Standard Chartered Bank (Pakistan) Limited Elects New Directors

Karachi: The shareholders of Standard Chartered Bank (Pakistan) Limited have successfully elected a new board of directors during an Extra Ordinary General Meeting held on April 28, 2025. This election follows compliance with Clause 5.6.9 (b) of the Rule Book of the Pakistan Stock Exchange, which mandates such resolutions to be reported.

The newly elected board members, who will serve a three-year term starting April 29, 2025, include Mr. Christopher Parsons, Mr. Rehan M. Shaikh, Ms. Rola Abu Manneh, Mr. Sheikh Jobe, Mr. Ehsan Au Malik, Mr. Badaruddin Fatehali Vellani, and Mr. Ghiasuddin Khan. Their appointments are subject to approval from the State Bank of Pakistan, as required for all director positions in financial institutions.

According to information available from the Pakistan Stock Exchange (PSX), the election is part of routine governance measures adopted by the financial institution to ensure compliance with regulatory requirements. The PSX serves as the designated market category for the bank's shares and associated financial activities.

The resolution for the election of directors was certified as a true copy, confirming the legitimacy of the proceedings and the decisions taken during the meeting. The meeting marks another step in the continuous governance and regulatory adherence process undertaken by Standard Chartered Bank (Pakistan) Limited.