Alert Sign Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on

Alert Sign Dear reader, please upgrade to the latest version of IE to have a better reading experience


Government accepts NBP chairman's resignation

Published Mar 07, 2012 11:52am

national bank of pakistan, nbp
National Bank's head office in Karachi. - File Photo.

KARACHI: Federal government has accepted the resignation of chairman National Bank of Pakistan (NBP) board of directors Syed Ali Raza with an immediate effect, said an announcement here on Wednesday.

On January 14, 2011, the Supreme Court had ordered immediate sacking of Mr Ali Raza from the post because he was then on an extension as the bank’s president for the fifth time.