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Atif R. Bokhari was the President and currently the Chief Executive Officer of NIB Bank is Yameen Karai. Teo Cheng San, Roland has been an independent Chairman of the Board of NIB Bank since 1 August 2011.
The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also became members of the Bank. NIB’s headquarters are located in Helsinki, Finland.
NIB Bank Limited, a Temasek's subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore, through which is managed a portfolio of more than US$100 billion, focused primarily in Asia.
PICIC Commercial Bank Limited was incorporated in 1993 as Schön Bank Limited and commenced its business on 4 April 1994, with a paid-up capital of PKR 500 Million. In 1997, Al Ahlia Portfolio Securities Company, Sultanate of Oman acquired the major shareholding and changed the bank’s name to Gulf Commercial Bank Limited.
Hon Ken Ofori-Atta, in a statement to the NIB, encouraged the bank's Board of Directors to put in the effort needed to transform the bank into a profitable national asset. It's worth noting that in 2020, the bank received a significant infusion of GHC 800 million to bolster its capital position. [11] However, NIB could not meet its objective. [12]
Nordic Investment Bank (NIB), Ex-Officio Member of the Board of Governors (since 2022) [2] World Bank , Ex-Officio Alternate Member of the Board of Governors [ 3 ] See also
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President, Federation of Pakistan Chamber of Commerce & Industry (FPCCI) Member, Board of Governors of the Institute of Business Management Member, Board of Governors of Greenwich University, Karachi