LONDON: Prime Minister Muhammad Shehbaz Sharif on Tuesday held a series of meetings with senior executives from leading global financial institutions including Barclays, J.P. Morgan, Citi, BlackRock and Rothschild & Co during his visit to the United Kingdom.<\/p>\n
The engagements underscored growing international financial sector interest in Pakistan\u2019s economic reform trajectory and improving investment climate.<\/p>\n
Amid meeting Mohammad Kamal Syed, Head of Private Bank and Wealth Management UK at Barclays, the prime minister welcomed the bank\u2019s interest in Pakistan and briefed him on the government\u2019s macroeconomic stabilization measures, encouraging Barclays to explore opportunities in the country\u2019s financial sector.<\/p>\n
With a high-level delegation led by Matthieu Wiltz, Co-CEO for EMEA, J.P. Morgan, the prime minister discussed deepening the partnership across capital markets, trade finance, and investment banking, and invited the firm to expand its footprint in Pakistan.<\/p>\n
The delegation reaffirmed its interest in sovereign debt capital markets and corporate banking opportunities.<\/p>\n
The prime minister also met a group of senior officials of Citi, led by David Livingstone, Chief Client Officer. Prime Minister Shehbaz Sharif commended the bank\u2019s long-standing presence in Pakistan and encouraged an expansion of its corporate and institutional banking services in the country.<\/p>\n
In a meeting with a BlackRock delegation comprising Gordon Fraser and Sam Vecht, Co-Heads of Emerging Markets and Frontiers, and Emily Fletcher, Portfolio Manager and Research Analyst, the Prime Minister invited increased allocations to Pakistani equities and fixed income within the firm\u2019s frontier markets strategy, with both sides emphasizing the importance of sustained policy consistency in building investor confidence.<\/p>\n
In a meeting with Rothschild & Co, represented by Lord Mark Sedwill, Chair of Geostrategic Advisory and Mr. Majid Ishaq, Head of UK Investment Banking, discussions centered on Pakistan\u2019s geo-economic priorities and potential advisory collaboration on capital markets and investment strategy.<\/p>\n
Across all engagements, the visiting executives expressed confidence in Pakistan\u2019s economic reform momentum and reaffirmed their institutions\u2019 commitment to deepening engagement with the country\u2019s financial sector.<\/p>\n
The meetings reflect the growing traction of Pakistan\u2019s economic reform program among the world\u2019s leading financial institutions, and mark a significant step in the government\u2019s broader effort to strengthen international investor confidence and attract sustained capital flows into the country.<\/p>\n
Finance Minister Senator Muhammad Aurangzeb and Advisor to PM on Privatization and Chairman Privatization Commission Muhammad Ali were also present in the meetings.<\/p>\n","protected":false},"excerpt":{"rendered":"
LONDON: Prime Minister Muhammad Shehbaz Sharif on Tuesday held a series of meetings with senior executives from leading global financial institutions including Barclays, J.P. Morgan, Citi, BlackRock and Rothschild & Co during his visit to the United Kingdom. The engagements underscored growing international financial sector […]<\/p>\n
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