Ahmed Khizer Khan has joined Burj Bank as the President and CEO. His last assignment was as Chief Operating Officer of ICD (Islamic Corporation for Development of the Private Sector), Jeddah. ICD is one of the two main sponsors of Burj Bank and is a group company of Islamic Development Bank (IDB), Jeddah. ICD has played a critical role in the recent transformation process at Burj Bank.
Prior to joining ICD, Khizer was the Chief Executive of Barclays Global Retail and Commercial Banking, UAE from 2006 to 2010. He was associated with Citigroup from 1997 to 2006 in various senior level assignments including Country Business Manager, Pakistan and Managing Director Operations and Technology, Central Europe.
His induction reflects the increased confidence of the Middle Eastern investors in Burj Bank and in Pakistan's Islamic Banking sector. Khizer who held a regional and international role at the ICD will now be focusing his efforts on Burj Bank Limited. While addressing the senior management team, Khizer stated "Burj Bank has been established as a very strong consumer brand over the past few months. The bank has taken leadership in the awareness drive for Islamic Banking in Pakistan and has strongly benefited from the initiatives taken. The performance of our business units and a focused management strategy reflects the bright future of this organisation. The investors have shown great confidence in the Institution and we plan to grow our outreach extensively in the years to come. Inshallah, with the strength of our current team, we will soon make Burj Bank the Islamic Bank of choice in Pakistan."-PR