Board of Directors

Dr. Shujaat Nadeem

Dr. Shujaat Nadeem is Deputy CEO for Business of Samba Financial Group. He joined the Board in 2007 as Non-Executive Director and was appointed Chairman in 2013. He also serves as the Chairman of Samba Global Markets and holds the positions of the Group Treasurer and a member of the Group Management Committee for Samba Financial Group, Saudi Arabia (SFG).

He is directly responsible for managing SFG’s proprietary investment portfolio invested globally across all asset classes and holds business responsibility for all Global Markets activities across the bank. In additions to these positions Dr. Nadeem serves on several boards and senior committees in the bank and his career before Samba was with Citigroup where he held senior positions in US and UK.

Dr. Nadeem did his undergraduate and graduate degrees from USA. He holds a Ph.D., MSc. and BSc. from Massachusetts Institute of Technology (MIT).

Mr. Humayun Murad

Mr. Humayun Murad carries the professional experience of four decades in Pakistan and the UK mainly in the equipment leasing and financial sectors.

Mr. Murad has been associated with ORIX Leasing Pakistan Limited (OLP) since its inception. In addition to being Chief Executive of OLP, Mr. Murad also holds the position of General Manager, Middle East and north Africa Region, in ORIX Corporation and is on the Boards of Oman ORIX Leasing Company, Saudi ORIX Leasing Company, ORIX Leasing Egypt SAE, MAF ORIX Finance PJSC, BTA ORIX Leasing JSC and ORIX Investment Bank Pakistan Limited, at present he is an Advisor on the Board of Al- Hail Orix Holding.

He has been awarded Sitara-e-Imtiaz by the Government of Pakistan in 2007, for services to Pakistan’s leasing industry.

Mr. Murad is an FCA of the Institutes of Chartered Accountants in England and Wales and Pakistan. He earned a Bachelor of Arts degree in Economics from Punjab University in 1968.

Mr. Arjumand Ahmed Minai

Mr. Arjumand Ahmed Minai joined SBL Board in December 2017 as an Independent Director. He has over 42 years of varied experience in the UK and Pakistan with major MNCs engaged in Manufacturing, Banking, Non-Banking Finance, Audit, Information Technology, and Management Consultancy.

Mr. Minai has served for over 12 years, on the Boards of listed companies in the Pharmaceutical and Financial Industry. He is currently serving on the Board of Marie Stopes Pakistan as Director and Chairman Audit Committee. He is also a visiting faculty at the Pakistan Institute of Corporate Governance, and a Volunteer for raising funds for the professional education of the underprivileged youth of Pakistan.                  

Mr. Minai was with the Standard Chartered Group for about ten years, where he served as the Chief Executive Officer Standard Chartered Leasing Ltd., as Head of Islamic Banking & Strategic Projects of Standard Chartered Bank (Pakistan) and Managing Director Standard Chartered Modaraba. He also worked as Chief Financial Officer of Union Bank.                                                                                                                                                                                                                                                                                                                             Mr. Minai is a Fellow of the Chartered Association of Certified Accountant, UK. He holds a bachelor's degree in Commerce from Pakistan. Major areas of his expertise include Finance & Accounting, Audit, Corporate Governance, General Management, Corporate Planning, H.R. Management, LT. Management, Company Secretary, Productivity Enhancement and Change Management.

Ms. Ranya Nashar

Ms. Ranya Nashar is the first female CEO of Samba Financial Group – one of the largest banks in Saudi Arabia. She has started her career in 1997 from Private Banking Group.

Ms. Nashar is a highly ranked senior executive, with deep and rich experience in financial services, viz all aspects of banking in leading financial institutions in the kingdom of Saudi Arabia (KSA). She is a board advisor on the board of Samba Financial Group and also a board member of the Samba Capital & Investment Management Company (Samba Capital) KSA and Samba Global Markets Limited – Cayman Island.

Ms. Ranya Nashar is a strong thinker, capable of identifying profitable opportunities and known for transforming underperforming business and operational areas she is diversified skill set gained over almost 2 decades of experience strategy and lead cross-functional teams driving evolution and implementation of concepts and processes.

Ms. Ranya Nashar has achieved several ‘firsts’ at Samba Financial Group. She was the first female Chief Audit Executive; the first female Compliance Head of a bank in the Gulf Cooperation Council and the first Saudi Arabian woman certified as an Anti-Money Laundering Officer.

She holds a B.S. Honors in Computer Science and Information & Technology from King Saud University, Riyadh Kingdom of Saudi Arabia.

Mr. Shahid Sattar
President and Chief Executive Officer (CEO)

Mr. Shahid Sattar joined SBL in August 2013 and brings with him more than three decades of experience in the local and global banking and financial Industry. Mr. Sattar's major experience lies in Retail Banking Consumer Finance, Branch Operations, Cash Management, Remittance Business, SME and Commercial, Corporate and Islamic Banking.

Prior to joining SAMBA Bank Limited, he has worked in UBL, as Head of Corporate & Cash Management and later as Head of Retail, Commercial, Consumer (including Cards, Assets, and Products & Marketing). From September 2010 till December 2012, he was heading NIB Bank Limited as Head of Retail, Commercial & Consumer. He has also worked as Head of Retail & Remittance Business in Bank Al-Bilad, Saudi Arabia from November 2007 to September 2010.

Mr. Shahid Sattar, has worked in MCB, from August 1998 till October 2007, holding various positions including Head of SAM, Head of Retail Commercial & Consumer, prior to that he has worked in CITI Bank Pakistan in Corporate from 1992 till 1998. He has also worked in Retail Centralized Credit in BCCI from 1981 till 1991 serving in Cairo, London & Abu Dhabi.

Mr. Sattar’s key agenda in formulating SBL's strategic direction includes Commitment to Business Growth and Increasing Revenue, Controlling Cost, Rationalization of Organizational Structure and improving Service Quality. In addition to that his main focus was to upgrade SBL’s Technology which has now implemented T-24 Core Banking System.

He has held many directorships at MNET Services (Pvt.) Ltd. (ATM SWITCH), Bank Al-Bilad Investment Co. Saudi Arabia, PICIC Insurance Co., PICIC Asset Management Co., UBL Asset Management Co during his career and currently holding directorship of Insta Plast (Pvt.) Ltd.

Mr. Sattar has done Bachelor in Science (B-Sc.) in Textile Engineering from the University of Engineering and Technology, Lahore and holds a Master in Business Administration (MBA) in Marketing from the University of Punjab. He has also attended many national and international Seminars and Conferences.

Mr. Aiman Gusti

Mr. Aiman Gusti possesses more than 27 years of banking experiences. He started his banking career in 1991 with Samba Financial Group (SFG) KSA. In 1996, Mr. Gusti moved to National Commercial Bank Riyadh as Assistant Treasurer and in 2009, he joined Alinma Bank Riyadh as Deputy Treasurer. Mr. Gusti re-joined Samba Financial Group in 2013 as Program Director and since April 2017, he is working as Chief Auditor, SFG.     

Mr. Aiman Gusti holds Bachelor and Master of Science Degrees from King Fahd University of Petroleum and Minerals (KFUPM) with majors in Mathematics. Mr. Gusti possesses a wealth of knowledge and diversified experiences for Samba Financial Group.


Mr. Timour Pasha

Mr. Timour Pasha is a Senior Corporate Banking Professional with 27 years of banking experience working with Samba Financial Group, (10 years) and prior 17 years with Citigroup. Currently, Mr. Pasha is holding the position of Regional Head of Risk for UAE, Qatar and all GCC NPCs Foreign branches of UAE, Qatar & UK of SFG network.      

Mr. Pasha started his career in 1992 with Citigroup in their Corporate Banking Group and worked up to Country Corporate Banking Group head in 2004 for UAE. In 2006 moved to Corporate & Investment Banking as Regional Head of Risk, Central & West Africa and Algeria where he was responsible for the portfolio of the Corporate & Commercial and Investment bank for six (6) countries, Algeria, Senegal, Cote, Senegal, Cote D’ivoire, Cameroon Gabon and DRC Congo in which position he worked till 2008. In 2009, he joined Samba Financial Group (SFG) – Corporate & Investment Banking.     

He holds a Master's degree in Business Administration (Finance Major) from Lahore University of Management Sciences and also a degree in Bachelor of Commerce from Karachi University, Pakistan.

Hafiz Muhammad Yousaf

Hafiz Muhammad Yousaf is a highly qualified professional (FCA) and also a Gold Medalist of the Institute of Chartered Accountants of Pakistan for best performance in the auditing paper of CA Final Examinations in 1989. 

Mr. Yousaf possesses over three decades including 28 years post qualification experience as chartered accountant very extensive and wide range of diversified experience in various specialized fields, i.e. corporate finance and restructuring, corporate compliance and regulations, governance and oversight, assurance; consulting and financial advisory services, including two decades at a Big 4 professional accounting firms as Partner/Country Leader Consulting. This experience includes six and half years with KPMG Taseer Hadi in 1983-1989, six and half years with Ilyas Saleem and Co, CAs (1989-1995 including two years at USA with an American accounting firm while pursuing advanced professional qualifications) and eighteen years with Deloitte Yousuf Adil, a member firm of Deloitte from 1996 to 2014.            

Mr. Yousaf was Board member of SBP, Chairman SBP Board Audit Committee and other member of other important committees of SBP. He was also Board member of Policy Board of SECP.