CorporateNegative · Do not buyBusiness Recorder

Abdul Wahid Sethi assumes charge as Acting President & CEO of NBP

KARACHI: Abdul Wahid Sethi has assumed charge as the Acting President & Chief Executive Officer (CEO) of the Bank, effective August 21, following the completion of the tenure of the Ban

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Abdul Wahid Sethi assumes charge as Acting President & CEO of NBP — Banks | Shariah PSX

Desk Analysis

How This Affects the Exchange

Sector Effect

Negative · Do not buy

Cautious read for Banks — price/volume reaction may stay soft near-term.

Sectors & Direction

Desk read

Desk call: Do not buy · Negatively affected

  • BanksNegatively affected

Companies

MEBL · Do not buyMCB · Do not buyUBL · Do not buyHBL · Do not buyBAHL · Do not buyFABL · Do not buy

Companies Mentioned

  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy

Mentions in This Briefing

Sectors: Banks Negative · Do not buy. PSX tickers: MEBL, MCB, UBL, HBL, BAHL, FABL. Cautious read for Banks — price/volume reaction may stay soft near-term.

Full Story

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KARACHI: Abdul Wahid Sethi has assumed charge as the Acting President & Chief Executive Officer (CEO) of the Bank, effective August 21, following the completion of the tenure of the Bank’s previous President & CEO. The appointment has been made by the Finance Division in accordance with the Corporate Governance Regulatory Framework.

Sethi brings more than three d

Source: Business Recorder — https://www.brecorder.com/news/40436922/abdul-wahid-sethi-assumes-charge-as-acting-president-amp-ceo-of-nbp