Karandaaz Pakistan appoints Salim Raza on BoDs

Karandaaz Pakistan announced the appointment of ex-Governor State Bank of Pakistan Salim Raza on its Board of Directors. Salim Raza has over 40 years of experience in the banking and financial sector. Raza held the position of the 15th Governor of the State Bank of Pakistan (SBP) after having worked in international banking for 36 years.

His business experience covers credit and corporate finance, real estate, and global asset management. He has also been the CEO of Pakistan Business Council (PBC), says a press release issued, here on Wednesday.

During his tenure at SBP and his association with PBC many innovative initiatives were introduced to assist deepening of debt Capital markets, broadening financial inclusion, increasing access to credit for the agricultural and SME sectors, reforming and improving efficiency within the banking sector, and advancing the cause of economic empowerment.

Prior to that, Salim Raza held various positions at Citibank NA in Pakistan and abroad and served as Country and Regional Head for Citibank across various geographies in the Middle East, Asia, Africa, the UK, Central and Eastern Europe.

In September 2018, Salim Raza was appointed to the Prime Minister of Pakistan’s Economic Advisory Council as a member representing private sector. Salim Raza holds a combined BA and MA degree from Oxford University where he studied Politics, Philosophy and Economics at Oriel College. He currently serves on the Boards of Habib Bank Limited, International Industries Limited, and Planet N Group.