MCB Bank appoints Muhammad Nauman Chughtai as President, CEO

14:15
December 11, 2024
MG

December 11, 2024 (MLN): The Board of Directors of MCB Bank Limited (PSX: MCB) has approved the appointment of Mr Muhammad Nauman Chughtai as President & CEO of the Bank,

This appointment is subjected to the clearance of his Fit & Proper Test (“FPT”) by the State Bank of Pakistan (SBP).

The existing term of Mr. Shoaib Mumtaz as President & Chief Executive Officer (“CEO”) of MCB Bank Limited (the “Bank”) is expiring on December 20, 2024.

Upon the expiry of the term of the current President, i.e., December 20, 2024, Mr Muhammad Nauman Chughtai shall also assume the charge as “Acting President” for a maximum period of three months or clearance of FPT by SBP, whichever is earlier.

The Board has also placed on record its appreciation for the valuable contribution and the services rendered by the outgoing President & CEO, Mr Shoaib Mumtaz, on completion of his term on December 20, 2024, and wished him luck in his future endeavours.

Copyright Mettis Link News

Posted on: 2024-12-11T14:08:51+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.95000	279.05000	278.95000	278.75000	01:00 PM
2	EUR	1.05010	1.05040	1.05020	1.05040	11:42 AM
3	GBP	1.24830	1.24850	1.24830	1.24810	11:42 AM
4	CHF	0.90528	0.90576	0.90570	0.90576	11:56 AM
5	JPY	155.98000	156.01000	156.10000	156.01000	11:42 AM
6	CAD	1.43430	1.46326	1.43430	1.46326	11:42 AM
7	AUD	0.63140	0.63180	0.63140	0.63160	11:42 AM
8	INR	86.20300	86.21800	86.20300	86.21800	05:16 AM
9	SAR	3.74990	3.75040	3.74990	3.75040	03:32 AM
10	AED	3.67280	3.67310	0.00000	0.00000	02:57 AM
11	HKD	7.78760	7.78770	7.78770	7.78770	11:42 AM
12	CNH	7.24300	7.24500	7.24300	7.24500	05:16 AM
13	CNY	7.24400	7.24650	0.00000	0.00000	08:48 PM
14	THB	33.56400	33.61400	33.56400	33.61400	05:16 AM
15	MYR	4.37500	4.38000	4.44210	4.37000	07:00 PM
16	IDR	16,164.90000	16,176.00000	16,164.90000	16,176.00000	11:37 AM
17	SGD	1.34560	1.34660	1.34560	1.34650	11:42 AM
18	NZD	0.50779	0.59883	0.57090	0.57140	11:40 AM
19	MXN	20.25990	20.28990	20.26000	20.28990	11:42 AM
20	TRY	35.62950	35.63350	35.62950	35.63350	05:16 AM
21	SEK	10.91990	10.92890	10.91990	10.92890	11:42 AM
22	ZAR	18.39335	18.42303	18.39335	18.42303	11:42 AM
23	NOK	11.19170	11.19770	11.19170	11.19770	11:42 AM
24	DKK	7.11040	7.11140	7.11040	7.11140	11:40 AM
25	ARS	1,045.29466	1,045.30322	1,046.24550	1,045.13274	11:56 AM
26	BDT	120.01333	123.44010	120.01333	123.44010	05:16 AM
27	BHD	0.37684	0.37709	0.00000	0.00000	02:59 AM
28	BRL	5.90910	5.91728	5.90910	5.91728	11:37 AM
29	KRW	1,428.03000	1,431.03000	1,428.43000	1,430.63000	11:37 AM
30	KWD	0.30769	0.30829	0.00000	0.00000	02:59 AM
31	LKR	294.36962	301.03279	294.36962	301.03279	05:16 AM
32	OMR	0.38478	0.38504	0.00000	0.00000	02:59 AM
33	QAR	3.64530	3.64630	0.00000	0.00000	02:59 AM
34	RUB	97.70701	97.71558	97.70701	97.71558	11:56 AM
35	AFN	74.62758	76.53134	74.62758	76.53134	05:16 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:17 AM
37	TMT	3.36000	3.66000	3.36000	3.65000	07:00 PM
38	MVR	15.26000	15.56000	15.26000	15.55000	07:00 PM
39	UZS	12,911.33216	12,977.96392	12,911.33216	12,977.96392	05:16 AM
40	PHP	58.16500	58.33500	58.68000	58.24300	07:00 PM
42	NGN	1,557.50000	1,558.50000	1,558.01000	1,535.50000	07:00 PM
43	KES	127.68550	130.54115	127.68550	130.54115	05:16 AM
44	AMD	371.99562	429.10856	371.99562	429.10856	05:16 AM
45	TWD	32.73330	32.76330	32.73330	32.76330	11:37 AM
46	XAU	2,770.96000	2,772.50000	2,770.96000	2,772.50000	11:39 AM
47	XAG	30.57220	30.71180	30.57220	30.71180	11:39 AM
48	XPT	948.90000	956.40000	948.95000	956.40000	02:50 AM
49	XPD	988.00000	998.00000	0.00000	0.00000	02:49 AM
2,120	VES	56.57454	56.58636	56.57454	56.58636	11:55 AM
2,212	UGX	3,639.04621	3,724.71563	3,639.04621	3,724.71563	05:16 AM
2,213	TZS	2,494.69326	2,589.88149	2,494.69326	2,589.88149	05:16 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	115,779.06	114,880.489	114,383.17	842.699	0.739	280,356,255.0	22,573,761,920.670	24/01/2025 04:50 PM
ALLSHR	71,472.61	70,922.956	70,908.51	247.397	0.350	631,415,626.0	37,790,229,351.960	24/01/2025 04:50 PM
KSE30	36,438.22	36,124.975	35,914.53	330.623	0.924	142,188,126.0	19,344,760,027.910	24/01/2025 04:50 PM
KMI30	176,287.42	174,312.083	173,992.07	825.218	0.476	163,366,065.0	16,756,702,929.370	24/01/2025 04:50 PM
KMIALLSHR	49,522.47	49,037.887	49,053.66	38.353	0.078	444,281,885.0	30,091,808,608.520	24/01/2025 04:50 PM
BKTi	26,302.76	26,216.982	26,055.60	185.852	0.714	5,299,701.0	1,053,190,640.690	24/01/2025 04:50 PM
OGTi	27,947.98	27,460.265	27,403.88	-250.250	-0.903	6,106,834.0	1,904,574,763.160	24/01/2025 04:50 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	105,480.0	107,485.0	102,860.0	2,065.00
BRENT CRUDE	EB	78.4	79.0	77.6	0.14
RICHARDS BAY COAL MONTHLY	EF	98.0	0.0	0.0	-1.00
ROTTERDAM COAL MONTHLY	ET	109.5	0.0	0.0	0.40
USD RBD PALM OLEIN	POL	1,031.5	1,031.5	1,031.5	0.00
CRUDE OIL – WTI	QCL	74.6	75.2	74.0	-0.02
SUGAR #11 WORLD	SB	19.1	19.2	18.6	0.38