Karachi: Askari Bank Limited has announced a significant leadership change with the appointment of Mr. Imran Ali Shah as the new Chief Financial Officer (CFO), effective immediately. This development was disclosed in a statement following the approval by the Bank's Board of Directors.

The announcement comes as a follow-up to a prior communication dated May 18, 2026, which detailed the interim appointment of Mr. Ali Safdar Naqvi as the acting CFO. Mr. Naqvi, who also holds the position of Company Secretary, was temporarily assigned the additional responsibilities of CFO until a permanent appointment was made.

Mr. Shah joins Askari Bank Limited as a Senior Group Executive, a position that underscores the trust and expectations placed upon him by the Bank's leadership. He succeeds Mr. Naqvi, who will now solely focus on his duties as Company Secretary, maintaining continuity in that crucial role.

According to information available from the Pakistan Stock Exchange (PSX), Askari Bank Limited operates within the designated market category of financial institutions, a sector that plays a critical role in the country's economic framework.

The Bank expressed satisfaction with the seamless transition and confidence in Mr. Shah's ability to lead the financial operations of the institution. This strategic move is anticipated to enhance the Bank's financial management and contribute to its overall growth objectives.