The Federal Government has appointed Mr. Imran Sarwar as President and CEO of the National Bank of Pakistan (NBP) for a period of three years, with immediate effect.
A notification issued by the Finance Division’s Internal Finance Wing, dated September 3 and marked for publication in the Official Gazette of Pakistan Part-III, confirmed the appointment. It was made under Section 11(3)(a) of the Banks (Nationalization) Act, 1974, referenced under file number F.No.1(9)Bkg-III/2022-696, and signed by Amna Shabbir, Deputy Secretary to the Government of Pakistan.
Imran Sarwar joins NBP from United Bank Limited (UBL), where he served as Group Executive – Risk and Credit Policy and Chief Risk Officer, overseeing the bank’s risk architecture and credit policy framework.
He brings more than 27 years of leadership, strategy and risk experience across banking markets in Pakistan, the UAE, the UK and Australia.
Before UBL, he held senior roles at Standard Chartered Bank, most recently as Managing Director and Head of Corporate Banking for the UAE, after a run of senior positions at the bank across both the UAE and Pakistan.
His board experience includes directorships at Khushhali Microfinance Bank and the Pakistan Mortgage Refinance Company (PMRC), where his profile credits him with setting risk policy and governance frameworks drawing on his cross-border banking background.
On the academic side, Sarwar holds a business and accounting degree from Ohio Wesleyan University in the United States and an LLB from the University of Punjab, a risk-and-law combination that colleagues at PMRC and Khushhali have pointed to as central to his credit-governance approach.
His appointment closes out a selection process that ran since mid-June, when the Finance Division opened applications for NBP’s top job following Rehmat Ali Hasnie’s exit after a final extension expired on August 21.
NBP’s Chief Financial Officer Abdul Wahid Sethi has been temporarily running the bank in the meantime. In mid-August, a panel led by the Finance Minister interviewed nine candidates for the job.
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