The Export-Import Bank of Pakistan has appointed Shahbaz H. Syed, an international finance professional with over three decades of experience, as its new President and CEO to spearhead the nation”s efforts in supporting exporters and advancing its global trade interests.
Mr. Syed, a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM), brings extensive expertise from senior leadership roles at prominent institutions including Saudi EXIM Bank, Export Development Canada, and the Islamic Development Bank (IsDB) group.
His professional background encompasses a wide array of specializations, from international trade finance and risk management to investment banking and business development. He is also noted for his entrepreneurial work in FinTech and InsureTech, as well as for establishing and managing Shariah-compliant funds.
As the former Senior Executive Advisor at the Saudi EXIM Bank, Mr. Syed’s proficiency in political and credit risk insurance is expected to be pivotal in his new role at Pakistan’s official Export Credit Agency.
In his welcome address, the incoming chief expressed his dedication to the task ahead. “I am honoured to have been appointed to serve Pakistan… and look forward to developing sustainable financial solutions with Team EXIM, which will empower Pakistani exporters in their global expansion, and contribute towards a positive trade balance,” he stated.
Addressing the institution”s staff, Mr. Syed called for a renewed sense of purpose and national pride. He urged them to “pursue the agency’s mission with the national spirit and resilience Pakistanis are known world over for, and consider our service to this institution as an honour and matter of pride.’
The Board and management of EXIM Bank have expressed their full support and confidence in Mr. Syed’s leadership as he prepares to guide the institution into a new era.