Board of directors: Samba Bank appoints new chairman

The board of Samba Bank has also been strengthened with the appointment of two new directors.

KARACHI: The board of directors of Samba Bank Limited, in its recently held meeting, announced the appointment of Dr Shujaat Nadeem as new chairman of the board.

According to a press release, Nadeem has been a nominee director of Samba Financial Group (SFG), Saudi Arabia, on the bank’s board since 2007. Prior to joining SFG in 2003 as general manager, group treasurer, he had served with Citigroup for 10 years and held key positions in London and New York as well.

He did his PhD from Massachusetts Institute of Technology (MIT), USA. In addition, the board of Samba Bank has been further strengthened with the appointment of two new directors – Antoine Mojabber and Medhat Fareed Abbas Tawfik, who are also nominee directors of SFG.

Published in The Express Tribune, April 30^th, 2013.

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