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Karachi, August 24, 2012 (PPI-OT): Extra Ordinary General Meeting of the Shareholders of Allied Bank Limited (ABL) was held on Thursday the 23rd August, 2012 at Hotel Avari, Lahore.
Besides other items election of the directors was also on the agenda of the meeting. The members were informed that pursuant to Section 178 (3) of the Companies Ordinance 1984 the following persons have filed notices with the Bank offering themselves to be elected as Directors for a period of three years commencing from 23rd August, 2012.
1) Sheikh Mukhtar Ahmad
2) Mohammad Naeem Mukhtar
3) Muhammad Waseem Mukhtar
4) Abdul Aziz Khan
5) Sheikh Jalees Ahmed
6) Mubashir A. Akhtar
7) Pervaiz Iqbal Butt
The Shareholders were further informed that since the number of persons who have offered themselves to be elected as Directors is not more than the number fixed by the Board in terms of Section 178 (1) of the Companies Ordinance 1984, besides one government nominee director and the CEO, the above named persons stand elected as Directors of the Company for a period of three years w.e.f. 23rd August, 2012, subject to clearance of their names by the State Bank of Pakistan.
The Shareholders accordingly unanimously passed resolution regarding election of Directors.
For more information, contact:
Muhammad Raffat
Company Secretary
Allied Bank Limited
8 Kashmir Road,
Lahore- 54000, Pakistan
Website: www.abl.com.pk