For the position of President of the National Bank of Pakistan, the Ministry of Finance has proposed three names: Rehmat Ali Hasnie, Muhammad Abdullah Ahmed, and Mudassir Husain Khan.
The Finance Ministry has forwarded the summary of the appointment of President/CEO NBP to the federal cabinet, according to ProPakistani sources.
Moreover, the Finance division had shared a list of 45 eligible candidates with their CVs for views/comments in terms of Section 11(3)(a) of the Act SBP cleared 15 candidates, who were in the panel of professional bankers.
A meeting of the Shortlisting Committee held on June 2, 2023, scored 15 candidates based on education/professional qualifications, quality and standards of local and foreign educational institutions, professional experience in terms of organization quality, diversity of experience, and seniority. A total of 50 marks were awarded.
Selection Committee interviewed 15 candidates cleared by SBP on July 08, 2023, but two of its members, Dr. Aisha Ghaus Pasha, Minister of State for Finance and Revenue, and Tariq Bajwa SAPM, were not present.
The interview was conducted with 11 out of 15 candidates (06 in person and 05 via Zoom video link).
Candidates were assessed on the basis of their professional knowledge and expertise. In order of merit, the panel unanimously recommended the following three candidates for appointment against the position of President/CEO, NBP, based on leadership qualities, communication skills, and aptitude for the job.
The Finance Division has requested the Federal Cabinet to approve the names of Rehmat Ali Hasnie (Principal), Muhammad Abdullah Ahmed (Alternate-1), and Mudassir Husain Khan (Alternate-2) as President/CEO of NBP, under Section 11(3)5 of the Banks (Nationalization) Act, 1974, subject to SBP’s final Fit and Proper Test (FPT) clearance.
Subject to final FPT clearance by SBP, if the principal candidate does not accept the offer of appointment, the position may be offered to the alternate-1, and if he does not accept it as well, the same may be offered to the alternate-2.
