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. 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.

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. 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. Timour Pasha