Amir Ali appointed as Deputy CEO of Meezan Bank Limited

July 10, 2023 (MLN): The Board of Directors (BoD) of Meezan Bank Limited (PSX: MEBL) has appointed Syed Amir Ali as the Deputy President and Deputy CEO of the bank.

He has been announced as the successor to the President & CEO position upon the retirement of the founding president and CEO in 2025.  He is expected to join the bank on October 01, 2023.

At present, he is serving as the CEO and President at BankIslami, where he has already demonstrated notable contributions to the bank’s growth.

It is important to note that the aforesaid appointment is subject to the receipt of applicable regulatory approvals, including but not limited to Fit and Proper Test clearance from the State Bank of Pakistan (SBP).

Syed Amir Ali's dedication, expertise, and leadership have earned him this prestigious role.

His extensive qualifications further highlight his remarkable achievements in the financial industry. As a Chartered Accountant, he received the prestigious Gold Medal from both the Institute of Chartered Accountants of Pakistan and the Institute of Chartered Accountants in England & Wales.

Additionally, he holds the esteemed CFA (Chartered Financial Analyst) Charterholder designation, further solidifying his expertise. Ali's academic pursuits also include an MBA, in which he secured a Gold Medal, and an LLB degree.

These diverse credentials serve as a testament to Syed Amir Ali's exceptional progression and success within the financial industry, making him a highly qualified and accomplished professional.

The BoD of MEBL unanimously decided to extend the tenor of Mr. Irfan Siddiqui as the Founding President & CEO of the bank till December 29, 2025.

Mr. Ariful Islam will continue to act in his present role as Deputy CEO until April 18, 2024. It is noted that Mr. Ariful Islam was anticipated to succeed the Founding President & CEO as the next President & CEO of Meezan Bank Limited upon the Founding President & CEO's retirement.

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