Atif R. Bokhari has resigned from his role as President & Chief Executive Officer of Askari Bank Limited (PSX: AKBL), the bank announced to the main bourse on Friday.
In a formal statement, Askari Bank informed, “We have to inform that Mr. Atif R. Bokhari, President & Chief Executive Officer of Askari Bank Limited, has resigned and accordingly ceased to be the President & Chief Executive Officer of the Bank with effect from May 31, 2024. Mr. Saleem Anwar has been appointed as Acting President & Chief Executive Officer of the Bank.”
Askari Bank is a scheduled commercial bank principally engaged in the business of banking as defined under the Banking Companies Ordinance, 1962. The ultimate parent of the Bank is the Fauji Foundation.
At the time of the announcement, AKBL’s share price at the bourse was Rs. 22.1, down 0.04 percent or Rs. 0.01, with a turnover of 131,392 shares on Friday.