Michael Garments

Mr. Farrukh Iqbal Khan, President & CEO First Women Bank Ltd., is a career banker with over 28 years of experience in the areas of Credit, General Banking, Operations, Digital Banking, Corporate Governance, Insurance and Mutual Funds Management.

Prior to his appointment as President FWBL, Mr. Iqbal was working with Askari Bank as SEVP / Group Head Operations, where he was actively involved in the strategic planning of the Bank. He played a vital role in the day-to-day decision-making of the Bank’s core areas such as Business, HR, Finance, Information Technology as well as liaising with regulatory institutions.

His interests and commitment enabled him to avail opportunities which helped in shaping him into a competent and successful banker. He has also held key positions with Askari Bank such as the Chief Credit Officer and Head of Audit.

Mr. Iqbal also served as the Chairman of the Board of Directors of 1Link (Private) Limited, as well as Director on the Board of Askari General Insurance Company Ltd. (AGICO) and Askari Investment Management (AIM).

He started his career in 1993 as a Central Banker with the State Bank of Pakistan, where he served for 10 years and played an active role in the formulation of various regulatory frameworks. Later, he moved to Commercial Banking.

Academically, Mr. Iqbal has a Master’s Degree in Business Administration. Professionally, he is CISA (USA) and CICA (USA) qualified, along with a Banking Diploma from the Institute of Bankers Pakistan.

He has also received the Certificate for Directors Education from the Pakistan Institute of Corporate Governance.