PM approves extension in the term of NBP’s President, CEO

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MG News | February 11, 2022 at 11:50 PM GMT+05:00

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February 11, 2022 (MLN) Prime Minister Imran Khan has approved the extension in the term of Mr Arif Usmani as President and Chief Executive Officer (CEO) of National Bank of Pakistan (NBP), said a notification issued by Prime Minister’s office on Friday.

Mr Arif Usmani had taken the charge as the President and CEO of NBP for a term of three years in February 2019.

He started his career with Citi Pakistan in 1981 in the Corporate Banking Group and since then held a number of positions with the company. 

From 1989 to 1994, he was on deputation from Citi with Saudi Arabia’s second-largest bank SAMBA in Riyadh within the Corporate Banking business. In 1994, Mr Usmani relocated to the Asia Pacific region, where for five years he held a number of critical positions in different countries including Hong Kong and Singapore. 

In 2003, Mr Usmani moved back to Samba Financial Group as the Chief Risk Officer and in 2008 re-joined the Citi franchise in Pakistan as CEO.

Mr Usmani left Citi in 2012 and was appointed as Group Head for Wholesale Banking at Abu Dhabi Islamic Bank in Abu Dhabi for five years. In 2017, Mr Usmani joined Mashreq Bank in Dubai as Chief Risk Officer which was his last assignment before moving to NBP.

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