DIB to launch new strategy for growth opportunities
ISLAMABAD—Dubai Islamic Bank (DIB) Pakistan is set to capitalise on growth opportunities in the country by launching its new strategy to strengthen its position in fast growing banking sector of Pakistan. Dubai Islamic Bank’s group chief executive officer Dr Adnan Chilwan, who recently visited Pakistan to outline the group’s detailed growth strategy for the franchise in the country, said Pakistan is a strategic country for DIB Group and its subsidiary here is an integral part of the group’s ever-expanding global operations.
“Our consolidated performance at the group level has been phenomenal in past two years despite the challenging global macro-economic landscape and this is time to replicate the same success in Pakistan,” Dr Chilwan said during an interview. Dr Chilwan, a leading authority in the field of Islamic banking and finance, made his first- ever visit to Pakistan in April to mark the first decade of successful operations of DIB Pakistan.
He also launched new defined strategy that repositions the bank’s medium-term plans alongside the transformational growth the group has achieved as part of their 2014-16 strategic agenda. He also unveiled the bank’s new identity and branding to reinforce the alignment of DIB Pakistan with the group’s overall positioning. “Outperforming the market by three to four times consistently over the last eight quarters meant not just capitalizing on existing business but also creating opportunities where none existed. Whilst being cognizant and aware of the business and geopolitical environment around us, we worked together to create this platform, which now promises sustained future performance as long as we keep our focus and commitment intact,” Dr Chilwan said.—Agencies
ISLAMABAD: Mian Umair Javaid COO ChenOne Stores with HE Thomas Drew British High Commissionor during his visit to ChenOne Store.