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Shoaib Mumtaz appointed MCB’s new CEO

Outgoing CEO Imran Maqbool completed his term on December 20, after spending a long three terms with the bank from 2012 to 2021.

Shoaib MumtazShoaib Mumtaz appointed MCB's new CEO | OyeYeah News

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.

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.