Shoaib Mumtaz has been appointed MCB’s new CEO.
According to a press release of the bank, Shoaib Mumtaz has taken over as the acting president and CEO of the Muslim Commercial Bank (MCB).
Shoaib Mumtaz has been associated with the MCB since 1992 and has held important positions during his 15 years of association with the bank.
The bank had appointed him earlier this month.
Before taking charge as the CEO of the bank, Mr. Mumtaz worked as SEVP – Group Head Wholesale & International Banking. He also worked as the MCB country manager in various international markets, including the UAE and Bahrain.
He assumed charge of his office on the completion of Imran Maqbool’s tenure.
Maqbool was one of the highest-paid bankers in the country’s banking sector.