Deutsche Bank on Tuesday announced the appointment of Faizan Mitha as Managing Director and Chief Country Officer for Pakistan. Mitha will succeed Shazad Dada. As Chief Country Officer, Mitha will have responsibility for Deutsche Bank in Pakistan across all businesses, and will manage the Bank's operations in the country from Karachi. He will report to Robert Rankin, CEO Asia Pacific (ex Japan).
Mitha has 25 years of experience in the financial industry, most recently as Group Executive, Global Treasurer for Habib Bank Limited in Pakistan. Prior to that role, Mitha held senior positions at a number of international financial institutions across South Asia, the Middle East, and Europe.
Deutsche Bank Chief Executive Officer for Asia Pacific Robert Rankin said: "We would like to thank Mahmood Qureshi, Chief Operating Officer for Pakistan, for the significant contribution he had made while serving as acting Chief Country Officer for Pakistan since June 2010. We are confident that Faizan's depth of experience in the global financial markets and on the ground in the country will make him successful in bringing our business in Pakistan from strength to strength." Deutsche Bank is also actively involved in broader community efforts in Pakistan, through significant contributions towards relief aid as well as other ongoing social welfare projects in the country.-PR