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Meezan Bank holds its 21st Annual General Meeting of the Shareholders

March 31st, 2017

The 21st Annual General Meeting (AGM) of Meezan Bank Limited was held on March 28, 2017 at its Head Office – Meezan House, Karachi. The meeting was chaired by Mr. Mohammad Abdul Aleem, Director & Chairman, Audit Committee – Meezan Bank and attended by Mr. Irfan Siddiqui – President & CEO – Meezan Bank, Mr. Ariful Islam, Deputy CEO – Meezan Bank, Mr. Shabbir Hamza Khandwala, CFO – Meezan Bank and Mr. Muhammad Sohail Khan, Company Secretary – Meezan Bank as well as the Bank’s shareholders.

The proceedings of the meeting included approval of the minutes of Extraordinary General Meeting held on October 31, 2016, adoption of the annual audited accounts, audited consolidated accounts for the year ended December 31, 2016, together with Auditors’ and Directors’ Report thereon and approval of 12.5% Final Cash Dividend in addition to 17.5% interim cash dividend that was paid by the Bank, bringing the total payout to Rs. 3.00 per share for the year. The shareholders acknowledged the impressive performance of the Bank and welcomed Mr. Muhammad Sohail Khan as the new Company Secretary of the Bank.