Abdul Wahid Sethi appointed acting NBP President, CEO

MG News | August 21, 2026 at 04:48 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 21, 2026 (MLN): The government has appointed National Bank of Pakistan (NBP) Chief Financial Officer Abdul Wahid Sethi as Acting President and Chief Executive Officer of the state-owned bank.

Abdul Wahid Sethi would run the bank's affairs on an interim basis for three months, or until a permanent President and CEO is put in place, whichever happens sooner, according to a notification issued.

The move falls under the requirements of the Corporate Governance Regulatory Framework.

Within banking circles, Abdul Wahid Sethi carries a reputation as a seasoned and capable professional, with colleagues pointing to his consistent success in navigating intricate financial and banking challenges.

His appointment takes effect immediately after the departure of Rehmat Ali Hasnie, whose term as NBP's President and CEO concluded on the same day, August 21.

Copyright Mettis Link News

Related News

PACRA maintains NBP's AAA long-term rating with stable outlook

NBP issues foreign exchange rates

Name	Price/Vol	%Chg/NChg
KSE100	177,166.52 410.56M	0.33% 574.76
ALLSHR	107,641.65 676.88M	0.48% 519.21
KSE30	52,670.80 88.28M	0.39% 203.40
KMI30	251,460.53 103.06M	0.76% 1891.30
KMIALLSHR	69,413.38 509.62M	0.79% 544.65
BKTi	49,984.79 26.85M	-0.30% -151.57
OGTi	36,423.05 16.04M	1.47% 527.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,945.00	79,625.00 72,670.00	4155.00 5.71%
BRENT CRUDE	93.98	94.34 92.74	0.20 0.21%
RICHARDS BAY COAL MONTHLY	110.50	110.50 110.50	0.25 0.23%
ROTTERDAM COAL MONTHLY	125.25	125.25 125.25	1.50 1.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.93	87.51 85.80	0.10 0.12%
SUGAR #11 WORLD	17.36	17.64 17.16	-0.16 -0.91%