Mansoor Durrani

Mansoor Durrani is a prominent figure in the banking sector, currently serving as the Executive Vice President and Head of Project Finance at The Saudi National Bank (SNB), previously known as the National Commercial Bank (NCB). He joined NCB in early 2004 and was appointed head of project finance in 2007, where he has played a crucial role in building the bank's project finance portfolio from the ground up.

Professional Background

Durrani has extensive experience in project finance, having been involved in financing projects worth over $50 billion across various sectors, including petrochemicals, power, water, and oil and gas. His leadership in significant deals includes the Shuaibah Independent Water and Power Project (IWPP) and the Rabigh Independent Power Project (IPP) among others. Under his guidance, NCB has committed approximately $10 billion to various projects, establishing itself as a key player in the Saudi project finance market.123

Before his tenure at NCB, Durrani worked with notable organizations such as Lazard, the Islamic Development Bank, and the International Investment Bank in Moscow. He holds a doctorate in private equity from Loughborough University in the UK, which complements his expertise in Islamic finance.23

Contributions and Achievements

Durrani has been instrumental in advancing NCB's strategy towards Islamic banking, ensuring that a significant portion of the bank's operations is Shari'a-compliant. He has led numerous high-profile deals that have received recognition in the industry, contributing to the bank's reputation as a leader in project finance within the Middle East.34

His work not only focuses on financial success but also emphasizes the socio-economic impact of the projects funded, aligning with the principles of Islamic finance and nation-building efforts in Saudi Arabia.3

Overall, Mansoor Durrani's leadership and expertise have significantly shaped the project finance landscape in Saudi Arabia, making him a key figure in the banking industry.