April 1st, 2010
Meezan Bank Limited recently held the 14th Annual General Meeting of its Shareholders at Beach Luxury Hotel, Karachi.
Mr. Irfan Siddiqui (President and CEO) chaired the meeting that was attended by Mr. Naim Farooqui representing Pakistan Kuwait Investment Company (Pvt.) Ltd, Mr. Azfar Hussain Qarni representing Islamic Development Bank, Jeddah, Mr. Shabbir Hamza Khandwala (Chief Financial Officer) and Mr. Najmul Hussain (Partner, External Auditors – KPMG Taseer Hadi & Co.) and other Shareholders of Meezan Bank Limited. Mr. Irfan Siddiqui informed that Meezan Bank is the 1st Bank to announce its audited financial results for the year ended December 31, 2009.
The shareholders considered the matters presented through the Notice of Meeting that had been circulated earlier and all matters including the approval of the Annual Audited and Consolidated Accounts and approval of 5% Bonus shares were passed. The members also acknowledged the good performance of the Bank despite difficult economic conditions.