Pakistan, Dec. 28 -- The Pakistan Banks Association (PBA) elected and constituted a new 16-member Executive Committee, including two female members and eight newly inducted member banks, marking a strategic shift toward greater inclusivity and broader industry representation.

Following the elections, the Executive Committee unanimously elected Mr. Zafar Masud, President and Chief Executive Officer of The Bank of Punjab, as Chairman of the PBA.

Commenting on his election, Mr. Masud said the newly constituted Executive Committee represents an important evolution in the Association's governance. He noted that the expanded and more diverse membership strengthens the PBA's ability to advance a National Economic Agenda, with a focus on bridg...