Abu Dhabi Group gets new president

KARACHI – Abu Dhabi Group (ADG) Chairman Nahyan Bin Mubarak Al Nahyan, has announced the appointment of Atif Bajwa as President of the Abu Dhabi Group in Pakistan. Bajwa will be responsible for overseeing the group’s diverse holdings in Pakistan and for driving them towards profitable growth and maximum return for shareholders. He will also play a role in overseeing some of the group’s international assets.
Atif Bajwa has international management experience of over 28 years and has worked in Europe, US, the Far East, the Middle East and Pakistan. Having started his career in Citibank Karachi as a corporate banker in 1982, he handled different assignments with Citibank in Pakistan, the United States and Bahrain. He joined ABN AMRO Bank and was appointed Country Manager of Pakistan in 1995.
In 1998, he moved to Singapore as the Consumer Banking Head for Asia Pacific and subsequently was assigned as an EVP at ABN AMRO’s Head Office in Amsterdam. In mid 2001, he returned to Citibank as the Regional Head for Central and Eastern Europe. In 2005, he moved to Dubai with Mashreqbank to run the Retail Banking Group. He returned to Pakistan in 2007 as President and Chief Executive Officer of MCB Bank Limited and served in the position until June 2010.
He had most recently headed Soneri Bank in a capacity of CEO. Bajwa’s appointment is part of the Abu Dhabi Group’s restructuring of its investments globally and specifically in Pakistan. The group indicates that this is an important move to strengthen both management and direction of businesses. This commitment to Pakistan was recently affirmed by Sheikh Nahyan Bin Mubarak Al Nahyan in his press statement.
The Group stressed its commitment in terms of its support to all its holdings in the country and claimed that the company is focused on the interests of customers and employees and is committed to establishing all its companies among the finest institutions. The chairman stated that, “Our Group is committed to providing the resources necessary for the highest quality of operations.