PESHAWAR, Bank of Khyber has appointed Sher Mohammad Mohmand as Managing Director and Chief Executive Officer of its wholly owned subsidiary, BOK Currency Exchange Company (Pvt.) Ltd., following approval by the bank’s Board of Directors.
According to the announcement, Mohmand has been placed on deputation to the subsidiary for an initial term of three years, effective from the date he assumes charge. The appointment comes as part of the bank’s broader efforts to strengthen governance and operational leadership within its group structure.
Experienced banking professional with 15+ years at BOK
Sher Mohammad Mohmand brings more than 15 years of experience at Bank of Khyber, where he has held multiple senior leadership roles across key departments.
His previous positions include Group Head of Commercial, SME & Agriculture Finance, Conventional Banking, Human Resource Development, and Divisional Head of Risk Management. During his tenure, he has been involved in strategic planning, risk governance, operational restructuring, and business growth initiatives.
Bank officials said his leadership has contributed to strengthening institutional processes, improving efficiency, and supporting the bank’s long-term development objectives.
Focus on growth and exchange sector operations
In its statement, Bank of Khyber said the leadership change is expected to support the next phase of growth for its currency exchange subsidiary, particularly in improving service delivery and operational performance within Pakistan’s regulated foreign exchange sector.
The bank’s management expressed confidence that Mohmand’s experience in banking operations and risk management will help reinforce the subsidiary’s position in the market, in line with regulatory requirements set by the State Bank of Pakistan.
The Board of Directors and management also extended their congratulations and best wishes to the newly appointed CEO.
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