QUALIFICATION

BSc. B.Eng (Mechanical)., Diploma in Banking (DAIBP).

Diploma in Freelance Writing and Journalism (Canada)

Fellow Institution of Engineers (FIE)., Fellow Institute of Bankers (FIB).

Attended Pakistan Administrative Staff College (1981)., 

Asian Productivity Organization (APO) Programme, Tokyo

(Under Asian Development Bank) 1976., FAO Bankers’ Programme, Rome (1978). International Bankers Association, USA, (1995).

POSITIONS HELD

Ex- General Manager & CEO Bank AlJazira, Saudi Arabia.

 Senior Executive Vice President (SEVP) & Chief Operating Officer (COO):

National Bank of Pakistan (NBP). Managing Director & CEO: National Discounting Services Ltd. Ex- Chief Representative NBP in Canada & Designated Managing Director,

Proposed NBP CANADA BANK

EXPERTISE

Project Planning, Feasibility Report Preparation, Development Banking, All disciplines of Commercial & Retail Banking , Treasury Management, Risk Management, Debt Recovery and Restructuring, Industrial Planning and Implementation, Banking Operations Supervision, Credit and Capital assets Management, Electronic Banking Planning and Implementation, Management of Customer Service Standards, Assets and Liability Management.

DISTINCTIONS

Prepared: 10 years Textile Industry Development Plan for the Sudan, Prepared: Industrial Projects’ Feasibilities for  under developed regions of Tribal Areas and Azad Kashmir, Prepared Comprehensive Project Report and Complete Operations Manual for NBP subsidiary Bank in Canada appreciated by Office of the Superintendent of Financial Institutions (OSFI) & Project report for the Representative Office of NBP approved by OSFI. Prepared Standard Operations Manual (SPM) and the New Organizational Structure for National Bank of Pakistan (NBP)., Established First Islamic Banking Branch in NBP and First Foreign Exchange Company as Subsidiary of NBP. Established:  National Discounting Services Limited as Subsidiary of NBP to create Secondary Market for Government Securities, Prepared Feasibility and Project Reports for considerable number of Industries especially for Rural Areas, Converted Bank AlJazira from loss to Profit raising the share price from SR.110 to SR.746 per share.

CAREER

2003-2008

SENIOR EXECUTIVE VICE PRESIDENT (SEVP) & Chief Representative (Canada): National Bank of Pakistan (NBP) & Designated Managing Director:  proposed NBP CANADA BANK

·         Prepared the Proposal and obtained approval for establishment of a Representative Office of NBP in Canada.

·         Established the Representative Office of National Bank of Pakistan.

·         Conducted Market Survey to establish Market space for a new Pakistani Bank in Canadian Financial Market, and prepared a comprehensive “Business & Technology Plan” for establishment of NBP subsidiary bank in Canada.

·         Worked in close coordination with the leading Canadian law Companies McCarthy Tetrault LLP & Walter, Sorensen LLP for securing the approval of the “Superintendent of Financial Institutions (OSFI)”.

·         Secured technical agreement of OSFI for grant of license, which has been withheld for want of political stability in Pakistan, originating during last days of Mr. Pervez Musharraf government.

·         The knowledge of modern banking operations, technical capability and superior quality of NBP Business Plan and Proposal was greatly appreciated by the Office of the Superintendent of Financial Institutions (OSFI) team in presence of the legal counsels and the President of National Bank of Pakistan in various meetings.

·         Throughout the period, all the queries, objections and observations were fully responded and satisfied with convincing technical arguments, reports and studies.

·         Canadian Regulatory System is the best in the world, and it was a tough job to satisfy the world’s best regulators and team of highly knowledgeable, extremely competent, and extraordinarily vigilant individuals on a number of regulatory guidelines, operational issues and viability concerns.

·         The entire work was done single handedly without even secretarial support.

·         In the words of regulators, withholding of the final decision was not “Technical” but “Political”.

·         Earned appreciation and respect for Professionalism from OSFI and the Legal Advisors.

·         Full and Proven knowledge of all disciplines of banking, Financial and economic management commensurate with Canadian Standards, the best in the world.

1992-2003

SENIOR EXECUTIVE VICE PRESIDENT (SEVP) & Chief Operating Officer (COO): National Bank of Pakistan.

·         Chief of Administration, Training, Finance, sports and Public Relations Divisions.

·         Provincial Chief of Sind.

·         Provincial chief of Baluchistan, Punjab and KPK (then NWFP), at various occasion.

·         Chief of Finance, Treasury, Credit, Administration, Capital Market, Overseas Banking and Technology Divisions.

·         Introduced Capital Market Operations and remained the first Head of Division.

·         Established the first National Discounting Services Company (as subsidiary of NBP) in the country to support development of secondary financial market. Remained its first Managing Director.

·         Introduced real time on-line branch banking and reporting system.

·         Designed and implemented complete restructuring of the NBP as required by IMF/Ministry of Finance.

·         Wrote the policy paper (along with Chairman Securities & Exchange Commission and three senior Joint Secretaries of the government) on merger of National Investment Trust(NIT) and Investment Corporation of Pakistan(ICP) under instructions of the then Finance Minister.

·         Prepared and implemented the first ever “Standard Procedures Manual” for NBP.

·         Designed, documented and implemented the first “Anti-Money Laundering Manual” in the Bank and the country.

·         Trained about three hundred Chinese Bankers in the NBP Training Institute under agreement with Bank of China.

·         Actively participated and monitored the “Foreign Exchange Reserves” through Treasury Operations of NBP in coordination/consultation with State Bank of Pakistan.

·         Established the first “non-interest based banking branch in NBP on standalone basis.

·         Established and supervised the operations of the first “Foreign Exchange Trading and Brokerage Company” as subsidiary of a regulated scheduled bank NBP under approval of State Bank of Pakistan.

·         Member of the Currency Note Design approval and Remittances Committees of State Bank of Pakistan &Trustee of “National Investment Trust (NIT)”.

·         Multiplied the profit of NBP by Operations and Credit Control and Improved Customer Service Standards.

1988-1992

SENIOR EXECUTIVE VICE PRESIDENT (SEVP) & General Manager:

Bank AlJazira, Saudi Arabia.

·         Restructured the Bank to increase profitability and eliminate losses and bring the Bank on strong financial footing.

·         Brought the Bank into Profit from annual losses of Saudi Riyal 16.0 million in one year by organizational restructuring and cost of operations reduction methods.

·         Introduced modern techniques of Assets/Liability Management and Treasury Operations System thereby increasing the profitability.

·         Earned Regulators confidence, improved operational discipline and transformed the Bank into a vibrant modern banking institution.

·         The Banks Share prices rose from Saudi Riyal 110.0 per share (at the time of taking over charge as CEO in 1989) to Saudi Riyal 746.0 per share in one year.

·         Withdrew placements of over Saudi Riyal 100.0 million from BCCI before it went into bankruptcy, whereas all Saudi banks, including the one led by Mr. Shaukat Aziz suffered huge losses on that account.

·          Personal performance was appreciated before the Pakistani Directors, by the Governor and Deputy Governor of Saudi Arabian Monetary Agency (SAMA) in the words – “We were never happy with Pakistani Management, but this man has performed miracles.”

·         Made visible efforts to save interests of Pakistan and NBP as best as it could be possible in the joint venture, yet safeguarding the interests of Saudi shareholders and depositors.

·         Participated in the first response to Basle Committee proposals from Saudi Arabian Monetary Agency. Managed the Bank during Gulf War without closing any branch even for one day, including Hafar-al-Batin Branch, which was under Rocket attack.

·         Participated in the development of electronic banking net-work in Saudi Arabia and extension of services to Points of Sales.

·         Improved Treasury Operations to yield higher returns with reduced Risk.

1983-1988

SENIOR VICE PRESIDENT (SVP) & EXECUTIVE VICE PRESIDENT (EVP):

National Bank of Pakistan (NBP) and Bank AlJazira, Saudi Arabia.

·         Seconded to Bank AlJazira, Saudi Arabia, a  Joint Venture between NBP and Saudi entrepreneurs as Head of Credit Division.

·         Streamlined and designed Approval and Documentation System for sanctioning and follow up of Credit portfolio.

·         Designed Credit Committee and Rules of Business. Acted as the first secretary of the Credit Committee.

·         Managed the credit risk and control systems on modern guidelines.

·         Prepared the Operations Manual according to SAMA Guidelines

·         Introduced Risk Based Credit Assessment Procedures and supervision processes.

·         Introduced the modern income recording system to reflect true financial picture and position of non-performing portfolio.

·         Participated in all major syndications of Saudi Banks for financing mega projects like Makkah-Madina Road, Jumjoom Centre, Chemical Projects and Refineries at Yanbu and Jubal.

·         Participated in International Syndications for Communication and Heavy Industries projects in Saudi Arabia.

·         Designed a comprehensive operational and evaluation study and performance review along with Peat Marwick (UK) under instructions from Board of Directors.

·         Negotiated Renewal of Management Agreement with Saudi Arabian monetary Agency (SAMA). It was unfortunate that NBP didn’t agree with some clauses.

·         Strengthened Supervision and Auditing system.

·         Introduced Accrual based Income recognition system.

1976-1983

VICE PRESIDENT (VP): National Bank of Pakistan (NBP)

·         First Head: Department of Agriculture Credit. Planned and Managed.

·         First Head: Supervise Rural Credit Programme (SRCP).Planned and Managed.

·         Head: Mobile Agriculture Credit Programme.

·         Head: Private Sector Credit Department.

·         Head: Public Sector Credit Department.

·         Prepared Integrated Fisheries Project for Karachi, in collaboration with UNIDO Experts and under support from FAO of UN.

·         Prepared Fruit Processing Plant Project for Gilgit and Parachinar (Kurram Agency) in collaboration with UNIDO and FAO Experts.

·         Prepared Paper Manufacturing Project from bagasse (Plant residue of sugar cane), in collaboration with UNIDO and FAO Experts.

·         Arranged Debenture Financing for Transport system of KPK Province (then NWFP).

·         Designed and implemented the first ever “Muharika Financing” in the country.

·         Designed non-interest deposit banking based on profit earned on Foreign Exchange Operations of Banks. This was made part of Budget speech of the then Finance Minister.

·         Designed complete revival plans for sick industries both in Public and Private sectors, including PECO and a number of engineering and textile industries.

·         Member of 16 Members Islamic Banking Committee and prepared the basic Operational document. Remained Member of State Bank of Pakistan Agriculture Credit Estimation Committee.

1974-1976

ASSISTANT VICE PRESIDENT (AVP): National Bank of Pakistan (NBP)

·         Prepared 80 Small Scale Industrial and Agriculture based business Projects and Feasibilities for Foreign Missions of Pakistan (Particularly UK), to attract Overseas Pakistanis to invest in Small Industries in Pakistan, with working capital financing by NBP.

·         Head, Division of Small Business Financing and Micro Credit Operations.

·         Head, Department of Agriculture Financing.

1974-1974

AVP:   National Development Finance Corporation (NDFC), Ministry of Finance.

·         Evaluated a number of Public Sector Projects sponsored by, Pakistan Automobile Corporation, Domestic Appliances Limited, and Tire Manufacturing Plant.

·         Prepared Financial Plan for a number of Public Sector Projects.

1969-1974

Consultant:   Investment Advisory Centre of Pakistan (IACP), Ministry of Industries.

·         Prepared Industrial Projects for RCD Countries (Indonesia, Turkey, and Iran).

·         Posted in the Sudan and prepared the “10 Years Textile Development Plan”.

·         Posted in Azad Kashmir and Prepared Six Industrial Projects for the region, including Minerals mining, Textiles, Silk & Logging and Saw mills, for Azad Kashmir Mineral & Industrial Development Corporation (AKMIDC).

·         Prepared Sugar Mills Projects in Sind & Punjab, including the first Sugar Mills in Thatta District. Prepared a number of Projects for Textiles in the Punjab and KPK Province (then NWFP).

·         Posted in Tribal Areas (North Waziristan & Kurram Agencies) and prepared Match Factory Project based on Poplar and Fruit Processing and other Projects based on indigenous materials and skills- in collaboration with Federally Administered Tribal Area Development Corporation (FATADC).

·         Prepared Reports on Viability and Disposal Plans of Enemy Properties in the then West and East Pakistan like: Lyallpur Cotton Mills, Sutlaj Cotton Mills,  Gopalpur Sugar Mills, Shetabganj Sugar Mills and Burmah Oil Company in major cities of the then East Pakistan.

·         Prepared the Report on “Transfer of Technology- Pakistan Case Study”, for United Nations.

·         Prepared over 70 Feasibility and Project Reports for Public and Private Sectors.

·         Remained Associated with Planning and Finalization of Pakistan Steel Mills Project Karachi.

1968-1969

Lecturer:  NED Government Engineering College (Class I Gazetted), Ministry of Education.

·         Taught Engineering Design & Industrial Engineering.

·         Remained External Examiner till 1974.

MANAGEMENT COMMITTEES

·         Senior Member: NBP Executive Committee.

·         Senior Member: NBP Operations Committee.

·         Senior Member: NBP Assets & Liabilities Committee.

·         Chairman: HR and Hiring Committee.

·         Chairman: Disciplinary Actions Committee.

·         Chairman: Technology & Electronic Banking Committee.

·         Member Executive Committee Bank AlJazira, Saudi Arabia

·         Member Credit Committee, Bank AlJazira, Saudi Arabia

DIRECTORSHIPS

·         Managing Director: National Discounting Services Limited.

·         Director National Construction Company.

·         Director Pakistan Tourism Development Corporation.

·         Director National Mudarba Company.

·         Director, National Exchange Company

·         Director Escort Bank Limited.

·         Director Allied Textile Mills Limited.

·         Director National Custodial & Vault Services.

·         Director Fortune Securities Limited.

POSTINGS AND OFFICIAL VISITS

·         Turkey, Iran and Indonesia for Project Planning under Regional Cooperation for Development (RCD) Programme.

·         Philippines for Training in Agriculture and Small Industries sector under Asian Development Bank.

·         China on the invitation of Bank of China.

·         USA with the delegation of the then Prime Minister, for signing MOUs.

·         USA on the invitation of International bankers’ Association..

·         USA for syndications and Audit Supervision.

·         UK for syndications and Audit supervision.

·         Rome, Italy, on the invitation of FAO Bankers’ Programme.

·         Germany for syndications and Audit Supervision.

·         Sudan on Posting and Project Planning.

·         Azad Kashmir and Northern Areas on Posting and Project Planning.

·         Federally Administered Tribal Areas (FATA) of Pakistan on Posting and project Planning..

·         Saudi Arabia, Seconded on long tenure Posting. Canada on Assignment/ contract.

EXTRACURRICULAR

·         Freelance Writer. Poet (Urdu Poetry Collection “Hawa-e-Dasht” i.e., “Desert Wind”).

·         Articles on Literary Criticism, Socio-economic issues, humour. Economic/Financial Analyst and Commentator.

·         Qualified Doctor of Homeopathy & Natural Health Consultant (Canada). Member Homeopathic Medical Council of Canada.

·         Social work and Volunteering.

·         Member Karachi Gymkhana Club. Member Karachi Boat Club. Member Karachi Defence Authority Creek Club. Member Karachi Country & Golf Club. Member Richmond Hill Country Club. Ex- Member Richmond Hill Rotary Club. Member, Royal Commonwealth Club.

CITIZENSHIP & CONTACT

CITIZEN OF CANADA

E-mail address:  rkaleemi@hotmail.com

                                                      (Fully Authenticated)