press release

Mr. Pervez Said has taken over the charge of HBFCL as Managing Director/CEO

Karachi, May 14th, 2014: Mr. Pervez Said has taken over the charge of House Building Finance company Limited (HBFC Ltd.) as managing Director/CEO here at Karachi today. Prior to this he was on the Board of Al-Baraka Bank Pakistan Ltd.

Mr. Said brings over 34 years of well-diversified work experience, of banking and non-banking sectors, to HBFCL.   In the banking sector he has worked in both Islamic as well as conventional banking and has extensive exposure and experience of all aspects of banking at different levels including the CEO position. He has served as a member and Secretary of the State Bank of Pakistan’s Shariah Board. He has worked for Meezan Investment Bank, Citibank, Mashreqbank in the UAE, State Bank of Pakistan and Burj Bank where he was the CEO.
In non-banking sector he has worked for some of the world’s leading multinationals including Exxon Chemicals Pakistan Limited, Unilever Pakistan Ltd, Reckitt & Coleman Pakistan Ltd, W. Woodwards Pakistan Ltd and Johnsons & Johnsons Pakistan Ltd. where he rose to the level of the Managing Director.

Mr. Said is considered and expert in Islamic banking and marketing. He has a MBA from Ohio University USA with major in finance and Marketing.

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