Senior Banker Abbas D Habib, CEO of Bank Al-Habib has been appointed as the Chairman for the same after resigning from his previous post.
State Bank of Pakistan (SBP) has accepted his appointment as chairman of the bank as proposed by the Board of Directors earlier. Habib will continue to shape the strategy and procedures of the bank in the future.
Abbas D. Habib has over 40 years’ commercial, industrial and banking experience in the local and international environment.
He has held senior management positions with various organizations of the Habib Group and earned international banking experience while working with Habibsons Bank Limited, London, as Regional Director and later as Executive Director. Upon the inception of Bank AL Habib, he became its Director and Joint Managing Director.
Mansoor Ali Khan has been appointed as Chief Executive Officer (CEO) of Bank Al-Habib Limited in the place of Abbas D Habib, who will presume his office from November 01, 2016.
According to bank official statement to its shareholders, the Board of Directors has upheld the Chief Operating Officer of Bank Al-Habib Ltd after retirement of Abbas D Habib from the bank as CEO.