Bank AL Habib

Dawood Habib Group, the sponsor of
Bank AL Habib Limited has a history in the banking sector dating back to the 1920’s. The group played a major role in meeting the financial needs of Pakistan making it the first institution to provide banking services to the new Country.

Dawood Habib Group

Dawood Habib Group, the sponsor of Bank AL Habib Limited has a long track record in banking that dates back to the 1920s. The Group was among the founder members of Habib Bank Limited and played a major role in meeting the financial and banking needs of Pakistan. It was nationalized along with other Banks in Pakistan on January 1, 1974. Under the subsequent privatization policy of Government of Pakistan, Dawood Habib Group was granted permission to set up a commercial bank.

Bank AL Habib was incorporated as a Public Limited Company in October 1991 and started banking operations in 1992. The Late Hamid D. Habib, grandson of the founder of Habib Group, was the first Chairman of Bank AL Habib Limited. He was the Director in Habib Bank Limited from 1954 and its Chairman from 1971 until its nationalization.

After the death of Mr. Hamid D. Habib in May 2000, Mr. Ali Raza D. Habib, who was Director on the Board, he was appointed the Chairman of the Bank, a position he continued to hold till October 2016. The Late Rashid D. Habib, who was the Managing Director of Habib Bank Limited from 1953 till its nationalization, was appointed as the Managing Director & Chief Executive of Bank AL Habib Limited until he passed away in 1994.

After his demise, Mr. Abbas D. Habib, the Joint Managing Director and a close associate of Bank AL Habib since its inception in 1991, was appointed as the Managing Director and the Chief Executive of the Bank. He currently holds the prestigious position of Chairman of the Board of Directors while Mr. Mansoor A. Khan has been appointed as Chief Executive effective November 1, 2016

In a short span of 28 years, the Bank's assets have grown to more than PKR 1 trillion, with a network of 745 plus branches and sub-branches, a Wholesale Branch in the Kingdom of Bahrain, Seychelles and Malaysia and Representative Offices in Dubai, Istanbul, Beijing and Kenya.

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History of Bank AL Habib

Vision Statement

To be our customers' most convenient and trusted bank

Mission Statement

To make banking safe, simple, and pleasant

Board of Directors

The Board of Directors of the Bank comprises of the following

CHAIRMAN
Mr. Abbas D. Habib

Mr. Abbas D. Habib became Chairman of the Board of Directors of Bank AL Habib on November 1, 2016. He is also Chairman of the IT Committee of the Board.

In 1991 with the inception of Bank AL Habib Limited, he became its Director and Joint Managing Director. On May 8, 1994 he assumed responsibilities as the Managing Director and Chief Executive of the Bank and served in that position till October 31, 2016.

Mr. Abbas D. Habib is a Fellow Member of the Institute of Bankers Pakistan and a Director on the Board of Habib Insurance Company Limited.

He has to his credit a rich experience of over 40 years in commerce, industry and banking in local and international environment. He has held senior management positions with various organizations of the Habib Group and gained international banking experience while working with Habibsons Bank Limited, London, as Regional Director and later as Executive Director.

Mr. Abbas D. Habib became Chairman of the Board of Directors of Bank AL Habib on November 1, 2016. He is also ...
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DIRECTOR
Mr. Anwar Haji Karim

Mr. Anwar Haji Karim is a director of Bank AL Habib Limited since its inception in 1991, and is also a member of the Audit Committee and Risk Management Committee of the Board.

He belongs to the Al Karam Group, a reputable business group of Pakistan, with interests in textiles and synthetics. He is the Chief Executive of Al Karam Textile Mills, Iqbal Textile Mills and Pakistan Synthetics Limited.

Mr. Anwar Haji Karim holds a Bachelor’s degree in commerce and has over 40 years’ experience in business and industry.

Mr. Anwar Haji Karim is a director of Bank AL Habib Limited since its inception in 1991, and is also a member ...
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DIRECTOR
Ms. Farhana Mowjee Khan

Managing Director of the Razaque Steel (Pvt.) Ltd, she has over 30 years’ experience in the local and international environment. She graduated from University College London, UK and Qualified Chartered Accountant from ICAEW, UK. She has held senior positions with various organizations. She joined the Board of Bank AL Habib Limited in April 2019 and also serves as a member in Human Resource and Remuneration Committee and Risk Management Committee of the Board.

Managing Director of the Razaque Steel (Pvt.) Ltd, she has over 30 years’ experience in the local and interna...
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DIRECTOR
Syed Mazhar Abbas

Syed Mazhar Abbas joined Bank AL Habib Limited in 1992 as a senior executive and became a Director in 2000.

He is Chairman of the Credit Risk Management Committee of the Board. He is also a member of Audit, Human Resource & Remuneration and IT Committees of the Board.

Syed Mazhar Abbas has had extensive exposure to international banking in several countries including Bahrain, Lebanon, France, UK, Egypt, and Hong Kong.

Syed Mazhar Abbas is a graduate of American University of Beirut. He has over 45 years’ experience in commercial banking. He has held senior executive positions at Habib Bank Limited, Bank of Credit & Commerce International, and Bank AL Habib Limited.

Syed Mazhar Abbas joined Bank AL Habib Limited in 1992 as a senior executive and became a Director in 2000. ...
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EXECUTIVE DIRECTOR
Mr. Qumail R. Habib

Mr. Qumail R. Habib, Executive Director of the bank since 1991 has been actively involved with the operations of the Bank since its inception.

He is responsible for enhanced oversight on Enterprise Risk and monitoring of Fraud Investigation Unit. He also serves as a member of the Credit Risk Management Committee, Risk Management Committee and IT Committee of the Board.

Mr. Qumail R. Habib is a graduate of the University of California in Business. He has over 25 years of diverse commercial, industrial, and banking experience. Before joining Bank AL Habib, he was the Resident Director of Al Ghazi Tractors Limited.

Mr. Qumail R. Habib, Executive Director of the bank since 1991 has been actively involved with the operations ...
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DIRECTOR
Mr. Safar Ali Lakhani

Mr. Safar Ali Lakhani was appointed a Director of Bank AL Habib in January 2014.

He is Chairman of Audit Committee of the Board. Credit Risk Management Committee and Risk Management Committee of the Board. Earlier, he was associated with Bank AL Habib Limited as advisor/consultant during the years 2011-2013.

Mr. Safar Ali Lakhani was the founder President of Soneri Bank from 1991 until his retirement in 2010. He has an extensive experience of working in different banks on various positions, including serving in Habib Bank Limited as a Senior Executive Vice President & General Manager for East & Pacific Region based in Singapore.

Mr. Lakhani holds a Bachelor’s degree in Commerce and is also a Law graduate.

Mr. Safar Ali Lakhani was appointed a Director of Bank AL Habib in January 2014. He is Chairman of Audit Com...
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DIRECTOR
Syed Hasan Ali Bukhari

Syed Hasan Ali Bukhari is a Director on the Board of Bank AL Habib Limited since June 2014. He is Chairman of Human Resource & Remuneration Committee of the Board. He is also a member of the Audit Committee and Credit Risk Management Committee of the Board.

During his illustrious career, Mr. Bukhari served in different positions in Mackinnon Mackenzie & Co. of Pakistan, a leading shipping agency, until his retirement as Chief Executive & Managing Director of the company in 2010. He is also adviser to Chairman, Hilton Pharma (Pvt.) Limited.

Syed Hasan Ali Bukhari is a commerce graduate and Chartered Accountant (FCA). He has vast experience in a professional accounting firm and shipping industry.

Syed Hasan Ali Bukhari is a Director on the Board of Bank AL Habib Limited since June 2014. He is Chairman of ...
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DIRECTOR
Mr. Murtaza H. Habib

Mr. Murtaza H. Habib joined the Board of Bank AL Habib Limited in 1991, and is also a member of the Credit Risk Management Committee of the Board.

He is currently Executive Director of Habib Sugar Mills, and also holds Directorships in several other companies of Habib Group. He is actively involved with social welfare activities of the Group.

Mr. Murtaza H. Habib holds a Bachelor’s degree in finance and has over 25 years’ experience in business and industry.

Mr. Murtaza H. Habib joined the Board of Bank AL Habib Limited in 1991, and is also a member of the Credit Ris...
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DIRECTOR
Mr. Arshad Nasar

Mr. Arshad Nasar was appointed as Director on the Board of Bank AL Habib Limited in March 2016. He is also a member of the Audit, Human Resource & Remuneration and IT Committees of the Board.

Earlier during the period 2006-2008, he served as Chief Executive Oil & Gas Development Co. Limited. He has also served as Chairman Oil & Gas Development Co. Limited from 2005 to 2008.

Mr. Nasar has the distinction of being the First Pakistani Chief Executive of Caltex Oil Pakistan Limited with his appointment as Managing Director in 1998. After the merger of Caltex, Chevron and Texaco in 2001, the new company viz Chevron appointed him Country Chairman and Managing Director. He joined Caltex in early 1968.

Mr. Nasar holds a Master’s Degree in Economics. He possesses over 40 years’ experience in management of oil & gas companies in private and public sectors.

Mr. Arshad Nasar was appointed as Director on the Board of Bank AL Habib Limited in March 2016. He is also a m...
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NIT NOMINEE DIRECTOR
Mr. Adnan Afridi

Mr. Adnan Afridi holds a Degree in Corporate Law and Bachelors Degree from Harvard University, USA. He assumed charge of the post of Managing Director, National Investment Trust Limited (NITL) in February 2019. He has 24 years of international experience in change management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and start up institutions. He has led a distinguished career in financial services and capital markets including serving as Managing Director of the Karachi Stock Exchange, CEO of the Overseas Chamber of Commerce and Industry, Chairman of National Clearing Corporate of Pakistan and Board of Directors of Central Depository Company. He is also member of the SECP Policy Board.

He also represents NITL as a Director on the boards of several well known multinational companies in Pakistan. He joined the Board of Director of Bank AL Habib Limited as a nominee of NITL in April 2019 and also serves as Chairman of Risk Management Committee of the Board.

Mr. Adnan Afridi holds a Degree in Corporate Law and Bachelors Degree from Harvard University, USA. He assumed...
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CHIEF EXECUTIVE
Mr. Mansoor Ali Khan

Mr. Mansoor Ali Khan was appointed Chief Executive of the Bank on November 1, 2016.

He had been with the Bank since 1994 in various positions, including Zonal Head, Group Head, and Chief Operating Officer. He is a nominee director on the Board of Habib Asset Management Limited and also serves as a Chairman/member of various Internal Committees of the Bank.

Earlier, he served at various positions in Bank of Credit & Commerce International (Pakistan, Dubai-UAE, Yemen), from January 1985 to March 1992.

Mr. Mansoor is a member of the Council of the Institute of Bankers Pakistan. He has attended many courses/trainings including Directors’ Training Program from the Institute of Business Administration (IBA), in January 2016.

He holds a Master’s Degree in Business Administration (Banking & Finance) and has a vast experience in commercial banking.

Mr. Mansoor Ali Khan was appointed Chief Executive of the Bank on November 1, 2016. He had been with the Bank...
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EXECUTIVE DIRECTOR
Mr. Qumail R. Habib
CHIEF EXECUTIVE
Mr. Mansoor Ali Khan
GROUP HEAD
Mr. Ehtesham H. Ali
GROUP HEAD
Mr. Aun Ali
COMPANY SECRETARY
Mr. Mohammad Taqi Lakhani
CHIEF INTERNAL AUDIT (CIA)
Mr. Arif Saeed Khan
GENERAL MANAGER (Centralized Processing Unit)
Mr. Shahid R. Salehi
GENERAL MANAGER (Credit)
Mr. Tahir Aziz
GENERAL MANAGER (Customer Services)
Mr. Akbar Raza Khan
DEPUTY GENERAL MANAGER (Equity Market Department)
Mr. Hasnain
CHIEF FINANCIAL OFFICER
Mr. Ashar Husain
GENERAL MANAGER (Human Resource & Administration)
Mr. Ali Ashar Jaffri
GENERAL MANAGER (Human Resource Division)
Mr. Mehboob Ali
CHIEF INFORMATION OFFICER
Syed Aziz Wasti
TREASURER
Mr. Raza Ali
DEPUTY GENERAL MANAGER (Islamic Banking)
Mr. Mohammad Amin Tejani
GENERAL MANAGER (Overseas Operations)
Mr. Shahzad Hussain
DEPUTY GENERAL MANAGER (Systems And Procedures)
Mr. Amin Sajid
CHIEF RISK OFFICER
Mr. Mohammad Zafar Amin
GENERAL MANAGER (Regional Head)
Mr. Ali A. Habib
DEPUTY GENERAL MANAGER (Faislabad Zone)
Mr. Wasim Irfan
DEPUTY GENERAL MANAGER (Gujranwala Zone)
Mr. Javaid Riaz
GENERAL MANAGER (Lahore Zone)
Syed Anser Abbas Zaidi
GENERAL MANAGER (Islamabad Zone)
Syed Wadood Wasti
GENERAL MANAGER (Multan Zone)
Mr. Mahmood Zahid
General Manager (KPK Zone)
Mr. Muhammad Khalid Mehmood Tarar
GENERAL MANAGER (Karachi Zone)
Mr. Ahsan Mushahid Siddiqui
GENERAL MANAGER (Sindh & Balochistan Zone)
Mr. Aijaz Hussain Bhimani
CHIEF REPRESENTATIVE OFFICER (Representative Office, Turkey)
Ms. Yasemin Toy
ASSISTANT GENERAL MANAGER (Representative Office, China)
Mr. Muhammad Hanif
SENIOR CHIEF MANAGER (Representative Office, Dubai)
Mr. Shahzad U. Qureshi
CHIEF REPRESENTATIVE OFFICER (Representative Office, Kenya)
Mr. Aliraza Yousuf
GENERAL MANAGER (Offshore Branch, Bahrain)
Mr. Yaqoob Yusuf AL Aseeri
CHIEF MANAGER (Offshore Branch, Seychelles)
Syed Azhar Abbas Zaidi
ASSISTANT GENERAL MANAGER (Offshore Branch, Labuan-Malaysia)
Mr. Rehmat Ali Dossa
SENIOR CHIEF MANAGER (Marketing Office, Kuala Lumpur-Malaysia)
Mr. Brian Keith Demello
RELATIONSHIP MANAGER (Marketing Office, Johar Bahru-Malaysia)
Ms. Nurhafizawati Binti Abdul Aziz
CHIEF COMPLIANCE OFFICER (Compliance)
Mr. Qaiser Mahmood
GENERAL MANAGER (Karachi Zone)
Mr. Mohammad Haider Raza
GENERAL MANAGER (Representative Office, Turkey)
Mr. Zahid Saeed Mirza
Creadit Cards

Credit Ratings

PACRA Maintains Entity & Instrument Ratings of Bank AL Habib Limited.

Alhamdollilah, Pakistan Credit Rating Agency Limited (PACRA) has maintained the Bank's long term and short term entity ratings at AA+ (Double A plus) and A1+ (A One plus), respectively. The ratings of our unsecured, subordinated TFCs have also been maintained at AA (Double A) for TFC-2016 and TFC-2018, and AA- (Double A minus) for TFC-2017 (perpetual). These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments.

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Corporate Social Responsibility

The Bank is fully committed to the concept of Corporate Social Responsibility and fulfills this responsibility by engaging in a wide range of activities which include:

  • Corporate philanthropy amounting to Rs. 159.8 million by way of donations during the year for health, social and educational development and welfare of under-privileged people;

  • Energy conservation, environmental protection, and occupational safety and health by restricting unnecessary lighting, implementing tobacco control law and “No Smoking Zone”, and providing a safe and healthy work environment;

CSR

History of Bank

Started Career in 1891

Habib Esmail, founder of Habib Group, started his career in Bombay in 1891 at the age of 13 on a salary of Rs. 5 per month in a firm that dealt in copper and brass utensils. He worked day and night, arriving before the shop opened, staying till late in the night, and then walking home to save money on conveyance. No wonder that in the short span of five years, at the age of 18, he was made a partner in the firm. Even at that young age, he had established an excellent reputation for honesty, hard work, fair play, trustworthiness, humility. These values continue to guide the activities of Habib Group to this day.

Started Career in 1891

Habib Esmail, founder of Habib Group, started his career in Bombay in 1891 at the age of 13 on a salary of Rs. 5 per month in a firm that dealt in copper and brass utensils. He worked day and night, arriving before the shop opened, staying till late in the night, and then walking home to save money on conveyance. No wonder that in the short span of five years, at the age of 18, he was made a partner in the firm. Even at that young age, he had established an excellent reputation for honesty, hard work, fair play, trustworthiness, humility. These values continue to guide the activities of Habib Group to this day.

Started Career in 1891

Habib Esmail, founder of Habib Group, started his career in Bombay in 1891 at the age of 13 on a salary of Rs. 5 per month in a firm that dealt in copper and brass utensils. He worked day and night, arriving before the shop opened, staying till late in the night, and then walking home to save money on conveyance. No wonder that in the short span of five years, at the age of 18, he was made a partner in the firm. Even at that young age, he had established an excellent reputation for honesty, hard work, fair play, trustworthiness, humility. These values continue to guide the activities of Habib Group to this day.

Started Career in 1891

Habib Esmail, founder of Habib Group, started his career in Bombay in 1891 at the age of 13 on a salary of Rs. 5 per month in a firm that dealt in copper and brass utensils. He worked day and night, arriving before the shop opened, staying till late in the night, and then walking home to save money on conveyance. No wonder that in the short span of five years, at the age of 18, he was made a partner in the firm. Even at that young age, he had established an excellent reputation for honesty, hard work, fair play, trustworthiness, humility. These values continue to guide the activities of Habib Group to this day.

Started Career in 1891

Habib Esmail, founder of Habib Group, started his career in Bombay in 1891 at the age of 13 on a salary of Rs. 5 per month in a firm that dealt in copper and brass utensils. He worked day and night, arriving before the shop opened, staying till late in the night, and then walking home to save money on conveyance. No wonder that in the short span of five years, at the age of 18, he was made a partner in the firm. Even at that young age, he had established an excellent reputation for honesty, hard work, fair play, trustworthiness, humility. These values continue to guide the activities of Habib Group to this day.

Corporate Information

  • Incorporation Number:

    M-00449 (New CUIN No. 0025432)

  • National Tax Number: 0709857-0
  • Status of Comapany: PIC
  • Registered Office:

    126-C, Old Bahawalpur Road, Multan

    PHONE (92-61) 4580314-16

    FAX (92-61) 4582471

  • Principal Office:

    Mackinnons Building, I.I. Chundrigar Road, Karachi

    PHONE (92-21) 32412421, 32446916, 111-786-110

Associated Companies

Habib Insurance Company Limited
Habib Sugar Mills Limited
Habib Asset Management Limited

Subsidiary

AL Habib Capital Markets (Pvt.) Ltd.

Code of Conduct