NBP shareholders approve compensation package of President/CEO Imran Sarwar

Mettis Global reported that National Bank of Pakistan (NBP) shareholders endorsed a 2026-29 pay and benefits package for President and CEO Imran Sarwar at an extraordinary meeting. It provides a gross monthly salary of Rs9.5mn and applies from September 09, 2026, when he took office, with applicable tax deductions. The package stays fixed through his tenure.

Any performance bonus will depend on shareholder-approved key performance indicators, with the Board responsible for assessing and approving each year's evaluation. The meeting withdrew a separate item on the CEO's 2026 KPIs. Shareholders also elected Muhammad Afzal as a director representing private shareholders for three years from October 22, subject to State Bank of Pakistan clearance; he won 75.45% of votes cast and replaces Farid Malik, whose term ended.