KARACHI State Bank of Pakistan has granted approval for extension of the services of Muhammad Usman Ali Usmani as the Chief Executive Officer/ President of MCB Bank till September 2012, says a press release. MUA Usmani served MCB Bank from1999 to 2006 as Group Head of Treasury & FX and rejoined the bank after retirement as Head - Treasury & FX in 2009 and soon promoted to CEO. The bank management has requested for the extension in his services as the bank has gained new heights under his leadership. MCB won The Best Large Bank of the Year and The Most Stable Bank of the Year awards by the CFA Association of Pakistan at '8th CFA Pakistans Annual Excellence Awards 2010 and The Euromoney award for The Best Bank in Pakistan.