United Bank Limited Announces New CFO Appointment

Stock Exchange Announcements

Karachi: United Bank Limited (UBL) has officially announced a key executive change within its leadership structure. Syed Manzoor Hussain Zaidi has been appointed as the new Chief Financial Officer (CFO), effective from 1 August 2024. This strategic appointment comes as Mr. Arif Akmal Saifie steps down from his longstanding role as CFO to take on a new position as Group Executive UBL International.

According to information available from the Pakistan Stock Exchange (PSX), the transition in UBL's financial leadership is set to influence the bank’s strategic direction moving forward. Syed Manzoor Hussain Zaidi, with his extensive experience in financial management and strategic planning, is expected to further enhance UBL's financial operations and performance.

The bank has also communicated these changes to TRE Certificate Holders to ensure transparency and adherence to regulatory guidelines. This move reflects UBL's commitment to maintaining strong leadership to support its expansive financial services and international banking operations.