Samba Bank chairman Mustafa Ilyas resigns
- Ilyas served as the Chairman of the BoD of Samba Bank since 2022
Samba Bank announced the resignation of its Chairman and Non-Executive Director, Mustafa Ilyas, effective August 16, 2026. He had served as Chairman since October 2022.
- Samba Bank's Chairman resignation.
- Mustafa Ilyas's professional background.
- Effective date of the board departure.
Samba Bank announced on Monday the resignation of one of its Board of Directors.
The listed bank shared the development in a notice to the Pakistan Stock Exchange (PSX) today.
“Mustafa Ilyas, Non-Executive Director & Chairman of the Bank, has resigned from the office of the Board of Directors of Samba Bank Limited with effect from August 16, 2026,” the notice said.
He served as the Chairman of the Board of Directors of Samba Bank since October 27, 2022.
Before this, he was at PwC for over 17 years, the majority of which focused exclusively on the banking sector. The early part of his career with PwC focused on providing external audit services to listed companies.
Ilyas is a Chartered Accountant and a member of the Institute of Chartered Accountants in England & Wales (UK).
He holds a Master of Engineering from the Imperial College of Science, Technology and Medicine (London).
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