JS Bank reappoints Basir Shamsie as CEO, Adil Matcheswala as Chairman

JS Bank Limited has reappointed Mr. Basir Shamsie as the President and CEO for the remainder of his employment contract, as confirmed in a notification issued by the bank on Friday. 

This decision follows the recent election of directors on March 28, 2025, and is in accordance with the provisions of the Companies Act, 2017.

Additionally, Mr. Adil Matcheswala has been reappointed as Chairman of the Board of Directors for a three-year term. 

Both appointments have been made in line with the formalities required under the Companies Act and following the latest election of directors at the bank.