Summit Bank Limited announced that at the meeting of the board of directors held on August 03, 2018, the board ratified the appointment of Mr. Ahsan Raza Durrani as Acting President and Chief Executive Officer/Executive Director of the bank in place of Mr. Muhammad Zahir Esmail who shall be retiring from the office of President and Chief Executive Officer/Executive Director on attaining the age of 70 years, on August 07, 2018. Mr. Durrani's appointment is subject to necessary regulatory approval.