NIB Bank Limited’s appointment of chief executive officer and president

Karachi: In continuation to our letters referenced NIB/CSA/456/11 NIB/CSA/467/11 dated November 23, 2011 and December 19, 2011 respectively, we write to inform you that Mr. Baddar Kazmi has been appointed as the President and Chief Executive Officer of NIB Bank Limited (NIB) effective from January 07, 2012.

Upon assuming of office by Mr. Kazmi, Syed Aamir Zahidi would cease to serve as the interim President and Chief Executive Officer of NIB. Mr. Zahid would, however, continue to serve as a member of the Board of NIB.

For more information, contact:
Ather Ali Khan
Company Secretary
NIB Bank Limited
Muhammadi House
I.I. Chandigarh Road, Karachi
UAN: 111-333-111
Fax: (92-21) 32417503
Web: www.nibpk.com

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