KARACHI: The tenure of Rehmat Ali Hasnie as President and Chief Executive Officer of the National Bank of Pakistan (NBP) expired on Friday, bringing his latest stint at the helm of one of the country’s largest commercial banks to a close.
NBP informed the Pakistan Stock Exchange (PSX) of the development through a notice issued on August 21, 2026.
“We wish to inform you that Rehmat Ali Hasnie’s tenure as President of NBP has expired as of today, i.e. August 21, 2026,” the bank said in its notification.
Earlier this month, the federal government had approved a two-week extension in Hasnie’s tenure as President and CEO, ensuring continuity while arrangements for the bank’s leadership were being made.
Hasnie was first proposed by the Finance Division in July 2023 as the leading candidate for the permanent position of NBP President and CEO for a three-year term. He was subsequently formally appointed to the post in August 2023.
A seasoned banking and financial markets professional, Hasnie joined NBP in 2010 and held several key leadership positions, including heading the bank’s investment banking, corporate banking and priority sector lending operations.
With more than 25 years of professional experience, he has worked across economics research, capital markets, investment banking, treasury and credit markets at various financial institutions in Pakistan.
Hasnie holds a master’s degree in Development Banking from The American University in the United States and has extensive expertise in the country’s banking and financial sector
