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Ziad H Rawashdeh, Chairman, Faysal Bank has appointed Naved A Khan as a President & CEO of Faysal bank. Naved has 23-year of work experience in the various senior management positions in Corporate and Investment banking.
In his role as President & CEO of Faysal Bank, Naved will be responsible for leading the bank's growth plans in Pakistan, including launching of new initiatives in the areas of product development, system and structures and network growth.
Prior to joining Faysal Bank, Naved was CEO of ABN Amro Bank since 2001 and was instrumental in developing and expanding Pakistan Franchise. He also led ABN Amro's acquisition of Prime Bank in 2007 followed by successful integration of both the entities. Before moving into his role as CEO at ABN Amro, he was heading Corporate & Investment Banking at ABN Amro since 1998.
Naved started his banking career with Bank of America in 1987 and held various positions with the bank in Karachi, Lahore and Islamabad managing key corporate and government relationships.
Naved also held the position of Chairman, Pakistan Banks Association for two terms for the years 2006 and 2007, and he is also board member for various public sector entities. Faysal Bank is one of fastest growing banks in the country presently operating with 105 branches in 28 cities across Pakistan with a total asset base of PKR 141 billion.
It is a full service banking institution offering consumer, corporate and investment banking facilities to its customers. The majority share holding of Faysal Bank is held by Ithmaar Bank BSC, an investment bank listed in Bahrain.

Copyright Business Recorder, 2008

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