Karachi: Apna Microfinance Bank Limited has announced the appointment of Ms. Sultana Naheed as an Independent Director on its Board, effective October 29, 2024. This development follows the clearance from the State Bank of Pakistan, as confirmed in a letter dated December 2, 2024.

Ms. Naheed's addition to the Board marks a notable step for Apna Microfinance Bank Limited in aligning with governance standards set forth by the financial regulatory authority. According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders have been informed of this significant appointment.

The appointment of Ms. Naheed is expected to contribute to the bank's strategic direction and governance. Details regarding her professional background and future contributions to the bank's objectives have not been disclosed at this time.