Mr. Muhammad Rashid Zahir

Non-Executive Director

Mr. Muhammad Rashid Zahir is a non-executive director on the Board of the Bank since 2011 and is also the Member on the Board Audit and Credit Committees.
His banking experience dates back to 1968. He was GM/Chief Executive of Saudi Pak Industrial and Agricultural Investment Company Limited during the period 1991-2011. He remained Chairman of the Board of Saudi Pak Commercial Bank Ltd (now Silk Bank Limited), Saudi Pak Real Estate Ltd., Saudi Pak Insurance Company Ltd., Saudi Pak Leasing Company Ltd, Islamabad Stock Exchange (Guarantee) Limited and Association of Development Finance Institutions in Member Countries of Islamic Development Bank, Jeddah (ADFIMI). He had also assisted the Implementation Committee appointed by the President of Pakistan for re-organization of Public Sector Enterprises in 1978. Mr. Zahir is Advisor at JCR-VIS Credit Rating Company Limited. He is author of a book, Legacy of a Manager.
He did an MBA from Institute of Business Administration, Karachi in 1968. He has also attended programs on Islamisation of Economy, Advanced Management for Senior Executives, Lease Financing and Industrial Projects organized by national and international organizations. In the year 2015, he attended week long course on “Accelerated Certificate in Company Direction – International” offered by the Institute of Directors, UK arranged in Pakistan by the Pakistan Institute of Corporate Governance.