KARACHI: The Pakistan Banks’ Association (PBA) Executive Committee has unanimously selected Muneer Kamal as the chief executive officer (CEO) and secretary general of the association, after retirement of Tawfiq A Hussain from the said positions.
Hussain will retire on March 31 and he will be succeeded by Kamal on April 1.
“After more than a decade of meritorious service to the association, Tawfiq Hussain leaves behind a legacy marked by notable achievements and substantial growth of the organisation. His strategic vision and unwavering commitment to excellence have raised the profile of the PBA and positioned it as a leading industry body in Pakistan,” the PBA said.
Whereas, Kamal possesses more than four decades of banking experience, the PBA said in a press release adding that he brings a wealth of expertise and insight to the role.
His career in banking and financial services started with Citibank Pakistan and since then Muneer has assumed both local and international positions in various financial entities, including as President & CEO of Faysal Bank and Union Bank.
Kamal holds an MBA degree from the Institute of Business Administration, Karachi.
Muneer’s diverse corporate governance experience includes having served as chairman Pakistan Stock Exchange, chairman National Bank of Pakistan, director Engro Corporation, and director DH Corp.
He is a member of the Board of Directors at Infra Zamin Pakistan, GSK Pakistan, Jubilee Life Insurance, National Clearing Company of Pakistan (NCCPL) and also serves as a member of the Board of Governors of the National University of Medical Sciences.
High-speed diesel hiked from Rs277.45 per litre to Rs283.63, says Finance Division
Market gains more than 1,300 points during intraday trade
Criticising political leadership for defaulting on critical reforms, Arif Habib says this failure perpetuated...
PM Shehbaz says prime responsibility is to work tirelessly for making new IMF deal last one in country’s history
Minister says Pakistan needs to ensure structural reforms and bring self-sustainability
Islamabad aims to reduce its fiscal deficit by 1.5% to 5.9% in the coming year, heeding another key IMF demand