PBA Office Bearers & Management

President & CEO, The Bank of Punjab

Zafar Masud is a Pakistani banker, thought-leader, public-policy figure, philanthropist and an author with over three decades of leadership across development finance, energy, and corporate governance.

He is President & CEO of The Bank of Punjab, the largest priority-sector financing bank in Pakistan with an US$ 9 billion balance sheet and more than 15,000 employees. Since taking charge in April 2020, he has led a transformation that has more than doubled the bank’s deposits, lending, and profits, and repositioned it around digital banking, strong governance, and a culture built on empathy and compassion. The Bank is the number one Digital Lender, Credit Card Issuer, SME, Agriculture, Low-cost Housing and women-entrepreneurship financing in Pakistan.

He also serves as non-executive Chairman of Oil & Gas Development Company (OGDC), Pakistan’s largest listed entity and listed on the London Stock Exchange with current production of over 40,000 BPD oil & 650 MMSCFD gas, with ~50% of the market share and booked proven + probable reserves of ~755 MMBOE (worth roughly US $8–11 billion on an NPV basis) with large unexplored, unbooked acreage covering 40% of Pakistan’s exploration area.

He is the elected Chairman of the Pakistan Banks Association and Chairman of the Zafar Masud Foundation, and convened country’s largest interest-free lending priority sector programmes.

Earlier, he held senior roles at American Express, Citigroup, Dubai Islamic Bank, and Barclays — where he served as Regional Managing Director for Southern Africa. He joined the Board of the State Bank of Pakistan in 2013, including a seat on its constitutionally independent Monetary Policy Committee. From 2016 to 2018, as Director General of National Savings, he led the agency’s first digital overhaul with support from the Gates Foundation, FCDO, USAID, and the World Bank, and launched dedicated savings schemes for people with disabilities, the families of martyrs, and overseas Pakistanis. He served as founding CEO of InfraZamin Pakistan, country’s first private-sector creditenhancement company for social infrastructure.

He sits on boards and committees spanning energy, ports & aviation, education & economic thinktanks, and the arts — including Pakistan Airports Authority, RAAST Payments, Islamabad Policy Research Institute, National Institute of Banking & Finance, National Academy of Performing Arts, Aitchison College Endowment Fund, The Pakistan Initiative (TPI) at Harvard (USA), Open London (UK), Institute of Directors (UK), INSEAD National Alumni Association (France), and Prime Minister’s Committee on Homegrown Economic Transformation.

He holds an MBA in Banking from IBA Karachi (1993) and a qualification in Corporate Governance from INSEAD, Fontainebleau. In 2021, he received Hungary’s highest civil award for championing the restoration of 175-year-old subcontinental paintings by the Hungarian artist August Schoefft. He has been honoured with French Alumni Excellency Award, Distinguished Formanite Award, and Honorary PhD by Greenwich University. He is the only figure from outside the Western hemisphere featured in Scott Miller’s Master Mentors: 30 Transformative Insights from the Greatest Minds, Volume 2.

A regular commentator in Pakistani and international media on banking, economics, and energy, he is the author of “Out of the Box”, collections of his newspaper essays. In May 2020, he was one of only two survivors of the PK-8303 plane crash in Karachi. That experience became the subject of his international bestseller “Seat 1C: A Survivor’s Tale of Hope, Resilience and Renewal (2025)” — now translated into Spanish, with French, Urdu and Sindhi editions forthcoming — and is currently working on the companion booklet “In the Courtroom of the Self: 30 Seconds Life Before Death”.

President & CEO, Faysal Bank Limited

Yousaf Hussain is President & CEO of Faysal Bank Limited, with over 30 years of experience in banking and finance, having held senior roles at ABN AMRO, Samba Bank, Mashreq Bank-UAE, and Mobilink. He joined Faysal Bank in 2008 and has been instrumental in driving the Bank’s transformation and growth.

Under his leadership, Faysal Bank transitioned from a conventional bank into one of Pakistan’s leading Islamic banks. He introduced innovative Islamic products and enhanced operational efficiency through a customer-focused, technology-driven approach. This large-scale conversion was recognized by the Islamic International Rating Agency (IIRA) as the world’s largest Islamic banking conversion, reflecting his pivotal role in reshaping Pakistan’s banking landscape.

He currently serves as Vice Chairman of the Pakistan Banks Association (PBA) and has previously served as Senior Vice Chairman. He is also President of the Overseas Investors Chamber of Commerce & Industry (OICCI), a Council Member at the National Institute of Banking & Finance (NIBAF), and a Director at the Pakistan Business Council (PBC), while contributing to IBA’s Centre for Excellence in Islamic Finance.

Mr. Hussain holds a BS in Electrical Engineering (Telecommunications) and an MBA from LUMS. He is recognized for promoting diversity, inclusion, and CSR, with a focus on education, health, and environmental sustainability.

President & CEO, Habib Bank Limited

Muhammad Nassir Salim serves as President & CEO of HBL, bringing over 36 years of international and domestic banking experience across the USA, Abu Dhabi, and Pakistan. He has held senior leadership roles at American Express Bank, Citigroup, and Abu Dhabi Islamic Bank, and is recognized for guiding large, complex financial institutions through periods of transformation.

Mr. Salim joined HBL in 2017, serving as Head of Global Operations, Head of Branch and Islamic Banking, and Chief Operating Officer before assuming the role of President & CEO in March 2024. Under his leadership, HBL continues to advance financial inclusion, digital transformation, SME and agriculture financing, and sustainability, while maintaining a strong focus on customer-centricity and operational excellence.

Beyond HBL, he serves on the Executive Committee of the Pakistan Banks Association (PBA) as Senior Vice Chairman and is a Director on the Board of HBL Zarai Services Limited. He has also held key positions including Director at the Central Depository Company of Pakistan Limited and Chairman of HBL Currency Exchange.

Mr. Salim holds an MBA in Finance from IBA Karachi, receiving the Finance Gold Medal and the IBA Distinction Award 2024, and is a Fellow of the Institute of Bankers Pakistan (IBP). His leadership reflects a commitment to innovation, growth, and strengthening Pakistan’s financial sector.