PAKISTAN
Samba Bank Limited has re-elected Mr. Mustafa Ilyas as Chairman of its Board of Directors, according to a notice submitted to the Pakistan Stock Exchange.
The bank stated, “In furtherance of the Bank’s announcement bearing Reference No. ComSec/Stock-SECP/027/2025, dated April 18, 2025, this is to inform that Board of Directors (“BoD”) in its 129th meeting held on April 18, 2025, has re-elected Mr. Mustafa Ilyas as Chairman of the Board of Directors in compliance with requirements of Section 192 of the Companies Act 2017.”
The re-election reaffirms the Board’s confidence in Mr. Ilyas’ leadership and strategic direction for the bank. – Engineering Review
