Bank Alfalah Limited Announces New Directors and Leadership Appointments

Karachi, Bank Alfalah Limited held an Extraordinary General Meeting (EOGM) on 27th May 2024 in Karachi and via electronic means for the election of its board of directors. The meeting resulted in the unanimous election of nine directors for a three-year term starting from 27th May 2024, pending approval from the State Bank of Pakistan.

The elected directors are H.H. Sheikh Nahayan Mabarak Al Nahayan, Mr. Abdulla Nasser Hawaileel Al Mansoori, Mr. Abdulla Khalil Al Mutawa, Mr. Khalid Marta Saeed Al Otaiba, Dr. Ayesha Khan, Dr. Gyorgy Tamas Ladies, Mr. Khalid Qurashi, Mr. Efstratios Georgios Arapoglou, and Mr. Atif Aslam Bajwa. According to information available from the Pakistan Stock Exchange (PSX), following the EOGM, an emergent board meeting was convened to address regulatory compliance and leadership appointments.

At this subsequent meeting, the board elected His Highness Sheikh Nahayan Mabarak Al Nahayan as the Chairman of the Board of Directors and re-appointed Mr. Atif Aslam Bajwa as the Chief Executive Officer of the Bank, both for a period of three years effective from 27th May 2024.