February 20, 2019 (MLN): Summit Bank Limited has approved the appointment of M/s. BakerTilly Mehmood Idrees Qamar, Chartered Accounts as the replacement external auditors of the Bank for CY18.

This decision was taken upon recommendation of the Bank’s Audit Committee, to fill the casual vacancy arising as a consequence of the resignation the outgoing external auditors of the Bank, M/s. Deloitte Yousuf Adil, Chartered Accountants on February 12, 2019.

According to a notice issued to the Pakistan Stock Exchange on this occasion, the replacement external auditors so appointed shall hold office until the conclusion of next Annual General meeting of Summit Bank.

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