Imran Sarwar appointed President & CEO of National Bank of Pakistan
The Government of Pakistan has named Imran Sarwar as President and Chief Executive Officer of NBP for a three‑year term, effective immediately.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Positive · Buy bias
Banks sector – NBP leadership change seen as stable; Buy bias on NBP ticker.
Sectors & Direction
Desk read
Desk call: Buy bias · Positively affected
- BanksPositively affected
Companies
Companies Mentioned
- NBP· Positively affected · Buy bias
Mentions in This Briefing
Sectors: Banks — Positive · Buy bias. PSX tickers: NBP. Banks sector – NBP leadership change seen as stable; Buy bias on NBP ticker.
Full Story
Open on Business Recorder## Appointment Details
The Finance Division of the Government of Pakistan issued Notification No. F.No.1(9) Bkg‑III/2022‑696 on September 3, 2026, appointing Imran Sarwar as President and Chief Executive Officer of the National Bank of Pakistan (NBP) for a three‑year tenure, subject to the State Bank of Pakistan’s Fit & Proper Test.
## Background
NBP, one of the country’s largest commercial banks, has seen several leadership changes recently. Rehmat Ali Hasnie served as President/CEO from May 12, 2022, until his term ended on August 21, 2026. Abdul Wahid Sethi then acted as President & CEO until the new appointment.
## Recent Performance
NBP reported a resilient first‑half 2026 performance, posting a profit before tax of Rs 67.3 billion and a profit after tax of Rs 32.4 billion, equating to earnings per share of Rs 15.23 for the period ending June 30, 2026.
## Market Implications
The appointment signals continuity in NBP’s strategic direction and may bolster investor confidence in the bank’s governance and future earnings potential.