Jawad Majid Khan, a seasoned financial sector professional joined Bank Makramah Limited (BML), formerly known as SMBL, as the President & Chief Executive Officer on March 26, 2021.
Prior to joining BML, he served as Director – Emaan Islamic Banking, Silk Bank Limited after moving from Dubai Islamic Bank Pakistan Limited as Group Head Distribution, Middle Markets & SME. A Graduate in Economics with Specialization in Development Economics and International Monetary Policy, from Quaid-e-Azam University, Islamabad; an alumnus of the Harvard Business School (HBS), Boston USA and National Defence University (NDU), Islamabad (National Security). He has also completed Director’s Certification from Lahore University of Management Sciences (LUMS). He holds the distinction of being the youngest Country/Group Head of a Commercial Bank in Pakistan with many milestones to his name in the banking industry in a span of about 23 years.
A pioneer in Islamic Banking in Pakistan his role was pivotal in establishing, conversion & successfully running three Islamic Banks in Pakistan – Alfalah Islamic Banking, Dubai Islamic Bank and Emaan Islamic Banking (Silkbank). The various initiatives have earned him and these organizations International/Regional recognition for products diversity and land mark transactions both on the Corporate & Consumer/Retail Banking under the ambit of Islamic Banking Industry.
He is also on the Board of Advisors for various think tanks and youth forums. He has been delivering lectures at National and International forums on Islamic Finance, Banking and SME/Retail Banking covering Pakistan & Regional Markets and has regular appearance on both National & International media On a philanthropic side, he is serving as Chairman, “AL-NASR” Trust, registered with the Government of Pakistan dealing with social development programs of Health, Education, Agriculture and Environmental Development in the Northern Areas of Pakistan.
Mr. Mehdi has over 40 years of experience and expertise in Financial Sector Corporate Sector, Investment & Development Banking, Branch Banking, and Capital Market as well as he has a vast experience in corporate governance, policy formulation and development, project appraisal implementation, monitoring & evaluation, restructuring and collaboration with international agencies.
He has a first class record in academic qualifications holds Master from Karachi University, Diploma in Banking (DAIBP) Institute of Banking in Pakistan, Obtained Second Position in order of merit, Bookkeeping & Accountancy Intermediate, London Chamber of Commerce.
He had worked with NDFC (financial Institution) as Chairman and in Senior positions, was looking after the entire Operational and Managerial activities of NDFC including Treasury, Banking, Branch Operation, Capital Market, IT, Loaning functions including appraisal implementation and recovery, Projects Finance, Admin & Human Recourses Divisions, was actively involved in computerization of NDFC working and operations, remained involved in process of Amalgamation / Merger of NDFC with NBP under section 47(B) of Banking Companies Ordinance 1962, Developed and implemented Severance Package for NDFC employees along with SBP, Finance Department GOP and World Bank.
Has also worked as Financial Advisor and Consultant for and on behalf of many groups, Mr. Mehdi has worked with the Honorable High Court of Sindh – Karachi for many years as “Member Finance” reporting directly to Honorable Chief Justice of Sindh.
Mr. Zafar Iqbal Siddiqi, a highly admired business professional possessing core expertise in Information Technology (IT) and Finance and had worked in various government authorities to name a few included the State Bank of Pakistan, the Federal Board of Revenue, the Pakistan Ordinance Factories where he was indigenously responsible to implement the automation and IT enabled processes within these government institutions. Based on his commendable performance, the Government of Pakistan was pleased to lend his services to International Monetary Fund (IMF) / World Bank (WB) for his off-shore deputations as Project Incharge / ICT Consultant / Project Manager for IT related banking reforms / business reforms, modernization and automation projects in Tanzania, Kenya, Zanzibar, South Africa, Ghana, Swaziland, Nepal and Bangladesh as WB/IMF funded projects.
Mr. Wajahat Ahmed Baqai, who served as a SEVP/Group Chief, Credit Management Group in National Bank of Pakistan (NBP), is a seasoned and top-performing banking professional accredited with managing various credit portfolios over the last 35 years possessing a diverse set of experience enriched with managerial, administrative and functional expertise where he held several leadership and strategy positions during his tenure at NBP.
Salaal Hasan is an accomplished entrepreneur, venture capitalist, and served on various boards with extensive expertise in technology investments and climate-focused AI solutions. He is the Founder & CEO of Ahya Technologies, a pioneering AI-powered climate software enture with operations across the Middle East. He also served as an independent Director and Chair of the Audit Committee at IGNITE, Pakistan’s National Technology Fund, and a Member of the Prime Minister of Pakistan’s Taskforce on FDI and Advisory Council on Digital & IT. Previously, he was the Director for Venture Capital at JS Group, Board Member and Chair, Digital Committee at JS Global Capital Limited, and an Investment Principal at Dubai International Capital. With a background in chemical engineering and business from the United Kingdom and executive education in Private Equity & Venture Capital from Stanford University, Salaal specializes in climate-tech, venture capital, and digital banking. His contributions to investment strategies, digital transformation, and economic policy make him a key player in Pakistan’s technology and finance sectors.
A seasoned finance executive, and Certified Board Director with over 27 years’ experience in investment banking, Islamic finance and private equity. Currently Nominee Director for IFC, and previously as Independent Director at Dubai Islamic Bank, her career spans four continents. Notable previous roles include CEO at Tell Group, Director of Emerging Markets Structuring & Global Islamic Finance at Deutsche Bank, and Managing Director at Khalij Islamic.
She was the first female board member at Dubai Islamic Bank, where she chaired the HR and Audit Committees and was a member of the IT Committee. Currently, she is Founder and CEO of Black Mountain Consulting offering specialized advisory services in structured finance across diverse sectors, consultancy for Family Offices, as well as practitioner led technical banking, DEI, ESG and leadership training programs. She is also a Founding Member of PlayBook, the #1 leadership platform for women.
Shabnam is a Chartered Management Accountant, holds an Executive MBA in Business Strategy & Transformation from Henley Management College and a BSc in Mathematics & Physics from University College London. She also holds certifications in Investments, Securities, Derivatives, Private Equity, ESG, and Leadership Effectiveness.
Shabnam has structured pioneering financial transactions and advised institutions such as MSCI, EFG Hermes, ADCB, RBS, Emirates NBD, Nakheel, PCFC, Natixis, Credit Suisse, and Goldman Sachs.
She received the Asian Women’s Leadership Award, is a regular speaker at global finance forums, and has been featured in Arab News as a pioneer in Islamic finance. Passionate about financial literacy, women’s empowerment, and ethical finance, she continues to shape the industry through thought leadership, governance, and impactful advisory work.
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