Karachi (Web Desk): Habib Bank Limited (HBL) has approved the appointment of Muhammad Aurangzeb as its new president and chief executive officer (CEO).
HBL has submitted the requisite application to the SBP.
Aurangzeb’s appointment is subject to approval of the Fit and Proper Test (FPT) by the State Bank of Pakistan (SBP).
He is a graduate of the Wharton School, University of Pennsylvania from where he received a Bachelor’s degree in Science and Economics as well as an MBA.
Aurangzeb is a seasoned banker with more than 30 years of diverse experience at leading global banks in Pakistan and overseas. He is currently CEO Global Corporate Bank, Asia Pacific at JP Morgan.
Aurangzeb started his career with Citibank, first in Pakistan and later in New York. He then joined ABN AMRO Bank in a senior leadership role, rising to the position of the country manager in Pakistan. He has since held senior level regional and global positions in ABN AMRO Amsterdam, RBS Singapore and, since 2011, with JP Morgan.