Board of Directors

Central Depository Company of Pakistan Limited (CDC) is the only depository in Pakistan

Husain Lawai

Chairman of the Board of Directors

Husain Lawai

Mr. Husain Lawai is a seasoned banker with vast experience in the banking and financial services industry of this region. His significant career has seen him serve, most recently, as the President and Chief Executive Officer of Summit Bank, a position he retired from in February 2016, and as the President and CEO of MCB Bank and Atlas Bank, respectively.

Currently, Mr. Lawai is Chief Executive of the Institute of Bankers Pakistan. He also serves as the Vice Chairman of Summit Bank, while also serving on the Boards of Directors of GlaxoSmithKline Pakistan, GlaxoSmithKline Consumer Healthcare Pakistan Limited, Wyeth Pakistan Limited and The Searle Company Limited. Apart from this, he is a member of the Board of Governors of Karachi Grammar School and Virtual University of Pakistan.

Mr. Lawai is credited with being a key enabler of the local Islamic banking system through the formation of Faysal Islamic Bank, the first Islamic Sharia Compliant Bank of Pakistan.

In terms of international work experiences, he has notably served as the Director of Security Investment and Finance Limited – United Kingdom, and was General Manager, Emirates NBD Bank for Pakistan and Far East. He has also served on the Board of Directors of PIA and State Life Corporation of Pakistan.

He holds a Masters Degree in Business Administration from Institute of Business Administration, Karachi.