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 Vice Chairman of the Board of Directors of Summit Bank Limited. He is also the Chief Executive Officer of the Institute of Bankers Pakistan and Chairman of the Board of Directors of GlaxoSmithKline Consumer Healthcare Pakistan Limited. Furthermore, he also serves on the boards of GlaxoSmithKline Pakistan, Wyeth Pakistan Limited and The Searle Company Limited.

Mr. Lawai is a seasoned banker with vast experience in the banking and financial services industry of this region. He is credited with being a key enabler of the local Islamic banking system through the formation of Faysal Islamic Bank, the first Islamic Shariah Compliant Bank of Pakistan. 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 previously as the President and CEO of MCB Bank, Regional General Manager, Faysal Islamic Bank, and Regional General Manager for Emirates NBD.

Internationally, he has notably served as the Director of Security Investment and Finance Limited – United Kingdom, External advisor to several UK & European Banks. Apart from this, Mr. Husain is a member of the Board of Governors of Karachi Grammar School and served as Member of Board of Governors of Virtual University, Lahore.

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