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Draft:Ifty Nasir

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Intro

​Ifty Nasir is a British entrepreneur and business leader, best known as the founder and CEO of Vestd, the UK's first and only FCA-regulated equity management platform [1] [2] [3]. With a career spanning over three decades, Nasir has held senior leadership roles in the global energy sector before transitioning into the technology and startup ecosystem [4] [5] [6].

Early Life and Education

Born in Bradford, England, Nasir was raised in a working-class immigrant family. Initially aspiring to become an architect, he developed a passion for chemistry, which led him to pursue a degree in chemistry and chemical engineering. He later enhanced his business acumen by attending the Stanford University Graduate School of Business[7] [8].

Career in the Energy Sector

Nasir began his professional journey at BP in 1988 as a Development Chemist. Over a 25-year tenure, he ascended through various roles, including Commercial Manager, Projects Director for Acquisitions & Divestments, and Vice President of Group Business Development. His work spanned multiple regions, including Africa, the Middle East, Russia, and the Caspian[9][10]. In 2008, Nasir joined Essar Energy, where he served as Executive Director and later as CEO of Essar Energy's Exploration & Production division. During his time at Essar, he was instrumental in steering the company's strategic growth and operational excellence[11] [12].

Entrepreneurial Ventures

In 2014, Nasir co-founded Vestd with Naveed Akram. Vestd was established to simplify the process of equity distribution within companies, aiming to promote loyalty, commitment, and collaboration among stakeholders[13]

Advocacy and Philosophy

A strong proponent of the Ownership Effect [14] [15], Nasir believes that when employees have a stake in the company, it leads to increased motivation and better business outcomes. He has been vocal about the importance of democratizing equity ownership and has worked towards making share schemes accessible to a broader range of businesses[16] [17] [18][19].

Personal Life

Nasir is known for his commitment to family and often speaks about the importance of work-life balance [20] [21]. He attributes his decision to transition from the corporate world to entrepreneurship partly to the desire for a more balanced lifestyle[22] [23]. ​

External Links

www.vestd.com https://www.linkedin.com/in/ifty-nasir-9686139/

References

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  1. ^ "Ifty Nasir".
  2. ^ "For richer, for poorer: The rise of the co-founder pre-nup". 28 July 2023.
  3. ^ "Meet Ifty Nasir, founder and CEO of Vestd". 30 January 2023.
  4. ^ "The Journey of Former BP Executive, Ifty Nasir, Revolutionizing Equity Management with Vestd". YouTube. 27 May 2024.
  5. ^ https://www.linkedin.com/in/ifty-nasir-9686139/
  6. ^ "House of Commons Hansard Debates for 26 Apr 2011 (Pt 0003)".
  7. ^ "From Aspiring Architect to Equity Pioneer w/ Ifty Nasir | Vestd | the BAE HQ".
  8. ^ "Iftikhar Nasir | World Economic Forum".
  9. ^ "Ifty Nasir".
  10. ^ "Iftikhar Nasir | World Economic Forum".
  11. ^ "Ifty Nasir".
  12. ^ "Ifty Nasir - LinkedIn, Twitter".
  13. ^ "Learn all about us".
  14. ^ "Men still twice as likely to be allocated company shares".
  15. ^ "Vague Promises Destroy Startups!' the Measurable Method to Share Scheme Success – Ifty Nasir". 30 June 2021.
  16. ^ https://justentrepreneurs.co.uk/meet-the-founders-interview-series/meet-ifty-nasir-founder-and-ceo-of-vestd#:~:text=The%20thinking%20behind%20this%20is,to%20share%20in%20the%20success
  17. ^ "Driving Company Growth with Digital Share Schemes". 4 June 2021.
  18. ^ "49: The Power of the Ownership Effect" in business – a conversation with Ifty Nasir, CEO of Vestd Equity Management platform". Spotify.
  19. ^ "Roar Meets: Ifty Nasir, CEO of Vestd".
  20. ^ ""There are no medals for staying late" Ifty Nasir on modern male leadership". 10 November 2021.
  21. ^ "How to grow a business with tech and people | Ifty Nasir posted on the topic | LinkedIn".
  22. ^ "Meet Ifty Nasir, founder and CEO of Vestd". 30 January 2023.
  23. ^ "The Journey of Former BP Executive, Ifty Nasir, Revolutionizing Equity Management with Vestd - Livecast X - Webflow Ecommerce website template".