LONDON: Minister for Finance and Revenue Senator Muhammad Aurangzeb met with senior executives of Deutsche Bank at the Pakistan High Commission in London to discuss Pakistan’s macroeconomic reform agenda and explore opportunities for enhanced financial cooperation.
The Deutsche Bank delegation included Shrikant Padmanabhan, Managing Director, Global Head of Emerging Markets Structuring, FIC Trading; Myriam Ouazzani, Managing Director, Sub-Sahara Africa Coverage, Institutional Client Group; Kamran Zaidi, Director, Chief Country Officer, Deutsche Bank Pakistan; and Usman Javed, Director, Head of Loan Syndication, CEEMEA, FIC Trading, said a press release.
During the meeting, the Finance Minister provided an overview of the government’s reform priorities, focusing on fiscal consolidation, inflation control, public sector restructuring, and the creation of a more investor-friendly regulatory environment.
Deutsche Bank was also briefed on Pakistan’s privatization agenda, which is aimed at enhancing efficiency, attracting investment, and reducing the fiscal burden on the state.
Key areas for Deutsche Bank’s potential engagement were discussed, including syndicated loans, debt capital markets, trade finance, and sustainable finance—particularly for clean energy projects.
The Minister emphasized Pakistan’s interest in innovative financing tools such as blended finance mechanisms, private placements, and targeted trade finance solutions for small and medium-sized enterprises (SMEs).
Both sides acknowledged the importance of strengthening trade finance infrastructure, and the potential role Deutsche Bank’s global network could play in facilitating cross-border trade and improving access to capital for Pakistani businesses.
It was agreed that continued engagement between the Government of Pakistan and Deutsche Bank would be of mutual benefit, supporting Pakistan’s economic development while opening new opportunities for collaboration.
