Habib Bank Limited (HBL) has announced significant changes in its leadership. Mr. Muhammad Aurangzeb has resigned as President of HBL. The Board of Directors of HBL has accepted his resignation, which is now pending approval from the State Bank of Pakistan.

Following the resignation of Mr. Aurangzeb, the Board of Directors of HBL has named Mr. Muhammad Nassir Salim as the new President. His appointment is also subject to the approval of the State Bank of Pakistan.