ISLAMABAD, Nov 3 (APP): The President & Chief Executive Officer of the Export-Import Bank of Pakistan (EXIM Bank) Shahbaz H. Syed Monday reaffirmed his commitment to formulating sustainable financial solutions aimed at empowering Pakistani exporters in their global expansion and strengthening the country’s trade balance. During an all-hands session with senior management and staff at the EXIM Bank Head Office, he said “I am honored to have been appointed to …
President EXIM Bank expresses commitment to formulate sustainable financial solutions
ISLAMABAD, Nov 3 (APP): The President & Chief Executive Officer of the Export-Import Bank of Pakistan (EXIM Bank) Shahbaz H. Syed Monday reaffirmed his commitment to formulating sustainable financial solutions aimed at empowering Pakistani exporters in their global expansion and strengthening the country’s trade balance.
During an all-hands session with senior management and staff at the EXIM Bank Head Office, he said “I am honored to have been appointed to serve Pakistan by leading its official Export Credit Agency, the EXIM Bank of Pakistan”, said a press release.
He said that just as we all have an established belonging to Pakistan, we must all develop a similar belonging to this newly established institution and pursue the agency’s mission with the national spirit and resilience Pakistanis are known world over for and consider our service to this institution as an honour and matter of pride.
It is worth mentioning here that Shahbaz Syed is a Chartered Financial Analyst (CFA) and a Financial Risk Manager (FRM) with a distinguished career spanning over three decades in international trade finance, risk management, financial analysis & underwriting, investment banking, business development and more.
His senior leadership roles at Saudi EXIM Bank, Export Development Canada, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Islamic Development Bank (IsDB), to name a few, make him the perfect fit to structure and delivered innovative financing and insurance solutions across multiple sectors and geographies.
Shahbaz’s entrepreneurial ventures and leadership in FinTech and InsureTech further underscore his innovative approach to finance and trade facilitation. He has also been a key contributor in establishing & managing Shariah-compliant equity and real estate funds.
He has led enterprise-wide risk management initiatives and helped achieve top-tier institutional credit ratings for his previous employers.
Shahbaz last served as a Senior Executive Advisor/ DG at the Saudi EXIM Bank, and now with his expertise in political and credit risk insurance, project & trade finance, Islamic banking, and fund management, is well positioned to steer EXIM Bank of Pakistan, as the national Export Credit Agency, toward its mission of supporting Pakistan’s exporters and advancing the country’s international trade interests.
The Board and management of EXIM Bank have expressed their full support and confidence in Shahbaz’s leadership as he guides the institution into a new promising era.
