Regulatory Alerts2026-04-27 | Circular Letter No. 02 of 2026Assumption of Charge as Director, Banking Supervision Department-1
The State Bank of Pakistan’s Banking Supervision Department-1 issued this circular to appoint Mr. Muhammad Afzal Khattak as Director, effective April 27, 2026. The document formally notifies all banks and exchange companies of the transition while providing the Director’s specimen signature and contact details. Institutions are required to update their records and correspondence channels accordingly.
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