SBP clears Muhammad Nassir Salim as president, CEO of HBL

March 29, 2024 (MLN): The State Bank of Pakistan has conveyed its in-principle clearance of Muhammad Nassir Salim, as the President & CEO of Habib Bank Limited (PSX: HBL) vide its letter dated March 28, 2024, bank's filing on PSX revealed today.

To recall, Muhammad Nassir Salim assumed these roles after Muhammad Aurangzeb resigned from the position of President & Chief Executive Officer.

Nassir Salim has over 35 years of diversified experience in the banking industry both locally and internationally.

He has been part of HBL since 2017 and has been working as Chief Operating Officer since January 2024. He is also Chairman of the Board for HBL Currency Exchange.

Previously, he was Head of Global Operations for 3 years.

Before joining HBL, he worked in numerous financial institutions across the globe including as Head of Retail Operations for Abu Dhabi Islamic Bank (UAE) and Site President & Director for Treasury and Trade solution for Citi Bank (USA). He was also Chairman of the Board for NIFT.

He holds MBA in Finance from the Institute of Business Administration (IBA) along with a fellowship from the Institute of Bankers Pakistan (FIBP).

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