MCB appoints Shoaib Mumtaz as CEO

MG News | December 08, 2021 at 02:48 PM GMT+05:00

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December 8, 2021 (MLN): The Board of Directors of the MCB Bank Limited (PSX: MCB) has approved the appointment of Mr. Shoaib Mumtaz as Acting President & Chief Executive Officer (CEO) of the bank effective from December 21, 2021, the company filing on PSX showed on Wednesday.

To note, the existing term of three years of Mr. Imran Maqbool, as President & CEO of MCB will expire on December 20, 2021.

The board has also placed on record its appreciation for the valuable contribution and the services rendered by the outgoing President & CEO, Mr. Maqbool on completion of his term on December 20, 2021, the notification added.

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