Akif Siddiqui
Partner, PricewaterhouseCoopers LLP

Akif is a member of both the Institute of Chartered Accountants of Ontario, Canada and Pakistan and a partner in our Insurance Audit & Assurance Group. Akif brings diversified experience from 19 years working in assurance and advisory services in Pakistan, United Arab Emirates and Canada.

Akif joined our Karachi, Pakistan office in 1997 and moved to Toronto in 2002. He has a Bachelor of Commerce degree from the University of Karachi and is also a member of the Institute of Cost and Management Accountants of Pakistan. He has extensive experience in serving property and casualty insurance companies as well as clients in the banking, investment management, life insurance, and reinsurance industries.

Akif’s current and past clients include Aviva, Chubb Canada, AIG Canada, Echelon, Everest Reinsurance, Fairfax Financial, Northbridge Financial, First Canadian Title, Zurich Insurance, Old Republic, Cigna Life and Reliable Life.

As part of these audits, Akif has developed a strong understanding of his clients Insurance products and their accounting treatment under IFRS. Along with the responsibility of managing audits, Akif has reviewed accounting systems designed specifically for insurance products, considering the design and operation of the internal controls and recording of these transactions to comply with accounting standards. He also has experience in auditing various regulatory reports for his clients. As well as having a detailed knowledge of the key business and reporting issues facing insurers, Akif is experienced in IFRS and is currently working on IFRS conversions in Canada.

He is also experienced in Islamic financial services products including Takaful (Insurance) companies. He has recently worked on a recently incorporated Islamic Takaful company, where he was responsible for the audit as well as reviewing the newly established accounting systems and distribution of income between the participants and shareholders.

Akif is actively involved in charitable and community causes through his role as president of the Pakistani Professional Forum and director for The Citizen’s Foundation, Canada and Altruvest Charitable Services, Canada (BoardMatch).

Sponsors Deutsche Insurance Asset Management Deloitte TD Securities TD Ernst & Young PWC