Habib Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Muhammad Salim

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	6yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO

Muhammad Salim (62 yo)

less than a year

Tenure

Mr. Muhammad Nassir Salim serves as CEO and President at Habib Bank Limited since March 28, 2024. He serves as Director at Central Depository Company of Pakistan Limited. He serves as Chief Operating Offic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Muhammad Salim	President	less than a year	no data	no data
Rayomond Kotwal	Chief Financial Officer	no data	no data	no data
Aamir Irshad	Head of Corporate	4.3yrs	no data	no data
Michael Maier	Chief Technology Officer	2.3yrs	no data	no data
Armughan Kausar	Chief Compliance Officer	no data	no data	no data
Jamal Nasir	Chief Human Resources Officer	no data	no data	no data
Aamir Kureshi	Head of Consumer Agriculture & SME Banking	no data	no data	no data
Farhan Talib	Head of International	6.3yrs	no data	no data
Abrar Mir	Chief Innovation & Financial Inclusion Officer	no data	no data	no data
Faisal Lalani	Head of Financial Institutions & Remittances	6.2yrs	no data	no data
Adnan Siddiqui	Head of Development Finance	6yrs	no data	no data
Naeem Ahmad	Head of Corporate Strategy	6.3yrs	no data	no data

6.0yrs

Average Tenure

58yo

Average Age

Experienced Management: HBL's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Moez Jamal	Non-Executive Director	15.3yrs	PK₨20.85m	no data
Sultan Ali Allana	Chairman of the Board	20.3yrs	PK₨12.00m	no data
Syed Raza	Independent Director	6.6yrs	PK₨16.20m	0.000040% PKR 68.3k
Mufti Muhammad Asim	Resident Shariah Board Member	no data	no data	no data
Najeeb Samie	Non-Executive Director	10.8yrs	PK₨16.80m	0.0034% PKR 5.9m
Shaffiq Dharamshi	Non-Executive Director	9.2yrs	no data	no data
Muhammad Zubair Usmani	Chairman of Shariah Board	8.5yrs	no data	no data
Ejaz Samadani	Member of Shariah Board	no data	no data	no data
Khaleel Ahmed	Independent Director	3.1yrs	PK₨18.90m	0% PKR 0
Saba Kamal	Independent Director	3.1yrs	PK₨14.10m	0.00085% PKR 1.5m

8.8yrs

Average Tenure

68yo

Average Age

Experienced Board: HBL's board of directors are considered experienced (8.8 years average tenure).

Habib Bank Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Habib Bank Limited Appoints Usman Naveed Chaudhary as Company Secretary

Less than half of directors are independent

Recent updates

Full year 2023 earnings released: EPS: PK₨39.32 (vs PK₨23.23 in FY 2022)

Upcoming dividend of PK₨4.00 per share

Consensus EPS estimates fall by 12%

New major risk - Revenue and earnings growth

Third quarter dividend of PK₨4.00 announced

Price target increased by 12% to PK₨120

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: PK₨11.34 (vs PK₨7.85 in 3Q 2022)

Price target increased by 7.4% to PK₨122

Consensus EPS estimates increase by 16%

Investor sentiment improves as stock rises 16%

Upcoming dividend of PK₨1.50 per share at 9.0% yield

Price target decreased by 7.9% to PK₨144

Investor sentiment improves as stock rises 18%

Price target decreased to PK₨145

Less than half of directors are independent

Upcoming dividend of PK₨1.50 per share

Habib Bank Limited Appoints Usman Naveed Chaudhary as Company Secretary

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Less than half of directors are independent

Upcoming dividend of PK₨2.25 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of PK₨1.75 per share

Third quarter 2021 earnings released: EPS PK₨6.17 (vs PK₨6.85 in 3Q 2020)

Upcoming dividend of PK₨1.75 per share

Second quarter 2021 earnings released

Upcoming dividend of PK₨1.75 per share

Bank Alfalah Joins Race to Acquire Silkbank's Consumer Portfolio

Habib Bank Limited Announces Unaudited Consolidated Interim Impairment Charge for the Quarter Ended March 31, 2021

First quarter 2021 earnings released: EPS PK₨5.68 (vs PK₨2.79 in 1Q 2020)

Full year 2020 earnings released: EPS PK₨21.06 (vs PK₨10.45 in FY 2019)

Revenue beats expectations, earnings disappoint

Full year 2020 earnings released: EPS PK₨21.06 (vs PK₨10.45 in FY 2019)

Revenue beats expectations, earnings disappoint

New 90-day low: PK₨125

Price target raised to PK₨164

New 90-day high: PK₨140

Analysts update estimates

Habib Bank Limited Declares No Dividend for the Quarter Ended September 30, 2020

Third-quarter earnings released: Revenue and earnings beat expectations

Third quarter earnings released

New 90-day high: PK₨139

Price target lowered to PK₨146

New 90-day high - PK₨136

New 90-day high - PK₨135

Analysts update estimates

New 90-day high - PK₨128

New 90-day high - PK₨109

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age