Hammad Khalid has been appointed as President and Chief Executive Officer of MCB Islamic Bank, succeeding Zargham Khan Durrani.
Mr. Khalid has been serving as a member of the bank’s Board of Directors since June 2022, where he played an active role in strategic planning and governance oversight. He is a member of the Institute of Chartered Accountants of Pakistan (ICAP) and brings more than 16 years of experience with MCB Bank Limited.
Most recently, he served as Chief Financial Officer, leading strategic financial decisions, capital management and regulatory compliance. He also represented the bank at both national and international forums. His background in financial governance, risk management and banking operations is considered key to strengthening the bank’s long-term growth and stability.
In addition to his executive responsibilities, Mr. Khalid serves on the boards of 1LINK (Pvt.) Limited, MCB NBCO Azerbaijan and MCB Exchange, reflecting his broad leadership experience across the financial services sector.
MCB Islamic Bank is a wholly owned subsidiary of MCB Bank Limited and operates 307 branches and two sub-branches nationwide. The bank reported a profit of Rs1.7 billion during the first three quarters of the outgoing calendar year.
