Samba Bank Limited (SBL), a subsidiary of Saudi Arabia’s SAMBA Financial Group, has appointed Ahmad Tariq Azam as president and CEO. Azam already held the position of acting CEO from last August. SBL confirmed the announcement in a filing to the Pakistan Stock Exchange on 3 May. The appointment is subject to the regulatory approval of the State Bank of Pakistan, the notice said. Prior to his appointment, Ahmad had worked for a number of banks in Pakistan, including Bank Alfalah, Bank of Punjab, United Bank and NIB Bank.

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