Saeed, who had a successful tour of India recently, won the PCB best bowler awards for all three formats of the game but missed out on the prestigious cricketer of the year award.
Opener Nasir Jamshed followed with two awards, including the PCB T20 and ODI batsman of the year while Azhar Ali was declared Test batsman of the year.
The left handed opener recently had a triumphant tour of India scoring back to back hundreds in the one-day series.
This is the first time the PCB has organized annual awards and Chairman, Zaka Ashraf said they would now be a permanent feature.
"The aim is to encourage and recognize the stellar performers of the year in Pakistan cricket and to reward them accordingly so that they have incentive to further excel in their fields," Ashraf said at the awards ceremony.
Dave Richardson, the chief executive of the International Cricket Council also attended the ceremony in Lahore on the invitation of the Pakistan board.
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Richardson gave away the lifetime achievement awards to two former captains and greats, Hanif Muhammad and Imtiaz Ahmed.
The board interestingly didn't invite the media to cover the event insisting that the rights for the entire ceremony had been brought exclusively by a Dubai based sports channel.
Awards were given in 18 different categories with Sana Mir winning best women cricketer of the year award, Junaid Khan the PCB emerging player of the year award, Ahsan Raza the PCB umpire of the year award while they were also awards for best deaf and blind cricketers of the year and best curator as well.
Ajmal has also won a special prize for best bowler of the year from the PCB at the awards ceremony carrying a cash prize of 1.5 million rupees. The rest of the awards carry cash prize of 200,000 rupees each.