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Muneer Kamal appointed chairman BoD NBP

The federal government has appointed Muneer Kamal as chairman Board of Direc-tors (BoD), National Bank of Pakistan (NBP). The government has also appointed two directors additional secretary finance Rana Assad Amin and former Secretary Finance Farrukh Qayyum. The slot of Chairman BoD was lying vacant for the last few months.

Presently, Muneer Kamal is also serving as chairman Karachi Stock Exchange. He is a seasoned banker with over 30 years experience in finance sector. He served KASB Bank for five years as its CEO and President. Prior to this, he held various positions at Union Bank Limited including those of President and CEO, Vice Chairman and Chief Operating Officer (International). He was instrumental in all the acquisitions carried out by Union Bank, ie Bank of America, American Express Credit Cards, Emirates Bank International and Mashreq Bank, Sri Lanka.

Copyright Business Recorder, 2013



 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln