7 Aug 2014 12:22
Secretary's Department
UBL/SEs/Withdrawal-Appointment/14
07 August 2014
1. The General Manager Companies Affairs, Karachi Stock Exchange Ltd. Karachi Stock Exchange Bldg., Stock Exchange Road, KARACHI. Fax No. (021) 111-573-329 | 2. The General Manager Companies Affairs, Lahore Stock Exchange Ltd. 19, Khayaban-e-Aiwan-e-Iqbal, LAHORE.
Fax No. (042) 36368485 | 3. The General Manager Companies Affairs, Islamabad Stock Exchange Ltd. 55-B, Jinnah Avenue, Blue Area, ISLAMABAD.
Fax No. (051) 111-473-329 |
Dear Sirs,
Change in Board of Directors of United Bank Limited
We have to inform you that the Government of Pakistan vide its Notification dated 6 August 2014 has withdrawn nomination / appointment of Mr. Seerat Asghar and Dr. Shujat Ali as Government of Pakistan Nominee Directors of United Bank Limited, with immediate effect.
This is further to inform you that the Board of Directors of United Bank Limited in its 191st meeting held on 6 August 2014 has decided to appoint Mr. Khalid A. Sherwani as an Independent Director on the Board of Directors of UBL subject to approval of State Bank of Pakistan in respect of its 'Fit & Proper Test Criteria' as well as compliance with all applicable laws, rules and regulations in this regard.
You may please inform members of your Exchange accordingly.
Yours faithfully,
Sd/-
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
Copy to:
The Director, Banking Policy & Regulations Department, State Bank of Pakistan, Karachi.
Utd.bk (regs) (UBLS)