Askari Bank AGM held: Cash dividend of Rs 1.5 per share approved

The shareholders of Askari Bank Limited have approved the audited financial statements of the Bank for 2016 and final cash dividend of Rs 1.5 per share. Askari Bank''''s shareholders 25th Annual General Meeting was held Friday at Rawalpindi. The bank''''s performance was lauded by the shareholders. The shareholders also elected 10 directors for next term of three years, including four new directors namely Justice Sarmad Jalal Usmani (R), Kamal A Chinoy, Mushtaq Malik and Syed Ahmed Iqbal Ashraf.
Addressing the shareholders, the Chairman of the Board, Lieutenant General Khalid Nawaz Khan (Retd) welcomed the new directors and thanked the outgoing directors who were not reelected upon completion of their tenure. Askari Bank''''s President Syed M Husaini who was earlier reappointed till June 2019 also thanked the shareholders for their active participation in the general meeting.