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Draft:Ifty Nasir

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Intro

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​Ifty Nasir is a British entrepreneur and business leader. He is the founder and CEO of Vestd, the sharetech platform. [1][2] Nasir held senior leadership roles in the global energy sector before transitioning into the technology and startup ecosystem.[3][4][5]

Early Life and Education

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Nasir was born in Bradford, England and is a graduate of Stanford University Graduate School of Business.[6][7]

Career in the Energy Sector

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Nasir started working for BP in 1988 as a Development Chemist and in 2006, became Vice President of Group Business Development. His work spanned multiple regions, including Africa, the Middle East, Russia, and the Caspian.[8][9] In 2008, Nasir joined Essar Energy, where he served as Executive Director and was later CEO of Essar Energy's Exploration & Production division.[10][11]

Entrepreneurial Ventures

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In 2014, Nasir co-founded Vestd with Naveed Akram. Vestd was established to simplify equity sharing within companies, aiming to promote team loyalty, commitment, and collaboration among stakeholders.[12]

Advocacy and Philosophy

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Nasir is an advocate of the 'Ownership Effect',[13][14] and believes that when employees have a stake in the company, it leads to increased motivation and better business outcomes. He has been vocal about democratizing equity ownership and has worked towards making share schemes accessible to a broader range of businesses.[15][16][17][18]

Personal Life

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Nasir has spoken about the importance of work-life balance.[19][20] He attributes his decision to transition from the corporate world to entrepreneurship partly to the desire for a more balanced lifestyle.[21][22]

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References

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  1. ^ "Ifty Nasir". startupsmagazine.co.uk. Startups Magazine.
  2. ^ Prevett, Hannah. "For richer, for poorer: the rise of the co-founder pre-nup". The Times.
  3. ^ Florin, Biro (27 May 2024). "The Journey of Former BP Executive, Ifty Nasir, Revolutionizing Equity Management with Vestd". Youtube. Misfit Founders.
  4. ^ Nasir, Ifty. "Ifty Nasir, Linkedin Profile". Linkedin.
  5. ^ "House of Commons Hansard Debates for 26 April 2011 (Pt 0003)". Hansard. Hansard (UK Government).
  6. ^ "From Aspiring Architect to Equity Pioneer". thebaehq.com. The BAE (British Asian Entrepreneur) HQ.
  7. ^ "Iftikhar Nasir profile". weforum.org. World Economic Forum.
  8. ^ "Ifty Nasir profile". thebaehq.com. The BAE (British Asian Entrepreneur) HQ.
  9. ^ "Ifty Nasir Profile". weforum.org. World Economic Forum.
  10. ^ "Ifty Nasir profile". thebaehq.com. The BAE (British Asian Entrepreneur) HQ.
  11. ^ "Ifty Nasir, Founder and CEO at Vestd". clay.earth.
  12. ^ "Learn all about us". Vestd.com. Vestd.
  13. ^ Wood, Anna. "Men still twice as likely to be allocated company shares". startupsmagazine.co.uk. Startups Magazine.
  14. ^ "Vague promises destroy startups! The measurable method to share scheme success". founderat.com. FounderAt. 30 June 2021.
  15. ^ "Meet the founders interview series: Meet Ifty Nasir". justentrepreneurs.co.uk. Just Entrepreneurs Magazine.
  16. ^ "Driving Company Growth with Digital Share Schemes". boardroomadvisors.co. Boardroom Advisors. 4 June 2021.
  17. ^ "The power of the ownership effect in business - a conversation with Ifty Nasir". Spotify.com. Gritty Leaders Podcast.
  18. ^ "Roar meets Vestd CEO Ifty Nasir". roar.training. Roar Training.
  19. ^ "There are no medals for staying late. Ifty Nasir on modern male leadership". globalbankingandfinance.com. Global Banking and Finance. 10 November 2021.
  20. ^ "Post for 'World Entrepreneurs Day'". linkedin.com. Linkedin.
  21. ^ "Meet the founders interview series: Ifty Nasir, founder and CEO of Vestd". justentrepreneurs.co.uk. Just Entrepreneurs Magazine. 30 January 2023.
  22. ^ "The journey of Former BP Executive, Ifty Nasir, Revolutionizing Equity Management with Vestd". mf.show. Misfit Founders.