KARACHI: The State Bank of Pakistan (SBP) has granted clearance to the Askari Bank Limited to appoint Atif R Bokhari for a term of three years, a statement said on Friday.

The board of directors of the bank in its meeting on July 28, 2021 appointed Atif R Bokhari as the new president and CEO of Askari Bank Limited from September 1, 2021, subject to the approval of the SBP and compliance with all applicable laws, rules and regulations, it added.

The bank received clearance from the central bank in respect of the Fit and Proper Test Assessment of Atif R Bokhari on August 13, 2021.

“In the light of the same, the board of directors of Askari Bank Limited … has resolved that Atif R Bokhari shall now commence his term with effect from August 23, 2021.”

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