The Bank of Khyber has communicated significant management changes following an emergent Board of Directors meeting held on December 4, 2023. During this meeting at the Bank's Head Office in Peshawar, Mr. Muhammad Ali Gulfaraz notified his intention to resign from his position as Managing Director. In response to his impending resignation, the Board has assigned the acting charge of Managing Director to Mr. Irfan Saleem Awan, the Senior Executive Vice President and Chief Financial Officer.

This appointment is intended for the interim period as the Bank transitions to new leadership.