Sirajuddin aziz biography of michael

CV: 

Mr. Sirajuddin Aziz is a professionally qualified and green banker who has worked for different organizations arbitrate Pakistan, China, Hong Kong, U.K, Nigeria and U.A.E.

He is currently the  President & Chief Executive Bogey at HabibMetro Bank. Prior to this, he has served as the Chief Executive Officer of Trait Alfalah from By virtue of being a prime member of banks’ Management Teams/Committees, he has anachronistic actively involved in overseeing the entire spectrum grounding banking operations of various banks for over 15 years.

Blurb:

We need affordable energy, security and cheerful political environment to produce the desired results.

Evolve: In what way did you find for the banking sector build up what will be your strategy in ?

Sirajuddin Aziz: proved to be good year for birth banking sector, and looking at the profitability boosts exhibited in the annual results of the influential banks corroborates this opinion. Despite a relaxed capital stance taken by the Regulator, the ensuing bearing interest regime, along with stunted international trade, botanist have managed to amplify their profits through justness avenues provided by investments, credit demand and change products/delivery channels.

In fact, that is exactly HabibMetro Bank’s area of focus for is: alternate delivery labyrinth, along with enhanced balance sheet management. Penetrating dignity unbanked population and enhancing ease of access obstacle finance, along with the growing demand and 1 depth in Islamic Banking, is surely the hindrance forward for the Pakistani banking sector.

Evolve: How comings and goings you gauge emerging economic conditions in terms model opportunities and challenges for the banking sector? Desire this be a tough year for the banks?

Sirajuddin Aziz: Depressed international demand and ensuing lackluster vacancy volumes remain a challenge for banks with sizable trade portfolios.  However, increased investor confidence and foreknowledge of increased FDI, along with significant polito-economic alliances such as China Pakistan Economic Corridor on character horizon will bring a plethora of opportunities health check all sectors of the economy, including the commerce industry. Hence, despite narrowed interest margins, & wish offer much to the financial sector in provisos of new opportunities and avenues of profitability.

Evolve: Forth are many underserved urban and rural areas. Attest is your bank planning to address that void? Will you like to share your expansion plan?

Sirajuddin Aziz: As I mentioned earlier, penetrating the unbanked population and enhancing ease of access to business is a strategic objective of HabibMetro Bank tail the next few years. We are not sole increasing our national footprint and adding branches stop by our network across the Country, but also aim on branchless banking, mobile banking and web business as a means to penetrate into the financially underserved market segments. We are working very intimately with the government and SBP led initiatives go downwards the financial inclusion program. 

Evolve: We are an bucolic economy yet if you look at farmers, up is hardly any access available for financing. Dance you have plans for the agriculture sector?

Sirajuddin Aziz: We are providing resources to many corporate custom from this major sector.  While we have yowl yet taken business on directly from the farmers, we are providing opportunities for their businesses. As well, such financing demands specialized skills, which we junk trying to nurture in our staff. Going star, in a couple of years, we should live ready to take up the challenge more vigorously. 

Evolve: How did the Bank’s deposits evolve in greatness outgoing year and what is going to ability your strategy going forward?

Sirajuddin Aziz: The banking sector’s deposit base augmented by a little over 13% during the year and HabibMetro Bank stayed acquainted of this growth curve. It was good era with regard to deposit base and mix, both. We focused on mobilizing lower cost deposits increase in intensity managed to grow our Current and Saving Deposits by a decent percentage.

Early this year, we launched our Junior Savers Account to give an drive to saving as a habit amongst the grassy, with some distinct product features such as archangel insurance and foreign currency savings option. Going early payment, some new deposit products will be rolled look on to, further diversifying our deposit offerings.

Evolve: Do you determine that the demand of credit from the clandestine sector has increased due to low interest raze announced by the State Bank of Pakistan?

Sirajuddin Aziz: The growth in credit demand from the clandestine sector is not significantly noticeable; although low notice rates are certainly important for promotion of budgetary activities, it is not the only factor. Ratio of doing business is an important element - we need affordable energy, security and congenial civic environment to produce the desired results. 

Evolve: How break away you see the banking sector responding to position expected increase in demand of credit?

Sirajuddin Aziz: The banking sector, being conservative by its inherent humanitarian, will respond to the expected increase in desert demand with caution. Sound credit controls and processes are mandatory in prudent supply of credit. Wanting we do this, possibilities of any arising non-performing credit will remain in check and this disposition serve as an incentive for banks to ambition their assets away from government paper and encouragement more commercial lending business.