ANL 21.84 Decreased By ▼ -0.61 (-2.72%)
ASC 15.80 Decreased By ▼ -0.16 (-1%)
ASL 22.05 Decreased By ▼ -0.35 (-1.56%)
BOP 8.45 Increased By ▲ 0.05 (0.6%)
BYCO 8.87 Increased By ▲ 0.07 (0.8%)
FCCL 17.55 Decreased By ▼ -0.36 (-2.01%)
FFBL 24.50 Decreased By ▼ -0.45 (-1.8%)
FFL 17.25 Decreased By ▼ -0.07 (-0.4%)
FNEL 8.21 Decreased By ▼ -0.02 (-0.24%)
GGGL 21.55 Increased By ▲ 0.12 (0.56%)
GGL 41.72 Increased By ▲ 0.52 (1.26%)
HUMNL 6.89 Decreased By ▼ -0.16 (-2.27%)
JSCL 20.75 Increased By ▲ 0.40 (1.97%)
KAPCO 37.88 Decreased By ▼ -0.08 (-0.21%)
KEL 3.50 Decreased By ▼ -0.05 (-1.41%)
MDTL 3.00 Increased By ▲ 0.01 (0.33%)
MLCF 35.95 Decreased By ▼ -0.72 (-1.96%)
NETSOL 152.02 Increased By ▲ 0.62 (0.41%)
PACE 5.90 Increased By ▲ 0.05 (0.85%)
PAEL 30.51 Decreased By ▼ -0.59 (-1.9%)
PIBTL 9.27 Decreased By ▼ -0.04 (-0.43%)
POWER 7.75 Decreased By ▼ -0.16 (-2.02%)
PRL 20.20 Decreased By ▼ -0.05 (-0.25%)
PTC 10.30 Decreased By ▼ -0.04 (-0.39%)
SILK 1.66 Decreased By ▼ -0.05 (-2.92%)
SNGP 44.53 Decreased By ▼ -0.14 (-0.31%)
TELE 22.57 Increased By ▲ 0.37 (1.67%)
TRG 175.60 Increased By ▲ 1.00 (0.57%)
UNITY 35.20 Decreased By ▼ -0.40 (-1.12%)
WTL 3.18 No Change ▼ 0.00 (0%)
BR100 4,961 Increased By ▲ 0.16 (0%)
BR30 24,322 Decreased By ▼ -101.46 (-0.42%)
KSE100 46,521 Decreased By ▼ -7.4 (-0.02%)
KSE30 18,431 Increased By ▲ 8.62 (0.05%)

Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,327
8124hr
Pakistan Cases
1,227,905
1,89724hr
4.1% positivity
Sindh
451,448
Punjab
423,670
Balochistan
32,772
Islamabad
104,348
KPK
171,589
Pakistan

Shazad G Dada appointed as UBL President, CEO

On Wednesday, Standard Chartered Bank (SCBPL) has informed that Shazad Dada has decided to step down from the post
Updated 07 May 2020
  • On Wednesday, Standard Chartered Bank (SCBPL) has informed that Shazad Dada has decided to step down from the post of CEO of Standard Chartered Bank.

The outgoing Chief Executive Officer (CEO) of Standard Chartered Bank, Shazad G Dada has been appointed as President and CEO of United Bank Limited.

“We have to inform you that the Board of Directors of United Bank Limited in its meeting held on 06 May 2020 through Video Conference Call, has decided to appoint Mr. Shazad G. Dada as President & CEO of UBL with effect from 01 July 2020 for a term of 03 years’ subject to approval of State Bank of Pakistan and compliance with all applicable laws, rules and regulations in this regard,” read a statement by UBL filed at the Pakistan Stock Exchange (PSX).

On Wednesday, Standard Chartered Bank (SCBPL) has informed that Shazad Dada has decided to step down from the post of CEO of Standard Chartered Bank. Dada has resigned to “pursue opportunities outside the Standard Chartered Group," the statement read.

In his career Shazad G. Dada occupied the position of Chairman at Pakistan Mercantile Exchange Ltd., MD, Chief Country Officer & Head-Global Banking at Deutsche Bank AG (Islamabad Branch), Chief Executive Officer & Managing Director at Barclays Bank Pakistan, Managing Director-Mergers & Acquisitions at Deutsche Bank Securities, Inc., Chairman at Pakistan Banks' Association, Vice President & Council Member at The Institute of Bankers Pakistan and Director-Governors Board at The British Overseas School.

The Board of Directors of UBL acknowledged the contribution of the outgoing President & CEO Sima Kamil, who stated that under her leadership the Bank has achieved significant milestones. The Board has further decided that Sima Kamil who is completing her 3 years term on 31 May 2020 will continue to perform as President & CEO till 30 June 2020.

 

Comments

Comments are closed.