Badar Ikram Head - Corporate Risk Management - Faysal Bank - Integral part of the Credit Risk Committee which approves all Corporate Risk exposures within the Bank. - Manage and oversee a Credit Analyst team comprising of individuals country-wide. - !valuate" #uestion and recommend risk exposures $ased on the Bank%s credit appetite and capital. - Regularly interact with ma&or customers and $usiness units to evaluate new clients and high risk exposures. - Conducting Industry 'tudies" managing 'ectoral Caps and providing recommendations for Internal Risk Rating" (acility Rating as well as RAR)C*effective Capital Management models. - Responsi$le for conducting Rapid +ortfolio Reviews $ased on external economic and political factors. - Responsi$le for training and developing Credit Analysts as well as holding formal training sessions for the Relationship team. Majid Ali Syed Chief Finance Ocer - Faysal Bank I am responsi$le for all functions relating to the position including, - 'trategic planning" monitoring implementation and updation - Budgeting and $usiness planning - MI' - ax planning - !xpenses Control - 'tatutorycompliance Central Bank reporting - +ayments and (ixed Assets - Coordination with the !xternal Auditors for,- o /ocal reporting 0 +akistan has adopted most of the accounting and financial reporting standards o 1roup reporting to Ithmaar 1roup of Bahrainunder Accounting" Auditing and 1overnance 'tandards for Islamic (inancial Institutions o 1roup reporting to 2ar 3l MaalIslami" 'wit4erland under I(R' framework
Badar IkramHead - Corporate Risk Management - Faysal Bank
- Integral part of the Credit Risk Committee which approves all
Corporate Risk exposures within the Bank.- Manage and oversee a
Credit Analyst team comprising of 8 individuals country-wide.-
Evaluate, question and recommend risk exposures based on the Banks
credit appetite and capital.- Regularly interact with major
customers and business units to evaluate new clients and high risk
exposures.- Conducting Industry Studies, managing Sectoral Caps and
providing recommendations for Internal Risk Rating, Facility Rating
as well as RAROC/effective Capital Management models.- Responsible
for conducting Rapid Portfolio Reviews based on external economic
and political factors.- Responsible for training and developing
Credit Analysts as well as holding formal training sessions for the
Relationship team.
Majid Ali SyedChief Finance Officer - Faysal Bank
I am responsible for all functions relating to the position
including:- Strategic planning, monitoring implementation and
updation- Budgeting and business planning- MIS- Tax planning-
Expenses Control- Statutorycompliance & Central Bank reporting-
Payments and Fixed Assets- Coordination with the External Auditors
for:-o Local reporting Pakistan has adopted most of the accounting
and financial reporting standardso Group reporting to Ithmaar Group
of Bahrainunder Accounting, Auditing and Governance Standards for
Islamic Financial Institutionso Group reporting to Dar Ul
MaalIslami, Switzerland under IFRS framework
Recommendation: Faysal Bank should focus on reducing its
liabilities by giving more shares in the stock market to get equity
investment. Faysal Bank should convert its entire system from
commercial banking to Islamic banking because in Islamic banking
there are no bad debts as personal loans are not given.
