JS Bank Limited announced the appointment of Mr. Ahmad Zahid as its Non-Executive Director, following the 114th Board Meeting on April 26, 2024. The decision, made to fill the vacancy left by outgoing Executive Director Mr. Basir Shamsie, is set to take effect April 26, 2024. The appointment is contingent upon clearance from the State Bank of Pakistan through the Fit and Proper Test (FPT), along with compliance with all pertinent legal statutes and regulations.

Mr. Basir Shamsie, the departing Executive Director, will maintain his roles as President and Chief Executive Officer of the Bank.