Islamabad: The Government of Pakistan has officially appointed Imran Sarwar as the new President and Chief Executive Officer of the National Bank of Pakistan, according to a notification from the Finance Division. This appointment, effective immediately, is set for a term of three years and is contingent upon Mr. Sarwar's clearance of the Fit & Proper Test by the State Bank of Pakistan.

As per the notification dated September 3, 2026, and issued under Notification No. F.No.1(9) BkgIII/2022-696, the decision was made under the authority granted by Section 11(3) (a) of the Banks (Nationalization) Act, 1974. The move is part of the government's broader strategy to ensure robust leadership within its banking sector.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of Mr. Sarwar's appointment has been noted by market analysts, although its immediate impact on the bank's stock performance remains under observation. The National Bank of Pakistan holds a significant position within the financial sector, and leadership changes are closely monitored by investors and stakeholders alike.

Mr. Sarwar's appointment will be published in the Official Gazette of Pakistan, Part-III, confirming the formalities required for such a critical position within the country's banking system. The banking community and stakeholders await the outcomes of his leadership at the National Bank of Pakistan, one of the country's largest financial institutions.