PID

PR No. 46
Meeting with Financial Advisor and Management of First Women Bank Limited (FWBL)
Islamabad: 6th December, 2023

The caretaker Federal Minister for Privatisation, Fawad Hasan Fawad, chaired a meeting of the Privatisation Commission with the Financial Advisor and Management of First Women Bank Limited (FWBL). The Minister was briefed regarding the proposed plan of action for the privatisation of FWBL. Mr. Farrukh Iqbal, CEO and President of FWBL apprised the meeting on the status of audited accounts and the management accounts. The Minister directed the Financial Advisor and the Management to expedite the process and to ensure that there are no delays. The timelines for completion of necessary prerequisites for prequalification of potential investors were agreed and finalised. This was the first high level meeting following the extension of Financial Services Agreement with Financial Advisor as approved by Privatisation Commission Board on November 10, 2023.

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PR No. 46 Meeting with Financial Advisor and Management of First Women Bank Limited (FWBL) Islamabad: 6th December, 2023

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PR No. 46
Meeting with Financial Advisor and Management of First Women Bank Limited (FWBL)
Islamabad: 6th December, 2023