StanChart gets new global head for Islamic banking
Wasim Akhtar Safi has been appointed as the global head of Islamic banking for its consumer banking business of Standard Chartered Bank, it said in a statement yesterday. His appointment has been effective from January 2011.
Safi, based in Singapore, has a strong background in Islamic banking, according to the statement. His experience includes being chief executive officer for a UAE-based Islamic mortgage finance firm and head of retail banking for Dubai Islamic Bank.
He was previously with Standard Chartered for 17 years, holding various roles, including CEO for Sri Lanka, before he left the bank in 2003.
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