Karachi: Meezan Bank Limited has announced a significant leadership transition with the appointment of Dr. Syed Amir Ali as the new President and Chief Executive Officer, effective December 30, 2025. Dr. Ali assumes the role from Mr. Irfan Siddiqui, the founding President and CEO, who has been a pivotal figure in the bank’s establishment and development.

The Board of Directors of Meezan Bank has expressed its appreciation for Mr. Siddiqui’s leadership and contributions, acknowledging his role in transforming Meezan Bank into a major player in Pakistan’s corporate landscape and a trendsetter in the global Islamic banking industry. His efforts have been credited with laying the groundwork for Islamic banking in the country and propelling the bank’s growth trajectory.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Siddiqui will remain involved with Meezan Bank, continuing his service as a member of the Board of Directors. This move is seen as a strategic step to ensure continuity and leverage his extensive experience as the bank navigates future challenges and opportunities.

The announcement marks a new chapter for Meezan Bank as it positions itself for the next phase of growth under Dr. Ali’s leadership. Stakeholders and certificate holders have been informed about this leadership change, signifying a continued commitment to transparency and governance in the market.