Board of Directors
Mr. Mustafa Ilyas
Chairman
Mr. Mustafa Ilyas serves as an adviser to Saudi National Bank (“SNB”), Kingdom of Saudi Arabia since 2021, and also serves as Chairman of the Board of Directors of Samba Bank Limited Pakistan since October 27, 2022.
Prior to this he was at PwC for over seventeen years, the majority of which focused exclusively on the banking sector. The early part of his career with PwC focused on providing external audit services to listed companies. He then specialized in due diligence assisting corporate and private equity investors on both buy and sell side.
Mr. Mustafa Ilyas is a Chartered Accountant and member of the Institute of Chartered Accountants England & Wales (UK). He holds a Master of Engineering from the Imperial College of Science, Technology and Medicine (London).
Mr. Fahad A. Al Hunaiti
Director
Fahad A. Al Hunaiti is a seasoned financial executive with 17 years of experience in banking and investment management. He currently serves as Head of Principal Strategies at Saudi National Bank, where he oversees SR 260 billion in proprietary investments across global asset classes. He is also a founding partner and board member of Pillars Holding, a prominent F&B investment group.
Mr. Fahad A. Al Hunaiti holds a Finance degree from KFUPM and has completed executive education at Wharton and Columbia Business Schools
Mr. Mazen Ali AlDhabi
Director
Mr. Mazen Ali AlDhabi is a banker with post 20 years of Management Experience in Board membership, Audit, Compliance, Engineering and Risk management with more than 10 years in Operational Risk function.
Proven wide range of leadership experience and exposure across various units and functions, strategic outlook and execution ability, ability to build and leverage internal and external networks and manage stakeholders, strong problem solving and decision-making skills. He has Extensive experience of managing change and transformations, inspirational leadership and creating winning teams, demonstrated negotiation and influencing skills.
Mr. Mazen Ali AlDhabi possesses a Master's degree in Business Administration from Brunel University in the UK, as well as MSc in Industrial Engineering from King Abdulaziz University in Saudi Arabia.
Additionally, he has obtained various qualifications and certifications from different esteemed institutions from USA, UK and Saudi Arabia. Currently, Mr. Mazen Ali AlDhabi is also on the Boards of Turkey Finance Bank, and Abu Nayyan Holding Company –Saudı Arabıa.
Ms. Kholood Khalid Al-Khelaiwi
Director
Ms. Kholood K. Al-Khelaiwi is a banking professional with over two decades of experience in the financial sector in Saudi Arabia. Throughout her career, she has sheld key leadership roles across prominent financial institutions, including the Saudi National Bank (SNB)—formerly known as the National Commercial Bank(NCB)—the Capital Market Authority (CMA), Samba Financial Group, and Mizuho Saudi Arabia.
Currently, Ms. Al-Khelaiwi serves as the Head of Talent Acquisition at Saudi National Bank (SNB) since 2024, transitioning from her extensive career as a global markets expert. Previously, she held the position of Head of Trading, Global Markets. Before that, she led Structured Solutions, Treasury for nearly eight years, demonstrating her expertise in treasury operations and financial solutions.
Prior to joining SNB, she served at the Capital Market Authority (CMA), Saudi Arabia, as a Senior Authorization & Inspection of Market Institutions officer for two years. Before that, she worked at Mizuho Saudi Arabia Company as Advisory Head for nearly two years. Her earlier tenure at Samba Financial Group spanned several years, where she held the role of Manager, Structured Finance Products& Sales, Treasury.
Ms. Al-Khelaiwi is skilled in global treasury operations, investment strategies, regulatory compliance, risk management, and financial reporting. She has also completed multiple certification programs relevant to her field, further enhancing her professional expertise.
She holds a Bachelor’s degree in Economics (Quantitative Methods) from King Saud University, Kingdom of Saudi Arabia.
Hafiz Mohammad Yousaf, FCA
Director
Hafiz Mohammad Yousaf is a highly qualified professional having diversified qualifications from the renowned Institutions of Pakistan, USA, and Canada. He is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP), Fellow Member of American Institute of Certified Public Accountants(AICPA), Member of Canadian Institute of Chartered Accountants (CICA) and Member of Canadian Institute of Chartered Professional Accountants (CICPA)besides being member of many other renowned international professional institutions.
Mr. Yousaf possesses over three decades of diversified post qualification experience as a Chartered Accountant in various specialized fields, having served on various leadership positions with key governmental, public and corporate entities (including two decades at a Big 4 professional accounting firm as Partner in Pakistan) which covers corporate compliance and regulations, governance and oversight, accounting and auditing standards setting, assurance and audits, corporate finance and restructuring, consulting and financial advisory services, etc.
In recent years, the key areas of his focus are the high-end policies formulation and implementation, strategic directions, oversight of regulations and business operations, governance initiatives and organizational reforms and business decisions making, etc. at some of the most important corporate sector entities of the country. Mr. Yousaf has a unique and versatile exposure of having served Pakistan’s top regulators including State Bank of Pakistan (Central Bank of the country) and Securities and Exchange Commission of Pakistan (SECP) as a board member and chairman of audit and oversight committees respectively besides being President of the Institute of Chartered Accountants of Pakistan (ICAP)
Mr. Yousaf has the honor of serving the council of ICAP for eight years (2009-17) in various leadership positions including being its President for 2015-16term and represented Pakistan on various prestigious international forums including International Federation of Accountants (IFAC), International Accounting Standard Board (IASB), Asian Oceana Standards Setters Group (AOSSG), CA Worldwide (CAW) and South Asian Federation of Accountants for many years on different meetings and conferences.
Currently he is serving as a Board Member of some leading corporate entities of the country including SAMBA Bank Limited, Kot Addu Power Company Limited, Pakistan Security Printing Corporation, Security Papers Limited &SICPA Pakistan (Pvt.) Limited where he is also the Chairman and member of various important committees of the respective boards.
In recognition of his credentials, Yousaf is appointed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), as a member of its very prestigious forum namely Public Interest Monitoring Consultative Committee (PIMCC) to represent Pakistan. The seven member PIMCC has an oversight on the functioning of the AAOIFI Accounting Board (AAB) and AAOIFI Governance and Ethics Boards (AGEB) to ensure that public interest is duly served
Ms. Zeeba Ansar
Director
Zeeba Ansar possesses over 27 years of diverse experience in the Corporate &Banking sectors that includes aggressive business development, client coverage, marketing of corporate products, setting up of early warning systems and strategizing/structuring facilities for Non-Performing Loans and instituting strong and diligent recovery drives.
Ms. Zeeba was with NIB Bank Limited, where she served as Group Head, Corporate & Investment Banking Group for two years and prior to that she worked in United Bank Limited for more than nine years where her last role was as Regional Corporate Head. She was also associated with Faysal Bank Limited for about five years where she progressed to the position of Corporate Head (Southern Region) and before that, she was with Deutsche Bank Limited, where she worked for almost eight years.
She started her career from Shell Pakistan Limited, where she worked for over4 years in their Planning department. She holds an MBA Degree from the Institute of Business Administration, Karachi.
Currently, Ms. Zeeba is also on the Boards of Gul Ahmed Textile Mills Limited, Cherat Cement Company Limited and Lucky Investments Limited, holding the position as Independent Director.
Mr. Shafqaat Ahmed
Director
Mr. Shafqaat Ahmed brings 48 years of comprehensive experience in the banking sector, including 30 years serving as Country Head, CEO, and President, where he has consistently demonstrated exceptional leadership. He founded Al Baraka Bank in Pakistan and served as its CEO/President from 1992 to 2018, playing a pivotal role in the bank's growth and evolution. Under his leadership, Mr. Ahmed successfully managed the mergers of Al Baraka Bank Pakistan with Emirates Global Islamic Bank in 2010 and with Burj Bank in 2016, strengthening the bank's market position.
Beyond his leadership at Al Baraka, Mr. Ahmed has held several prestigious directorships across public and private sector organizations, contributing valuable expertise in corporate governance and strategic management. His distinguished career also includes key positions at Bank of Credit & Commerce International S.A. in Bahrain and United Bank Limited in Bahrain and Pakistan.
A certified director, Mr. Shafqaat Ahmed has completed specialized training programs at renowned institutions such as Lahore University of Management Sciences (LUMS) and the University of Lahore. His areas of expertise encompass banking leadership, mergers and acquisitions, corporate governance, strategic planning, and a thorough understanding of Islamic banking principles. Currently, he serves as a director at Gharibwal Cement Limited and Security Papers Limited. Mr. Ahmed has addressed a number of Islamic seminars and conferences globally.
Mr. Ahmed is a graduate of Foreman Christian College, Lahore with Majors in Economics. He has served as the Vice Chairman of the Pakistan Banks Association and is a fellow of the Institute of Bankers in Pakistan.
Rashid Jahangir
Acting President & Chief Executive Officer
Mr. Rashid Jahangir, Acting President & CEO is an accomplished finance professional and a career banker with more than 23 years’ industry experience, and having expertise in the areas of Strategic Planning, Digital Transformation, Financial, Taxation, HR and Business Management. Mr. Jahangir has worked on assignments in Pakistan as well as overseas including Europe, Africa, Central Asian, Middle East and Malaysia.
Mr. Jahangir joined Samba Bank Ltd in January 2016 as Chief Financial Officer (CFO) and member of the Bank’s Executive Team. In this tenure, he played a key role in supporting the Board of Directors and the Management in setting the Bank’s strategic direction, technological initiatives and business decision model.
In 2021, as a part of growth strategy, Mr. Jahangir was asked to head the Bank’s new Digital Banking initiative, where he successfully led the team that introduced a full scope suite of digitally enabled banking products and services for Samba Bank.
In 2023, in recognition of his business, tech, governance and leadership expertise, Mr. Jahangir was appointed to the role of Samba’s first Deputy Chief Executive Officer. As Deputy Chief Executive Officer Mr. Jahangir also has oversight of Retail & Consumer Banking, Operations & IT, Digital Banking, & Human Resources & Training divisions of the Bank. Recently he has also been entrusted to spearhead bank’s transformation into fully Islamic Bank.
Prior to joining SBL, Mr. Jahangir worked with MCB Bank Limited for more than 10 years, where his last role was Head, Strategic Planning & Investments. Mr. Jahangir started his career as a Chartered Accountant working with reputed Chartered Accountancy Firms KPMG Taseer Hadi & Co. and Huzaima Ikram & Associates.
Mr. Jahangir holds a Bachelor’s degree in Commerce (B. Com) from the University of Punjab and is a Fellow Chartered Accountant (FCA) from the Institute of Chartered Accountants of Pakistan. He has attended several trainings and conferences internationally and in Pakistan including business technical and Leadership.
Mr. Jahangir is also a Certified Director from Pakistan Institute of Corporate Governance and has previously served thrice as member of Banking & Finance Committee of the Institute of Chartered Accountants Pakistan (ICAP).