Board of Directors at JS Bank Limited today appointed Mr. Suleman Lalani as Director of the Bank.

The company informed that Mr. Lalani has been appointed to fill the ‘casual vacancy’ as Director of JS Bank after Mr. Ali Siddiqui resigned from his post last month.

Mr. Lalani would replace Mr. Ali Siddiqui as the Director of the bank who resigned as the Chairman and Director of the bank due to his appointment as the Ambassador to United States.

Mr. Ali Jehangir Siddiqui served as the Chief Investment Officer and Managing Partner at JS Private Equity and JS Private Equity Fund.

Mr. Suleman Lalani joined Jahangir Siddiqui & Co. Ltd. (“JSCL”) on March 1, 2012 as Chief Executive Officer. Prior to joining JSCL he was Executive Director Finance & Operations and Company Secretary of JS Investments Limited where he served as CFO and Company Secretary for seven years.

Mr. Lalani started his career with JSCL in 1992 where he worked for over eight years. In year 2000 he was promoted to the position of Chief Operating Officer of Jahangir Siddiqui Investment Bank Limited, a subsidiary of JSCL. In January 2002 he joined The First MicroFinance Bank Limited as its Chief Financial Officer and Company Secretary. Mr. Lalani is a Fellow member of the Institute of Chartered Accountants of Pakistan and has over 20 years of experience in the financial services sector. He has also completed the Board Development Series Certificate Program conducted by the Pakistan Institute of Corporate Governance.