PBA Announces New Leadership with Expanded, More Inclusive Executive Committee
The Pakistan Banks Association (PBA) has elected a new 16-member Executive Committee, marking a significant step toward broader representation and inclusive governance within the banking industry. The newly constituted body includes two female members and representatives from eight newly inducted member banks, reflecting a strategic effort to enhance diversity and sector-wide participation.
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Zafar Masud Chosen as PBA Chairman as Association Strengthens Focus on Inclusion and Growth
Following the elections, the Executive Committee unanimously elected Mr. Zafar Masud, President and Chief Executive Officer of The Bank of Punjab, as Chairman of the PBA. In his remarks, Mr. Masud said the expanded and more diverse committee represents an important evolution in the Association’s governance framework. He emphasized that the strengthened composition would enable the PBA to more effectively support a National Economic Agenda, including bridging credit gaps in priority sectors, accelerating digital financial inclusion, and contributing to Pakistan’s sustainable economic recovery.
The new leadership team also includes Mr. Nassir Salim, President and Chief Executive Officer of Habib Bank Limited, as Senior Vice Chairman, and Mr. Yousaf Hussain, President and Chief Executive Officer of Faysal Bank Limited, as Vice Chairman. Mr. Nassir Salim underscored the need for resilience and robust compliance frameworks amid global economic challenges, while Mr. Yousaf Hussain stressed the importance of modernization, technology adoption, and agility to keep Pakistan’s banking sector innovative and regionally competitive.
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Commenting on the development, PBA CEO and Secretary General Mr. Muneer Kamal said the committee’s expansion, including the historic inclusion of female members, highlights the Association’s commitment to diversity and modern governance. Under the new leadership, the PBA aims to deepen engagement with the State Bank of Pakistan, the Ministry of Finance, and the Federal Government to support infrastructure development, expand private sector credit—particularly for agriculture and SMEs—and advance the country’s digital transformation agenda.
