Circulars/Notifications - Banking Policy Department  
 BPD Circular Letter No.10
March 18, 2003  

All Foreign Banks,

Dear Sirs, 

FIT AND PROPER TEST FOR APPOINTMENT OF
PRESIDENT/CHIEF EXECUTIVE AND BOARD MEMBERS

 

  We are enclosing BPD Circular No. 35 dated 30-11-2002 alongwith its enclosures which was issued to all banks/DFIs. It has been decided that the criteria laid down therein for the appointment of Chief Executive shall henceforth be equally applicable to the Country Heads of the foreign banks operating in Pakistan.

Yours faithfully,
(Muhammad Ashraf Khan)
Senior Joint Director


BPD Circulars/ Circular Letters issued in 2002
       
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