Global law institution Norton Rose Fulbright has elected Pakistani lineage London capital markets and Islamic finance partner Farmida Bi as its global chair, with effect from January 1, 2022.
Norton Rose Fulbright is a universal law firm that gives the world’s outstanding establishments and economic organizations a full commercial law facility.
The firm’s Global Chief Executive Gerry Pecht made the development announcement: “Farmida has distinguished herself as a leader at our firm and an award-winning lawyer in the global business community.”
“There used to be very few senior women or people of color,” Farmida Bi recollected, underlining that corporations are now trying to be much more inclusive and letting individuals curlicue in harmony with their aptitudes.
Farmida, entitled as one of Britain’s top five most powerful Muslim women by The Times on its “Muslim Women Power List”, was also acknowledged for her utmost services to the law and charity by The Queen in the Birthday Honours 2020 list by being made a Commander of the Most Excellent Order of the British Empire (CBE).
Farmida Bi will begin leading the firm on 1 January
Moreover, Norton Rose Fulbright said in a statement that Farmida’s management and practice have been recognized with honors such as the Financial News “Top 20 Most Influential in Legal Services 2021” and “100 Most Influential Women in European Finance” from 2019-2021; the “Outstanding Practitioner Award 2019” at the Euromoney, Europe Women in Business Law Awards; the HERoes Top 100 Role Model List 2020 and 2019; the Lawyer’s Hot 100 Leaders 2019; the Financial Times “100 Innovative Lawyers Europe 2018”; and “Finance Team of the Year 2018” at the Legal Business Awards.
Shedding light on the problems she predicts as she undertakes her new duty, Farmida Bi said: “We are not through the pandemic yet either, so rebuilding connections, supporting and training junior colleagues, and adapting to hybrid working, as well as supporting our clients who are responding to the climate emergency, will be important areas of focus for me.”
Farmida was born in Pakistan, though, in her childhood, she with her family moved to the United Kingdom. Nevertheless, the new head has particular detailed strategies for her home country.