Four government-owned bank heads have been removed because they were appointed illegally.
Information Minister Fawad Chaudhry said on Wednesday that they were removed after the approval of the cabinet. Former finance minister Ishaq Dar had approved these illegal appointments, he said.
These include National Bank Chairperson Saeed Ahmed, First Women Bank President Tahira Raza, Zarai Taraqiati Bank President and CEO Syed Talat Mehmood and SME Bank President Ehsanul Haq Khan.
Prime Minister Imran Khan chaired the cabinet meeting on Thursday.