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Bank Al-Alfalah Limited’s resignation of chief executive officer and appointment of new chief executive officer

Karachi: We write to inform you that Mr. Sirajuddin Aziz has submitted his resignation dated 25th October 2011 as a Director and Chief Executive Officer of Bank Al-Alfalah Limited (BAFL) with immediate effect, due to personal reasons. The Board of Directors of the Bank has accepted his resignation.

The Board of Directors of the Bank has co-opted Mr. Atif Aslam Bajwa as a Director of the Bank in place of Mr. Sirajuddin Aziz, and appointed him as Chief Executive Officer of the Bank with immediate effect, subject to clearance/no-objection of the State Bank of Pakistan.

For more information, contact:
Hamid Ashraf
Company Secretary
Bank Al-Alfalah Limited
B. A. Building I.I. Chundrigar Road,
Karachi Pakistan,
Tel: (92-21) 2414030-10
Fax: (92-21) 2411151
Web Site: www.bankalfalah.com

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