Yousaf Hussain, Senior Vice President and Chief Risk Officer at Faysal Bank Limited has been given an additional charge of acting CEO by the board of directors, following the departure of Nauman Ansari.
His appointment is subject to getting regulatory approval from State Bank of Pakistan (SBP), which is a routine exercise as per Fit and Proper Test by the central bank, according to an official announcement by the bank’s management to shareholders.
Like the outgoing President and CEO Nauman Ansari, the current Acting President and CEO has been associated with the Faysal Bank Limited for a long period of more than eight years since August 2008.
He has gained vast experience in the banking industry along with the background in investment banking and telecommunication.
Yousaf Hussain has over 22 years of professional experience primarily at ABN AMRO Bank, where he held multiple senior managerial positions including those within the Corporate / Credit and Transaction Banking functions.
He successfully carried out various projects at Faysal Bank including a significant contribution to the franchise in his previous positions as Regional Corporate Banking Head-North and Head of Special Assets Management Group.
His experience also includes a senior role with Samba Bank and earlier assignments with Mashreq Bank and Mobilink / Motorola. Yousaf has a Bachelor of Science degree in Electrical Engineering and has done his MBA from the Lahore University of Management Sciences.