Abdul Wahid Sethi assumes charge as Acting President & CEO of NBP

Karachi: Abdul Wahid Sethi has taken on the role of Acting President and Chief Executive Officer (CEO) of the Bank as of August 21, following the end of the previous President and CEO's term. This appointment was made by the Finance Division, aligning with the Corporate Governance Regulatory Framework. Sethi is well-versed in financial management, audit, risk, governance, and internal controls, having spent more than thirty years in both Pakistan's public and private sectors.

He has served at NBP since November 2009 and has held various senior leadership roles during his time there. Sethi is currently also serving as Senior Executive Vice President (SEVP) and Chief Financial Officer (CFO), positions he has held since September 2017. Prior to joining NBP, he had key roles in public and private sector organizations.

His professional background includes being an Internal Audit Specialist for the Punjab Government’s Education Department under a World Bank initiative on Public Financial Management and Internal Control. Additionally, he was the Head of Business Risk Services at Grant Thornton – AASR and worked at Sui Southern Gas Company Limited, New Allied Electronics (LG), and Harvest Smartend Securities.

Sethi is a Fellow Member of the Institute of Chartered Accountants since 2001 and holds an MBA in Finance from Imperial College of Business Studies (ICBS), Lahore, which he earned in 1995. His acting appointment ensures continued leadership at NBP as the government moves forward with appointing a permanent President and CEO. Leveraging his extensive institutional knowledge and professional expertise, Sethi will oversee the Bank's ongoing operations, financial management, and adherence to robust governance practices.