HBL President & CEO Aurangzeb visits Bangladesh on Nov 22-23


Muhammad Aurangzeb, President & CEO of Habib Bank Limited, a seasoned banker with over 30 years of experience, will visit Dhaka on November 22-23.


During his visit he will engage with government, regulatory bodies, clients and partners to focus on technology-driven, client-centric banking solutions and foster foreign direct investment in the country, said a media release on Saturday.


Faisal Lalani, Head of International Banking – HBL, will accompany him.


HBL, a bank of regional relevance with operations spread across multiple geographies, has been serving clients in Bangladesh for more than 45 years.


Aurangzeb joined HBL on 30 April 2018 as the President & CEO.


Prior to this responsibility at HBL, Aurangzeb was the CEO for JP Morgan’s Global Corporate Bank based in Asia, with a rich international banking experience of over 30 years in other senior management roles at ABN AMRO and RBS based in Amsterdam and Singapore.


He received his BS and MBA degrees from the Wharton School (University of Pennsylvania).


During his meetings with key stakeholders in Bangladesh, Aurangzeb will draw attention to the fact that HBL Bangladesh offers RMB/CNY (Renminbi) denominated account to its respected clients and how HBL’s presence in China is enabling the bank to conduct business with state-owned firms and prominent financial institutions in China.


HBL will continue to play its part in the transformation of the banking system in Bangladesh, consistent with its vision of becoming a technology company with a banking licence.


The Aga Khan Fund for Economic Development (AKFED) owns 51% shareholding and the management control of HBL while the remaining shareholding is held by individuals, local and foreign institutions and funds including CDC Group Plc and International Finance Corporation.


Source: United News of Bangladesh