United Bank, named earlier as the best bank of the country, has appointed, for the first time in Pakistan’s’s history, a lady President for the institution. said an announcement here Monday.
It said that Sima Kamil, currently the bank’s deputy CEO will take charge on June 1, as director had approve her elevation to head an important its directors said in a statement.
An AFP quoted Munir Kamal, chairman of the Pakistan Stock Exchange as saying that “she is of course is the first chief of any commercial bank, and it is a huge step forward in the banking and corporate sectors of Pakistan.”
He described Sima as a “solid professional”.
Women in Pakistan have fought for decades to secure rights for themselves, in a country where so-called honour killings and acid attacks remain commonplace, the French news agency recalled.
They face routine discrimination in the workplace as well as harassment in public, and few women have headed any high-profile firms in the country.
Kamal cited Shazia Syed as another female pioneer after she was last year made head in Pakistan of Unilever, a Dutch-British multinational.
“Things are transforming in Pakistan now, the world must know that,” he said.
UBL, headquartered in the financial hub Karachi, employs 15,000 people and has branches in Pakistan 15 foreign countries, including the US, Qatar and the United Arab Emirates.