Karachi: Askari Bank Limited (AKBL) has announced the appointment of Mr. Zia Ijaz as its new President and Chief Executive Officer. This decision was made during a board meeting held on Friday, January 24, 2025. Mr. Ijaz will assume his role for a term of three years, pending the successful clearance of his Fit and Proper Test (FPT) by the State Bank of Pakistan (SBP) and compliance with all relevant laws, rules, and regulations.

The board expressed their gratitude to Mr. Saleem Anwar for his exceptional leadership and service as the Acting President & CEO. Mr. Anwar will continue to serve in this capacity until Mr. Ijaz officially assumes the role.

According to information available from the Pakistan Stock Exchange (PSX), Askari Bank Limited is a prominent entity within the designated market category, maintaining its robust presence and influence in the financial sector.

This appointment marks a significant development for Askari Bank Limited, reflecting its commitment to strong leadership and strategic growth. The bank's board is confident that Mr. Ijaz's expertise and vision will drive the institution forward, enhancing its operational efficiency and market position.