Business Recorder
National Bank of Pakistan (NBP), Pakistan’s largest state-owned lender, announced the appointment of key members to its board following regulatory approval from the State Bank of Pakistan (SBP). The listed bank disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. According to a notice, the SBP has conveyed its clearance for the federal government’s decision to appoint Naved Abid Khan as chairman and non-executive director of NBP. In contrast, Nasim Ahmed has been appointed as an independent director on the bank’s board. The approvals were granted on April 6, 2026, in line with regulatory requirements governing board-level appointments in the banking sector. Naved A. Khan brings over 30 years of experience, including 27 years in broad-based banking. NBP’s profit up over 224%, clocks in at Rs85.9bn in 2025 During his career, he has served as the President and CEO of Faysal Bank Ltd., CEO of ABN AMRO Bank Pakistan, President of Overseas Investors Chambers of Commerce and Industry (OICCI), Chairman of Pakistan Banks’ Association, Chairman of the Board of Directors, Faysal Asset Management Limited, President of Rotary Club, Karachi Metropolitan, Vice President of the Institute of Bankers Pakistan and Member of the Institute of Bankers’ Council. He has also served in senior key positions at the Bank of America, Pakistan. He also serves on the boards of Sharmeen Khan Memorial Foundation, Naymat Collateral Management Company, Karachi Shipyard & Engineering Works, Pakistan Microfinance Investment Company, and Gas & Oil Company Pakistan (GO).
Go to News Site