Bank Islami Pakistan Ltd
Mr. Lalani is presently the Group President of Jahangir Siddiqui & Co. Limited (“JSCL”).
Before his elevation to the position of Group President, he served as Vice-Chairman for brief period and before that he served JSCL as its Chief Executive Officer for more than a decade. Prior to joining JSCL, he was Executive Director Finance & Operations and Company Secretary of JS Investments Limited where he served as CFO and Company Secretary for seven years.
Mr. Lalani had started his career with JSCL in 1992 where he worked for over eight years. In year 2000 he was promoted to the position of Chief Operating Officer of Jahangir Siddiqui Investment Bank Limited, a subsidiary of JSCL. In January 2002 he joined The First Micro Finance Bank Limited as its Chief Financial Officer and Company Secretary.
Mr. Lalani is a Fellow member of the Institute of Chartered Accountants of Pakistan and has more than 30 years of experience in the financial services sector. He has also completed the Board Development Series Certificate Program conducted by the Pakistan Institute of Corporate Governance.
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Bank Islami Pakistan Ltd
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BankIslami Pakistan Limited is engaged in carrying out the business of an Islamic Commercial Bank. The Bank's segments include Trading and sales, which include equity, foreign exchanges, commodities, credit, funding, own position securities, placements and Islamic financing and related assets; Retail Banking, which includes retail Islamic financing and related assets, deposits and banking services offered to its retail customers and small and medium enterprises; Commercial banking, which includes project finance, export finance, trade finance, Ijarah, guarantees and bills of exchange relating to its corporate customers, and support center. The Bank provides financing mainly through Murabahah, Ijarah, Istisna, Diminishing Musharakah, Muswammah and other Islamic modes. The Bank operates through over 317 branches, including approximately 120 sub branches.