partner, PwC National Insurance Audit Leader
Ca Akif Siddiqui is a member of the Institute of Chartered Accountants of Ontario, Canada and Pakistan with 14 years of experience in assurance and advisory services across Pakistan, United Arab Emirates, and Canada.
He joined the Karachi, Pakistan office in 1997 and later moved to Toronto in 2002, specializing in serving property and casualty insurance companies, as well as clients in banking, investment management, life insurance, and reinsurance industries.
His vast clientele includes prominent companies like Fairfax Financial, Aviva Canada, Northbridge Financial, AGF Management, ACE INA Canada, AIG Canada, Everest Reinsurance, Lombard Canada, First Canadian Title Group, Zurich Insurance, Old Republic, Cigna Life and Health, and Reliable Life.
Akif's expertise lies in understanding insurance products and their accounting treatment under IFRS. He leads audits, reviews accounting systems tailored for insurance products, assesses internal control operations, and ensures transaction recordings comply with accounting standards. Additionally, he audits regulatory reporting for his clients.
His experience extends to Islamic financial services, particularly in Takaful (Insurance) companies. Akif managed the audit and reviewed accounting systems for a newly incorporated Islamic Takaful company, overseeing the distribution of income between participants and shareholders.
Akif Siddiqui holds a Bachelor of Commerce (BCom) from Karachi University and is a Chartered Accountant from the Institute of Chartered Accountants of Pakistan. He also pursued ACMA from the Institute of Cost and Management Accountants of Pakistan and completed his CPA, CA from Chartered Professional Accountants of Canada (CPA Canada). Moreover, he attended Bai Virbaiji Sopariwala Parsi High School.
Currently, Akif is a Partner at PricewaterhouseCoopers, having previously held roles as Senior Manager AAG at PricewaterhouseCoopers, Executive Manager at Ernst & Young, and Manager at PricewaterhouseCoopers and Pricewaterhouse Coopers Pakistan.