The Board of Directors of Habib Bank Limited (HBL) has reappointed Mr. Muhammad Nassir Salim as President and Chief Executive Officer for an additional term of two years, effective April 30, 2026. The decision remains subject to all applicable regulatory approvals, according to the bank’s formal notification to the Pakistan Stock Exchange (PSX).
In its communication to the PSX and stakeholders, HBL confirmed that Salim will continue to lead the institution’s strategic direction and operational management beyond the expiry of his current tenure. The board’s decision signals continuity in leadership at one of Pakistan’s largest commercial banks, as the financial sector navigates evolving regulatory, technological and macroeconomic dynamics.
“The Board of Directors of HBL is pleased to appoint Mr. Muhammad Nassir Salim, as President & CEO of HBL, for a further term of two years, w.e.f. April 30, 2026, subject to all applicable regulatory approvals,” the bank stated in its official notice to the exchange.
The reappointment underscores the board’s confidence in Salim’s stewardship and long-term vision for the institution. Over the past years, HBL has remained focused on strengthening its balance sheet, expanding its digital footprint and maintaining compliance with capital and governance standards. Leadership continuity is widely regarded as a critical factor in sustaining institutional momentum, particularly in a competitive and technology-driven banking environment.
As President and CEO, Salim is responsible for overseeing HBL’s domestic and international operations, risk management frameworks and strategic investments. The extension of his tenure provides operational stability at a time when banks are accelerating digital transformation, enhancing cybersecurity capabilities and refining customer-centric product offerings. The banking industry in Pakistan continues to experience rapid changes shaped by digital adoption, regulatory adjustments and evolving consumer expectations.
Corporate governance practices require that senior leadership appointments at regulated financial institutions receive necessary approvals from relevant authorities. HBL’s announcement clarifies that the reappointment will take effect from April 30, 2026, once these regulatory processes are completed. Such approvals are standard procedure for senior executive roles in the banking sector and form part of broader prudential oversight.
The decision has also been formally communicated to shareholders and market participants through the PSX, reinforcing transparency obligations for listed entities. Leadership announcements of this nature are closely observed by investors, as executive continuity often influences strategic consistency and long-term value creation.
HBL, one of Pakistan’s most established financial institutions, continues to operate in a landscape marked by economic recalibration and digital acceleration. By retaining its current chief executive for another term, the board has opted for stability and sustained execution of existing strategic priorities. The reappointment reflects a governance approach centered on performance continuity, regulatory alignment and institutional resilience as the bank advances into its next operational cycle.
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