Karachi: Apna Microfinance Bank Limited has announced the appointment of Mr. Nazish Ali as its Acting President and CEO, effective from November 30, 2024. This significant leadership change was made following the clearance by the State Bank of Pakistan, which was officially received via a letter dated January 24, 2025.

Apna Microfinance Bank Limited, operating within the designated market category of microfinance banking, aims to enhance its strategic direction under the new leadership. Mr. Ali's appointment is expected to drive growth and innovation within the organization as it continues to provide essential financial services to underserved communities.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders of the Exchange have been notified about this transition. The bank is optimistic that Mr. Ali's expertise and leadership will contribute to its mission of empowering small businesses and individuals through accessible financial solutions.

With Mr. Nazish Ali at the helm, Apna Microfinance Bank Limited is poised to strengthen its position in the market and deliver on its promise of financial inclusion and sustainability.