Championship: Birmingham City confirm club not renewing services of stand in chairman for Carson Yeung
"BCFC wishes Mr Pannu all the best for the future."
Pannu signed his five-year consultancy agreement with majority shareholder Carson Yeung in September 2009. Since then Yeung's involvement in the club has come under scrutiny after accusations of money laundering were made.
In March, the accusations turned out to be true, and he was found guilty of the crime and jailed for six years, with Pannu, who had been helping with the running of the club during Yeung's trial.