MCB Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Shoaib Mumtaz

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.2yrs
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO

Shoaib Mumtaz

2.2yrs

Tenure

Mr. Shoaib Mumtaz is a Director at MCB investment management Limited (formerly known as MCB - Arif Habib Savings and Investments Limited) from 2023. He served as Director at MCB Bank Limited since December...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shoaib Mumtaz	President & CEO	2.2yrs	no data	no data
Hammad Khalid	Chief Financial Officer	5.6yrs	no data	no data
Kashif Ali	Group Head Operations	3.1yrs	no data	no data
Faisal Anwar	Chief Information Officer	less than a year	no data	no data
Khurram Saeed	Investor Relation Officer	no data	no data	no data
Syed Mudassar Naqvi	Group Head of Legal Affairs	11.3yrs	no data	no data
Waqas Mahmood	Chief Compliance Officer	less than a year	no data	no data
Hassan Tarar	Group Head of Security & Marketing	7.8yrs	no data	no data
Usman Hassan	Group Head of Human Resource Management	no data	no data	no data
Malik Waheed	Group Head of Oversight & Monitoring	no data	no data	no data
Muhammad Azfar Nomani	Group Head	less than a year	no data	no data
Muhammad Chughtai	Group Head of Risk Management	no data	no data	no data

2.6yrs

Average Tenure

Experienced Management: MCB's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mufti Syed Hussain	Head of Shari’ah Compliance Department & Resident Shari’ah Board Member	no data	no data	no data
Mohammad Mansha	Non-Executive Chairman of the Board	33yrs	PK₨6.00m	6.18% PKR 15.6b
Muhammad Mansha	Non-Executive Director	15.1yrs	PK₨4.60m	2.89% PKR 7.3b
Muhammad Zeb	Non-Executive Director	10.8yrs	PK₨4.00m	0.000050% PKR 126.3k
Mufti Munib-Ur-Rehman	Chairman of Shari'ah Board	no data	no data	no data
Muhammad Rafi	Non-Executive Director	33yrs	PK₨1.60m	2.94% PKR 7.4b
Shariffuddin Bin Khalid	Non-Executive Director	4.8yrs	PK₨4.50m	0.000040% PKR 101.0k
Mohd Suhail Amar Bin Abdullah	Non-Executive Director	10.2yrs	PK₨5.30m	0.000070% PKR 176.8k
Iqraa Mansha	Non-Executive Director	7.9yrs	PK₨2.00m	0.76% PKR 1.9b
Yahya Saleem	Non-Executive Independent Director	6.1yrs	PK₨4.00m	0.000040% PKR 101.0k
Salman Butt	Non-Executive Independent Director	5.4yrs	PK₨6.10m	0.0041% PKR 10.4m
Shahzad Hussain	Non-Executive Independent Director	4.9yrs	PK₨2.50m	0.000040% PKR 101.0k

9.0yrs

Average Tenure

60yo

Average Age

Experienced Board: MCB's board of directors are considered experienced (9 years average tenure).

MCB Bank Management

Management criteria checks 2/4

Key information

Recent management updates

MCB Bank Limited, Annual General Meeting, Mar 27, 2024

MCB Bank Limited, Annual General Meeting, Mar 27, 2024

MCB Bank Limited Announces Board Changes

MCB Bank Limited Appoints Shoaib Mumtaz as Chief Executive Officer, Effective February 21, 2021

Recent updates

Fourth quarter dividend of PK₨9.00 announced

Consensus revenue estimates decrease by 19%

MCB Bank Limited to Report Q1, 2024 Results on Apr 24, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

MCB Bank Limited, Annual General Meeting, Mar 27, 2024

MCB Bank Limited, Annual General Meeting, Mar 27, 2024

Upcoming dividend of PK₨9.00 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter dividend of PK₨9.00 announced

Price target increased by 11% to PK₨192

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: PK₨16.57 (vs PK₨7.80 in 3Q 2022)

Consensus revenue estimates decrease by 12%

New major risk - Revenue and earnings growth

MCB Bank Limited to Report Q3, 2023 Results on Oct 25, 2023

Consensus revenue estimates increase by 22%

Full year 2022 earnings released: EPS: PK₨29.00 (vs PK₨26.31 in FY 2021)

Upcoming dividend of PK₨6.00 per share at 17% yield

MCB Bank Limited Announces Board Changes

Price target decreased by 7.4% to PK₨177

Third quarter 2022 earnings released: EPS: PK₨7.80 (vs PK₨6.73 in 3Q 2021)

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of PK₨4.00 per share

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of PK₨5.00 per share

Upcoming dividend of PK₨5.00 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

MCB Bank Limited Appoints Shoaib Mumtaz as Chief Executive Officer, Effective February 21, 2021

MCB Bank Limited to Report Fiscal Year 2021 Results on Feb 10, 2022

Upcoming dividend of PK₨4.50 per share

Third quarter 2021 earnings released: EPS PK₨6.73 (vs PK₨8.42 in 3Q 2020)

Upcoming dividend of PK₨5.00 per share

Second quarter 2021 earnings released: EPS PK₨6.64 (vs PK₨5.74 in 2Q 2020)

Upcoming dividend of PK₨4.50 per share

First quarter 2021 earnings released: EPS PK₨5.92 (vs PK₨5.59 in 1Q 2020)

New 90-day low: PK₨173

Full year 2020 earnings released: EPS PK₨24.82 (vs PK₨20.14 in FY 2019)

Revenue beats expectations

MCB Bank Limited to Report Fiscal Year 2020 Results on Feb 10, 2021

New 90-day high: PK₨199

New 90-day high: PK₨186

New 90-day high: PK₨180

Analysts update estimates

New 90-day low: PK₨166

MCB Bank Limited Announces No Dividend for the Third Quarter Ended September 30, 2020

Third quarter earnings released

Third-quarter earnings released: Earnings beat expectations

Analysts update estimates

First half earnings released

New 90-day high - PK₨169

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age