Soneri Bank
Roshan Har Qadam
SBL/Secy/PSX/23/70 28 March 2023
The General Manager Pakistan Stock Exchange Ltd. Stock Exchange Building Stock Exchange Road Karachi
Soneri Bank Limited
Company Secretary Office
Central Office:10th Floor, PNSC Building, M.T. Khan Road, Karachi-74000, Pakistan.
UAN: 111-567-890cs@soneribank.com
Throulzh PUCARS & Hand Delivery
Subject:
31' Annual General Meeting - Soneri Bank Limited
New Composition of Board of Directors & Re-appointment of the President & CEO
Dear Sir,
We wish to inform you that in our 31' Annual General Meeting convened on 27 March 2023 at 10:00 a.m. at 2" Floor, 307 - Upper Mall Scheme, Lahore as well as through video-link facility (Zoom), following Directors have been elected unopposed:
1. | Mr. Alauddin Feerasta | Non-Executive Director |
2. | Mr. Nooruddin Feerasta | Non-Executive Director |
3. | Mr. Ahmed A. Feerasta | Non-Executive Director |
4. | Mr. Manzoor Ahmed | Non-Executive Director - NIT Nominee |
5. | Mr. Jamil Hassan Hamdani | Independent Director |
6. | Ms. Navin Salim Merchant | Independent Director |
7. | Mr. Tariq Hafeez Malik | Independent Director |
Above mentioned Directors are elected for a term of three years commencing from 28111 March 2023. However, their appointment would be subject to clearance by the State Bank of Pakistan under the Fit & Proper Test requirements as prescribed under Corporate Governance Regulatory Framework.
Further, Mr. Muhtashim Ahmad Ashai, President & CEO of the Bank has been re-appointed by the Board in its 196th meeting convened on 22 February 2023 for a term of three years effective from 01 April 2023 subject to his FPT clearance. It is also notified that President & CEO of the Bank will continue to be a deemed Director in terms of Article 50 of the Articles of Association of the Bank read with Sub-section (3) of Section 188 of the Companies Act, 2017.
You may please inform the TRE Certificate Holders of the Exchange accordingly.
Thanking you.
Sincere! ours
MuhammajIktiff Butt Company Secretary
Central Office: 10 Floor, PNSC Building. M.T. Khan Road, Karachi - 74000. Pakistan Tel: (021) 32444401-5, UAN: 111 SONERI
Swift Code: SONEPKKAXX E-mail:info@soneribank.com Website: www.soneribank.com
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Soneri Bank Ltd. published this content on 28 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2023 06:17:04 UTC.