Bank Islami Pakistan Ltd
Usman Shahid currently serves as the Chief Risk Officer at BankIslami Pakistan Limited, the second-largest Islamic bank in Pakistan, since July 2021. Usman has a distinguished career at the National Bank of Pakistan, where roles included SEVP/Group Head of the Asset Recovery Group and SEVP/Group Chief of the Credit Management Group from March 2008 to July 2021. Usman is recognized for successfully reviving underperforming departments and adapting to critical roles requiring a shift in mindset. Usman holds an MBA from the University of Bristol.
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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.