Mr. Riyadh S.A.A. Edrees elected Chairman of Meezan Bank’s Board of Directors

Karachi, November 24, 2015 (PPI-OT): The newly appointed Board of Directors of Meezan Bank held their 72nd Board meeting on Thursday November 19th to consider various business matters and to also elect the Chairman of the Board. Accordingly, Mr. Riyadh S.A.A. Edrees has been unanimously elected as the Chairman of the Board.

Mr. Edrees represents the largest shareholder of Meezan Bank, Noor Financial Investment Company and is the Deputy CEO of National Industries Group (NIG) – the largest private sector industrial group in Kuwait. He has been with NIG for almost 20 years in various senior capacities and brings with him rich experience and wisdom. He has been on the Board of Meezan Bank since 2012 and has played a pivotal role in bringing Meezan to the level it is today as the leading and premier Islamic Bank of the country.

The honourable Chairman along with the Consul General of Kuwait and two board members Mr. Bader H.A.M.A. AlRabiah and Mr. Faisal A.A.A. Al-Nassar visited Meezan Bank’s Head Office recently and met the Bank’s senior management team as well as other Head Office staff.

While speaking to the Bank’s staff at this occasion, Mr. Riyadh reaffirmed his love for Pakistan and his commitment towards the success of Islamic Banking and Meezan Bank. He admired the success achieved by Meezan Bank towards the establishment of Islamic Banking in Pakistan and asserted his confidence that with the stewardship of the Board and the efforts of the Bank’s staff, Meezan Bank will Insha’Allah achieve greater and greater heights.

For more information, contact:
Meezan Bank Limited
Meezan House, C-25 Estate Avenue,
SITE, Karachi
Tel: +92-21-38103500
Fax: +92-21-36406049
Website: www.meezanbank.com