Bank alfalah: Aziz resigns while Bajwa takes CEO slot

Published: October 27, 2011

KARACHI: Bank Alfalah has decided to appoint experienced banker Atif Aslam Bajwa as Chief Executive Officer after Sirajuddin Aziz tendered his resignation on October 25, according to a notice sent to the Karachi Stock Exchange on Wednesday. Aziz – who joined the bank in 2001 and made his way up the ranks – cited personal reasons for his departure. Atif Aslam Bajwa previously completed a tenure as CEO at MCB Bank and then joined Soneri Bank last year for a seven month stint before leaving to join the Abu Dhabi Group.

Published in The Express Tribune, October 27th, 2011.

Correction: An earlier version of this story mentioned that Atif Aslam Bajwa who has just joined Bank Alfalah as the new CEO also served a seven month stint as CEO at Soneri Bank before being ‘replaced’. This inadvertently creates the impression that Atif Bajwa was asked to leave. In fact, Bajwa tendered his resignation at Soneri Bank in March to later join the Abu Dhabi Group. Any inconvenience caused is regretted.

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Reader Comments (3)

  • Ibrahim Sualeh
    Oct 27, 2011 - 6:42PM

    Seems like Atif Bajwa specialises in jumping from one place to the next…I would really like to see how long he lasts here.

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  • Faisal
    Oct 31, 2011 - 1:52AM

    He is a straight banker who wishes to stick with banking principles and not seth. Bravo Bajwa!!!!

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  • Shehnaz
    Nov 5, 2011 - 2:30PM

    congrats n best wishes for Atif Bajwa sb

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