Naveed Kazi, President and Chief Executive Officer of American Express Bank in a letter sent to the clients has assured them that the new management "will continue to be a highly compliant bank and would ensure that all laws and regulations are meticulously followed. 'Good Governance, 'Management Excellence' and a 'High degree of professionalism' will be its focus".
JS Group is one of the largest investment groups in Pakistan. Its major financial sector companies include Jahangir Siddiqui & Co Ltd, Jahangir Siddiqui Investment Bank Ltd, (now merged into JS Bank Ltd), Jahangir Siddiqui Capital Markets, JS Finance & JS Abamco Ltd. Majority of American Express staff has joined the newly merged entity, he added.