Govt Appoints Muhammad Arif As ZTBL Acting President

The Pakistani federal government has chosen Zarai Taraqiati Bank Limited (ZTBL) Chief Financial Officer Muhammad Arif to serve as acting President and CEO for a six-month period, pending the bank's privatization. According to a Finance Division notification, Arif will assume the role while continuing his duties as CFO and Senior Executive Vice President at ZTBL.

During this transition, Arif will oversee the bank's operations, leveraging his experience in financial management, budgeting, reporting, and planning. ZTBL, Pakistan's specialized agriculture bank, provides financing for farmers' agricultural inputs, machinery, and livestock needs. The government's move aims to ensure smooth operations throughout the ownership transition.