NIB Bank Grabs Bank Al-falah’s Key Man Adil Rashid
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The trend of changing political parties by big guns in country politics scenario is popular nowadays but the phenomenon is always in fashion in the banking when a financial tycoon quits a leadership one bank from another one most often on merit basis as if in the case of if Adil Rashid, a senior and finest bank, current quit Bank Al-Falah to join NIB Bank. 
Many Congratulations to NIB management who hired an experienced banker to head its Retail, SME and Commercial Banking Division and it might be tough time to Bank Al-Falah to pick up an outstanding banker to head its Consumer Finance Department.
With a new guard in house, NIB Bank seems capable of expanding its business with extra mile to achieve its target in the highly competitive banking industry.
Adil Bashir is possessing more than two decades experience in financial and banking sector. He has undergraduate and postgraduate degrees in Finance and Accounting from Miami University and Marshall University.
Previously Shahid Sattar was heading same division of NIB Bank who left his job for personal reason having served banking industry for over 30 years.
Before joining NIB Bank, Mr. Sattar worked for Bank Al-Bilad in Saudi Arabia as Head of Retail Banking. Mr. Sattar had also been the Head of Retail and Commercial Banking at MCB for 10 years He has also worked with Citibank as Head Of Corporate at Faisalabad and Head Of CCU-North, Lahore.
On a relative note, it would be interesting to note that recently a lot of banks are on hunt for good talent and grabbing each others’ employees. Interesting and noteworthy changes are Bank Alfalah’s recently appointment of Mariam Agha from Faysal Bank and Mobilink’s Waseela’s appointment of their new CEO Ghazanfar Azzam, who was previously working for TCS Financials.
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Interesting that he left a bigger bank and join NIB
Better pay …
NIB IS IN LIST OF TOP 5 BANKS IN PAKISTAN HAVING CAPITAL OF OVER 40.4 BN.
THE PAID UP CAPITAL OF NIB BANK IS MORE THAN 50 BN….
Mr. Shahid Sattar is still with NIB Bank as group head retail and he is not at all leaving the Bank!! Who has given you the authority to post wrong information on your website. The post is reported to Mr. Shahid Sattar as well to take proper action against this!!
mr adil rasheed was good but not for the employees he banned everyone that nobody switch consumer finance to branch banking and now he moved retail banking. Wtf he tried to do he is genious former consumer finance employee bank alfalah
come on man, he was one of the best person i met with!! grow up
First of all Adil Rasheed was kicked out of Alfalah, he didn’t left by choice, Adil Rasheed is a pest, a lot of people know how many major Fraudulent activities occurred in Alfalah Consumer Finance div, his Head Of Fraud Management was amongst the people who were making easy money and was not caught by Alfalah, but by the reporting of several merchants.
Many people would also know about Bashir Tahir and how he his son and other cronies were forced out of the bank, Adil’s kicking out was already decided at that point.
I would not recommend any person to even come near the shares of NIB as I foresee a huge plunge.
Amir is right. Mr Adil Rashid was one of the Architects of the Consumer debacle that Bank Alfalah Ltd went through in mid 2000. Reputation within BAFL wasn’t exactly great either.
this is too strong a news to be just a rumour. it makes perfect sense. Mehreen ahmad has joined BAFL as SEVP & head of consumer business and new initiatives (website can be checked for reference). adil rashid is no longer relevant. as for mr sattar, it is also a very strong rumor that he is moving to soneri bank limited as its new president/ceo as mr aftab manzoor is contemplating moving on. its a rumour that is doing the rounds in soneri bank as well.
mr adil is really a good person but he call himself a ruthless person. well i worked under his management, wid all his good ethics he never layoff people but shuffle in different dept n he hate deceiving with your work, so guys in nib bank b alert!!!!!best wishes sir adil.
Welcome to Mr. Adil Rashid in NIB Bank. As an ex-boss of me I find him a very professional and disciplined administrator. The important quality of this man is, as Uroos said, he never lay off the employees who worked under his leadership. So I consider him as a great break through in the Consumer & SME business of NIB Bank Ltd. After the joining of CEO, Mr. Adil is the second best selection by the Temasek Group for NIB Bank Ltd.
Adil Sb. has huge challenges in the NIB Bank. He has to enhance the Consumer/ Retail Portfolio of NIB which is decling at present with no significant lending for the last almost two years. As an Ex-Employee of the NIB I have all the realities in front of me. So Best of Luck Adil Sb. for future Endevours.
Regards,
sab haram h sab bank ki nokrii
wow great news. ye alfalah k sath nahi chal saka jal nib b chordayga: p then what u say?
Dear u r right yah Alfalah k sath nahi chal saka , Alfalah consumer ka king tha yah Banda aur apnay staff Ki kis had tak protect karta tha yah be Pata nahi apko, ab Wo ess liye nahi chal saka kyu k ab new management nay Jo staff k liye roles rkhay hai Wo usay acceptable nahi thay tab Allah Pak nay usay izat di aur NIB nay khud usay offer Ki , offer to unko phalay hi bohat thi but Allah know better my dear so kisi k liye acha Nai Bol Saktay to bura be mat bolo
i think in these competent times, what usually matters is money and position, may be he is getting more bucks and higher position in NIB
Mr,Adil is a great man and inshallah may Allah give him all success In his life , log to khud ko be batain karty hai ( Adil Rashid is deserving person for every kind of success .