PCB appoints Faisal Hasnain as new CEO
The Pakistan Cricket Board (PCB) named Faisal Hasnain as its new chairman on Monday, according to a statement from the Cricket Association.
Hasnain replaced the vacant post with Wasim Khan, who stepped down in September following the appointment of Ramiz Raja as the new CEO.
The PCB statement states that Hasnain was selected after a “robust recruitment process” and will officially take over the helm from January 2022.
"Hasnain is a registered public accountant in the UK and has over 35 years of senior financial and sports administrative roles with some of the world's leading blue-chip organizations, including serving as chief financial officer in Monaco and Dubai." (CFO) of the International Cricket Council (ICC) and as Managing Director of Zimbabwe Cricket (ZC) ”, says the statement about his references.
PCB chairman Ramiz Raja said he was "pleased" to confirm the appointment and welcomed Hasnain to the Pakistani cricket family.
“Faisal is a well-known figure in world cricket and is highly regarded, respected and trusted for his excellence in corporate governance, financial management and commercial acumen. With the plans I have for the PCB, Faisal will be a perfect fit as he can use his vast experience and knowledge to help us achieve our commercial and financial goals of making Pakistan's cricket bigger and stronger "became he cited in the statement.
The new CEO said he was "honorable and privileged" to have the opportunity and thanked Raja and the Board of Governors for their trust in him.
Hasnain said he is determined to do his part in realizing the chairman's vision for cricket, meeting fans' expectations, strengthening old relationships and building new partnerships.
"These are exciting times in Pakistani cricket and I look forward to working closely with my colleagues from PCB so that together we can further improve the image, reputation and profile of this great institution," he said.
As CFO of the ICC, Hasnain managed a total financial portfolio of around $ 3 billion, according to the PCB press release, and was also involved in the sale of the ICC's commercial rights for the 2007-2015 and 2016-2023 trading cycles.
At ZC, he was instrumental in refinancing its trade debts, made the financial agreements between ZC and the ICC, secured the funding and status of ZC within the ICC and secured the hosting rights for the ICC Cricket World Cup Qualifier 2018, added the PCB added.