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Karachi, Soneri Bank Limited announced the passing of its Chairman, Mr. Alauddin J. Feerasta, on Thursday, 14 March 2024, 3rd Ramadan 1445 Al Hijri. The bank expressed deep sorrow over the loss of its founding member, acknowledging his significant contributions to the bank’s development and success.
The announcement highlighted Mr. Feerasta’s “untiring services & contributions” to the bank and stated that his efforts will always be remembered. It also mentioned that the casual vacancy created on the Board by his demise would be filled in accordance with regulatory requirements. The bank requested that this information be communicated to the TRE Certificate Holders of the Pakistan Stock Exchange.