The Bank of Khyber (BoK) is pleased to announce a strategic partnership with ABL Funds for the distribution of ABL Asset Management Mutual Fund Units through BoK's extensive branch network. This collaboration aims to expand investment opportunities for customers, providing them with easy access to a diverse range of mutual funds, including voluntary pension schemes offered by ABL Funds.
The partnership was formalized with the signing of a Memorandum of Understanding (MoU) by Zarak Khan, Head of Liability & Business Development Division at BoK, and Naveed Nasim, CEO of ABL Funds. The signing ceremony was attended by senior leadership from both organizations.
The partnership was formalized with the signing of a Memorandum of Understanding (MoU) by Zarak Khan, Head of Liability & Business Development Division at BoK, and Naveed Nasim, CEO of ABL Funds. The signing ceremony was attended by senior leadership from both organizations.
From BoK, key attendees included Irfan Saleem Awan, MD/CEO (A) & CFO; Sher Muhammad, Group Head Conventional Banking; Muhammad Asif, Group Head HRDG; Abdullah Ghaffar, Group Head Islamic Banking; and Sara Shah, Company Secretary. Representing ABL Funds were Syed Khalid Husain, Country Head; Azmat Baig, Head of Retail; Rehan Ansari, Head of Operations; and Sulaim Nensey, Regional Head of Institutional Sales and ADC.
Through this agreement, BoK will act as a distribution agent for ABL Asset Management Mutual Fund Units, enabling customers, particularly organizations, to diversify their investments and take advantage of the expansive product offerings of ABL Funds. The partnership is set to enhance investment accessibility, bringing greater financial opportunities to BoK's clientele across its branch network.