President and Chief Executive Officer of Faysal Bank Nouman Ansari has stepped down from his position, media sources have reported. Ansari completed his tenure and was offered an extension as well, sources are reported to have added.
Following negotiations with the board, Ansari decided to step down from the leadership of the bank. Sources are also reported to have confirmed that the bank will announce an acting president before selecting a full-time president and CEO.
Ansari served Faysal Bank for more than nine years as head of corporate and investment bank before assuming the position of CEO three years ago. Nouman has worked with various banks, in Pakistan and abroad, for over 23 years.