Elevation: Bank of Punjab promotes director to post of chairman
Director Ghafoor Mirza promoted to chairman to take the reins of the bank which has been rocked by a financial scam
KARACHI:
The Bank of Punjab on Monday elevated director Ghafoor Mirza to the post of chairman to take the reins of the bank which has been rocked by a financial scam, according to a notice sent to the Karachi Stock Exchange.
Four former directors of the bank are currently under trial at the Supreme Court for embezzling Rs20 billion.
Published in The Express Tribune, June 14th, 2011.
The Bank of Punjab on Monday elevated director Ghafoor Mirza to the post of chairman to take the reins of the bank which has been rocked by a financial scam, according to a notice sent to the Karachi Stock Exchange.
Four former directors of the bank are currently under trial at the Supreme Court for embezzling Rs20 billion.
Published in The Express Tribune, June 14th, 2011.