President & CEO, The Bank of Punjab
Zafar Masud is a development- and impact-focused banker with around 30 years of experience spanning banking, development finance, energy, corporate governance, and public-sector transformation. He currently serves as President & CEO of The Bank of Punjab, Pakistan’s second-largest public sector bank, and as Chairman of the Pakistan Banks Association (PBA). Under his leadership, BOP has undergone a comprehensive transformation, embedding digital capabilities, strengthening governance, and doubling deposits, advances, and profitability.
Mr. Masud has held senior leadership positions in multinational banks including American Express Bank, Citigroup, Dubai Islamic Bank, and Barclays (Southern Africa). He served on the Board of the State Bank of Pakistan and was Director General of National Savings, where he led digital transformation and introduced welfare and Shariah-compliant products. He was also the Founding CEO (Interim) of InfraZamin Pakistan, a pioneering credit enhancement platform for social infrastructure financing.
He is Non-Executive Chairman of Oil & Gas Development Company Limited and has contributed to multiple national institutions, including universities, economic committees, and social-impact programs. An MBA from IBA Karachi and alumnus of INSEAD, Mr. Masud is an established thought leader and author of two books on leadership and economic reform.