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NBP President Rehmat Ali Hasnie’s tenure expires

Business Recorder • • 1 min read

NBP President Rehmat Ali Hasnie’s tenure expires

Business Recorder reported that Rehmat Ali Hasnie's term as president and CEO of National Bank of Pakistan ended on Friday. The listed bank informed the Pakistan Stock Exchange of the development through a notice issued the same day, stating that his tenure as president had lapsed as of August 21, 2026.

Earlier this month the government had reappointed Hasnie for an additional two weeks. In July 2023 the Finance Division put forward his name to cabinet as the lead candidate for the permanent president and CEO role, a three-year term that the government formalised in August 2023.

Hasnie has been with NBP since 2010, where he has led priority sector lending alongside investment and corporate banking. Over 25 years, he has worked at several Pakistani institutions in credit markets, treasury, investment banking, capital markets and economic research. His qualifications include a master's degree in development banking, awarded by The American University in the USA.

At a glance

  • NBP disclosed that Hasnie's tenure as president expired on August 21, 2026.
  • The government had reappointed him for an additional two weeks earlier this month.
  • At NBP, he has led priority sector lending alongside investment and corporate banking.

Stocks in this story

Sectors:Commercial Banks

Originally reported by Business Recorder

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