Lahore – April 15, 2025 — The Board of Directors of The Bank of Punjab (BOP) has officially extended the tenure of Zafar Masud as President & CEO for another year, starting April 16, 2025. The decision was made during a board meeting held on April 10, and has been formally approved by the Finance Department of Punjab.
Zafar Masud, a seasoned banking professional with an impressive 32 years of experience, is widely recognized for his contributions to the banking sector in Pakistan and internationally. He began his career at American Express in 1993 and went on to serve in key positions at global financial institutions including Citibank, Barclays, Dubai Islamic Bank, Burj Capital, State Bank of Pakistan, National Bank of Pakistan, and Port Qasim Authority.
During his ongoing tenure at The Bank of Punjab, Masud has been instrumental in modernizing the bank’s digital infrastructure, enhancing operational efficiency, and steering the institution toward sustainable growth. He will continue to serve under the current terms of his contract.
In addition to his role at BOP, Zafar Masud is also serving as the Chairman of Oil & Gas Development Company Ltd. (OGDCL) — a testament to his multi-sectoral leadership and strategic foresight.
An alumnus of IBA Karachi, he holds an MBA in Banking and carries forward a legacy of excellence as the son of renowned TV actor and advertising personality Munawar Saeed.
MediaBites extends its heartfelt congratulations to Zafar Masud on this well-deserved extension and wishes him continued success in all his professional endeavors.
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