SBP grants clearance on reappointment of MCB Bank's CEO

MG News | January 02, 2019 at 10:17 AM GMT+05:00

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January 2, 2019 (MLN): The State Bank of Pakistan (SBP) has granted its clearance for the reappointment of Mr. Imran Maqbool as President and CEO of MCB Bank Limited for the next three year, effective from December 21, 2018.

The aforementioned was notified to the Pakistan Stock Exchange (PSX) earlier today in an official announcement issued by MCB Bank.

Mr. Imran Maqbool has, over three decades worth of diverse banking experience. Before taking on the CEO position, he was Head of Commercial Branch Banking Group, where he successfully managed the largest group of the Bank in terms of market diversity, size of workforce, number of branches on countrywide basis and diversified spectrum of products.

Prior to joining MCB Bank in 2002, Mr. Imran Maqbool has been associated with local banking operations of Bank of America and CitiBank for more than seventeen years.

Currently, he is a member of the Board of Directors of Adamjee Insurance Company Ltd., MCB Financial Services Ltd. and Pakistan Tobacco Company Ltd.

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