Pan Asia Banking Corporation PLC informed that Mr. Toyohiko Murakarni - Director has completed his term of nine years as a Non-Executive, Non-Independent Director at Pan Asia Banking Corporation PLC on 23 April, 2022 in terms of Section No.3(2)(iiXA) of the Banking Act Direction No.11 of 2A07- Corporate Governance and therefore has retired from the position of Director. Mr. Hiroyuki Ota - Alternate Director to Mr. Toyohiko Murakami also ceased to be the Alternate Director with effect from 23 April, 2022, due to the retirement of Mr. Toyohiko Murakami.