Business Desk

Selim Barkat, current Country Manager for Habib Bank Ltd. (HBL) Bangladesh, has been appointed as the Regional General Manager for HBL. With this appointment, Selim will cover HBL’s operations in Sri Lanka and Maldives in addition to his current responsibility for Bangladesh operations.

Selim joined HBL Bangladesh in August 2019. Prior to joining HBL, he spent 30 years with Citibank, N.A. in Bangladesh and USA working across Corporate Banking, Financial Institutions, Capital Markets and Risk Management.

During his tenure with Citibank, Selim worked as head of the Bermudan bank market, head of global not-for-profit business, portfolio manager for US technology, media and telecom sectors, US investment banks and broker dealers, and financial market infrastructures. His last role at Citibank New York was of Portfolio Banker and Senior Credit Officer covering North American insurance industry. Earlier he played a pivotal role in establishing the first branch of Citibank in Bangladesh.

Selim holds an MBA from the Institute of Business Administration, University of Dhaka. HBL, operating in Bangladesh for more than 45 years, is a bank of regional relevance with operations spread across multiple geographies. The Aga Khan Fund for Economic Development (AKFED) owns 51% shareholding and the management control of HBL while remaining shares are held by individuals, local and foreign institutions, and funds, including the British International Investment (BII) and the International Finance Corporation (IFC).