IHC removes NBP President, Chairman BoD

IHC removes NBP President, Chairman BoD
IHC removes NBP President, Chairman BoD

 

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday ordered removal of President, National Bank of Pakistan (NBP) Arif Usmani and Chairman Board of Directors (BoD), Zubair Soomro. IHC Justice Mohsin Akhtar Kayani announced the judgment in a petition filed against the appointment of the NBP president. The high court had reserved the verdict on June 11. Earlier, the petitioners Syed Jahangir, Javed Iqbal, Fazal Raheem and Latif Qureshi had contended that the NBP president”s appointment was against the Public Sector Guidelines 2015, while Usmani did not hold a relevant degree.

IHC removes NBP President, Chairman BoD
IHC removes NBP President, Chairman BoD