Board of Directors

Dr. Shujaat Nadeem

Dr. Nadeem 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. Antoine Mojabber
Board Member

Mr. Tony Mojabber is a banker by profession with significant private, corporate and retail banking experience gained with major US and regional Banking groups (SAMBA and NBK-L), with a solid record of accomplishments emphasizing a broad range of finance and banking related matters to include significant cost reduction, strategic planning, revenue generation and extensive customer services experience, franchise building.

His banking career started in 1981 from Citi Group. He has worked in different countries like Saudi Arabia, United Kingdom and Lebanon. During his different banking organizations he has been as Assistant General Manager Corporate Bank, Banking Group Head, General Manager, Managing Director and Group Head Corporate Banking.

Mr. Mojabber is an effective thinker and doer offering proven business management and communication skills with the ability to manage change and achieve commercial profit targets. By education he has done Bachelors of Business Administration from American University of Beirut –Lebanon.

Mr. Beji Tak Tak
Board Member

Mr. Tak Tak is a seasoned banker with over 38 years of banking experience and is currently the Chief Risk Officer for Samba Financial Group. He has been associated with the bank for almost 10 years.

Mr. Tak Tak started his banking career in Citigroup in 1979 in Corporate Banking relationship management and in 1996 eventually moved into Risk Management. He has been exposed to Credit, Price and Liquidity Risks throughout his assignments in Citigroup in different countries such as Morocco, Central Eastern, Europe, Middle East and Western Africa.

He holds a degree in Political Sciences and Economy from Institute d Etudes Politiques, Paris-France (1975) also a degree in Business Management from Ecole des Hautes Etudes Commercials’, Paris-France.

Mr. Humayun Murad
Board Member

Mr. Murad carries professional experience of four decades in Pakistan and UK mainly in the financial sectors. Mr. Murad joined OLP in 1986 as Deputy Managing Director and took over as Managing Director in 1989, a position he served until December 31, 2010.

Mr. Murad served as CEO of ORIX Corporation’s operations in Middle East, North Africa and CIS until March 31, 2016. He was also Director on the Boards of ORIX Group of companies in Oman, Pakistan, Saudi Arabia, Egypt, UAE and Kazakhstan.

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

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

Mr. Arjumand Ahmed Minai
Board Member

Mr. Arjumand Ahmed Minai joined SBL Board in December, 2017 as an Independent Director. He has over 42 years of varied experience in 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 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 Pakistan Institute of Corporate Governance, and a Volunteer for raising funds for the professional education of 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 Chartered Association of Certified Accountant, UK. He holds a bachelor 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.

Mr. Nadeem Babar
Board Member

Mr. Babar is a senior executive with extensive worldwide experience in power generation, infrastructure finance and corporate finance.  In his career, he has developed, financed and/or managed over 150 power plants of all commercially available technologies, as well as other energy sector assets.  He has also been involved in social sector development especially in school education and low cost housing.  He has conducted business in 26 countries. 

Mr. Babar started his career as an investment banker in the Project & Structured Finance Group at the investment banking firm of Drexel Burnham Lambert.  After leaving Drexel, he became a partner in a boutique investment bank focusing on the energy sector.  He moved to the corporate sector in 1995 from his last investment banking position at Credit Suisse First Boston where he specialized in International Project Finance. Initially at Coastal Power, and then subsequently at El Paso International after the merger of Coastal Corporation and El Paso Corporation in February 2001, Mr. Babar headed the power business first for Asia, and then globally for these companies.

Mr. Babar is currently the CEO of Orient Power Company (Pvt.) Limited, Saba Power Company (Pvt.) Limited, Orient Operating Company (Pvt.) Limited, Oursun Pakistan Limited, as well as Director of Oursun Solar Power Limited and Saba Generation Company (Pvt.) Limited. He serves on the Board of Port Qasim Authority and PPRA for the Government of Pakistan, in addition to being an independent director on the Board of Samba Bank. He is the Chairman of the Board of Progressive Education Network, and serves as a Director on Saleem Memorial Trust Hospital, both section 42 companies. In the past, he has held numerous board positions for the Government of Punjab and Government of Pakistan in various government owned entities and authorities.

Mr. Babar holds a M.S. in Civil Engineering Management from Stanford University, a B.A. in Economics from Columbia University and a B.S. in Civil Engineering from Columbia University.  He was elected to Phi Beta Kappa (Liberal Arts) and Chi Upsilon (Civil Engineering) honor societies for academic excellence. 

Ms. Rania Nashar
Board Member

Ms. Rania Nashar is the Chief Executive Officer of Samba Financial Group also the first female CEO of a listed Saudi commercial bank in line with the government’s economic and social reforms.

Ms. Nashar is a board member of Samba’s Global Markets Limited subsidiary and a Samba Bank Limited, and has nearly 20 years of experience in the banking.

Ms. Nashar career started in 1998 from Samba Financial Group in Private Banking Division and from there has worked in vast departments like e-Consumer, Compliance and Audit and Risk.

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

Mr. Shahbaz Haider Agha
Board Member

Mr. Agha has over 24 year experience of Insurance Industry in Pakistan working with Multinational and Local companies. He has started his career with Royal & Sun Alliance in 1991 and headed the Region for 14 years. In addition to being the General Manager, Marketing & Sales at IGI Insurance from 2004 to 2013, he was also the Regional Head of Investment Advisory for IGI Investment Bank from 2007 to 2012. Currently he works with IGI Insurance Limited and IGI Life Insurance Limited as Advisor Business Development.

Along his professional career he has won honorary positions and awards like Honorary Consul of Greece Lahore, Chairman Lahore Insurance Institute, President Indiana University Purdue University at Fort Wayne, Trustee to Mohammad Raza Farooq Memorial Trust, Director to A New Beginning, Member of the Board in Invest Capital Investment Bank Ltd., and Bhandara Foundation.

Mr. Agha has done Master in Business Administration from National College of Business Administration and Economics Lahore, B.S. Finance Indiana University USA, B.S. Economics GC Lahore.

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.