National Bank of Pakistan have new CEO and Presidnet.

 Ishaq Dar finally find the "suitable" person to head countries largest financial institute National Bank of Pakistan (NBP). Syed Ahmed Iqbal Ashraf Ex group chief NBP now appointed as Chief Executive of the bank.  

Media information issued by NBP said that Syed Ahmed Iqbal Ashraf, Managing Director / Chief Executive Officer of PAIR Investment Company Limited, appointed President and CEO.

Syed Iqbal has over 33 years of International banking experience serving in senior positions in United Kingdom, United States of America, Middle East and Pakistan.

 Ashraf is a Fellow of Association of Chartered Certified Accountants (FACCA) from England, where he was educated. He started his career in banking in UK. After working in the UK, U.S. and U.A.E. for 19 years, he returned to Pakistan.

NBP President post was vacant since July ,2013 after the resignation of Asif Borhi on the allegation of miss conduct. Instead appointment full time CEO newly powered federal government give acting charge to Asif Hassan.

There were very strong roomer  that Munir Kamal will be appointed President and CEO of the bank.  Sources says that his appointment summery was ready and in any day it will be approved by Prime Minister. Munir Kamal also see very closed with PM Nawaz Shareef during youth loan scheme related events.         

Prior to joining PAÏR Investment Company Limited as MD/CEO, Mr Ashraf served as a Group Chief of NBP, as the Deputy Managing Director /Director of Pak China investment Company, and as Managing Director and Chief Executive Officer of Bank of Khyber.

He has also served as Country Head Investment Banking & Head of Financial Institutions for Societe Generale (SG) –The French International Bank of France from 1996 to 2002. His main achievements at SG were the appointment as the Financial Advisor to Privatization Commission of Pakistan for the successful privatization of United Bank Limited. During his tenor with SG, he also successful arranged numerous syndicated facilities as the sole Arranger. He was appointed in the SG consortium as Financial Advisor for privatization of PESCO, by the Privatization Commission.

He has also worked with Habib Bank Limited as Executive Vice President - Head of Investment Banking. He set up Investment Banking function at HBL, and has won numerous mandates.