The Board of Habib Bank Limited (HBL) has appointed Muhammad Aurangzeb as its President and CEO.
According to a letter issued by HBL’s company secretary to the Pakistan Stock Exchange on Thursday, the appointment is “subject to approval of the Fit and Proper Test by the State Bank of Pakistan.”
Aurangzeb is a “respected and seasoned banker with more than 30 years of diverse experience with leading global banks in Pakistan and overseas.”
Aurangzeb started his career with Citibank in Pakistan and New York. He then joined ABN AMRO Bank in a senior leadership role, rising to the position of Country Manager in Pakistan.
Prior to joining HBL, he held senior-level regional and global positions at ABN AMRO Amsterdam, RBS Singapore and JP Morgan.
The bank’s former president and CEO, Nauman Dar, retired on December 31.
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