Samba appoints Rashid Jahangir as full-time pesident/CEO
- Appointment subject to approval of the State Bank of Pakistan
Samba Bank Limited (SBL) announced on Wednesday the appointment of Rashid Jahangir as its full-time president and Chief Executive Officer (CEO).
The bank shared the development in a notice to the Pakistan Stock Exchange (PSX) today.
Jahangir currently holds the position of acting president and CEO, and his full-time appointment is “subject to the approval of State Bank of Pakistan (SBP) and compliance with all applicable laws, rules, and regulations in this regard”, read the notice.
According to information available on Samba’s website, Jahangir is an accomplished finance professional and a career banker with more than 23 years’ industry experience, having expertise in the areas of strategic planning, digital transformation, finance, taxation, HR and business management.
He joined Samba Bank Ltd in January 2016 as Chief Financial Officer (CFO) and member of the Bank’s Executive Team.
Jahangir is also a Certified Director from the Pakistan Institute of Corporate Governance and has previously served thrice as a member of the Banking & Finance Committee of the Institute of Chartered Accountants Pakistan (ICAP).
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