Khair Mohammad Junejo is no longer the chairman of Network Microfinance Bank (NMFB) as the entire management of the bank has been changed, it emerged. According to industry sources, Junejo, along with six members, of the bank’s board of directors are a part of this overhaul in personnel, with effect from the 24th of this month. Those directors resigned from the bank include Nazar Muhammad Shaikh, Kamal Afsar, Syed Muhammad Rehmanullah, Farah Qureshi, Zainul Abidin Memon and Muhammad Siddiquie Khakbor. Jamshed Iqbal Cheema is said to have taken the helm of the bank’s board of directors. Those who replaced the outgoing directors are M Azam Cheema, M Akram Shahid, Shahida Bilquis, Qamar-uz-Zaman, Shoaib Ahmed Butt and Ejaz Ahmed Khan.
