Atif R. Bokhari has resigned from his role as President & Chief Executive Officer of Askari Bank Limited (PSX: AKBL), the bank informed the main bourse on Friday.
“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 w.e.f. May 31, 2024 and Mr. Saleem Anwar has been appointed as Acting President & Chief Executive Officer of the Bank,” the stock filing stated.
The Bank is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The ultimate parent of the Bank is the Fauji Foundation.
At the time of filing, AKBL’s scrip at the bourse was Rs. 22.1, down 0.04 percent or Rs. 0.01 with a turnover of 131,392 shares on Friday.
I am surprised that a civilian should have been heading Askari bank and not a retired general. When retired people from the three forces with no relevant education, expertise and training have been heading key civilian departments like WAPDA, PTA, NDMA, Secretary Defence, Ambassadors, SIFC and others (you can add what I have missed), why not Askari bank?