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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 it's 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 more than 1140 branches and sub-branches, a Wholesale Branch in the Kingdom of Bahrain, 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, Founder Member & Chairman of the Board, has over 50 years’ commercial, industrial and banking experience in the domestic and international markets. He is a Fellow Member of the Institute of Bankers, Pakistan. He has held senior management positions with various organizations of the Habib Group and gained international banking experience. He retired from the Board of Habib Insurance Company Limited in April 2023. Upon the inception of Bank AL Habib Limited in 1991, he became its Director and Joint Managing Director. He assumed responsibilities as Managing Director and Chief Executive of the Bank on May 8, 1994, and served in that position till October 31, 2016. He became Chairman of Bank AL Habib Limited on November 1, 2016. He is also the Chairman of the Board of AL Habib Asset Management Limited, a wholly owned subsidiary of the Bank since August 11, 2020.

Mr. Abbas D. Habib, Founder Member & Chairman of the Board, has over 50 years’ commercial, industrial and bank...
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NIT NOMINEE DIRECTOR
Mr. Adnan Afridi

Mr. Adnan Afridi holds a Bachelor’s degree in Economics and a Juris Doctor degree in Law from Harvard University, USA. His industry experience includes Capital Markets, Private Equity, Financial Services, Real-Estate, Health Care, Natural Resources, Logistics, Large-Scale Manufacturing, Technology and Food sectors, operating in CEO roles with Board level experience.  He assumed charge as Managing Director of Pakistan’s first and largest Asset Management Company, National Investment Trust Limited (NITL) in February 2019. Mr. Afridi has over 28 years’ international experience in Change Management, business transformation, innovation and profitability enhancement in blue chip companies, public sector and high growth situations. He has led a distinguished career in financial services and capital markets, including the position of Managing Director of the Karachi Stock Exchange, CEO of Overseas Chamber of Commerce and Industry (OICCI), Chairman of National Clearing Corporation of Pakistan (NCCPL) and Board of Directors of Gul Ahmed Textile Mills limited, Trading Corporation of Pakistan and Central Depository Company (CDC). He had also served as a member of SECP Policy Board for 4 years. Mr. Afridi also serves as Chairman of the Board of Governors of The Kidney Center Post Graduate Institute and also as Board member of Shaukat Khanum Memorial Trust. He was also president of Old Grammarians Society and former Board member of Young Presidents’ Organization (YPO) as well as currently serving as member of Young Presidents’ Organization (YPO) – Gold Pakistan. He joined the Board of Bank AL Habib Limited as a nominee of NITL in April 2019.

Mr. Adnan Afridi holds a Bachelor’s degree in Economics and a Juris Doctor degree in Law from Harvard Universi...
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DIRECTOR
Mr. Anwar Haji Karim

Mr. Anwar Haji Karim holds a Bachelor’s degree in commerce and has over 40 years’ experience in business and industry. He belongs to the Al Karam Group, a reputable business group of Pakistan, with interests in textiles and synthetics. He is the Chairman of AL Karam Textile Mills (Private) Limited and Iqbal Textile Mills (Private) Limited. He is a Founder Member of the Board of Directors of the Bank since its inception in 1991.

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

Mr. Arshad Nasar served as Chairman and Chief Executive of Oil & Gas Development Company Ltd (OGDCL) from 2005 - 2008. Under his watch, OGDCL successfully launched a Global Depository Receipt (GDR) issue and was listed on London Stock Exchange. Mr. Nasar previously served as Country Chairman and Managing Director of Caltex Oil (Chevron) Pakistan Ltd from 1998 – 2004, the first Pakistani to lead Caltex Oil in Pakistan. He retired from the Company after 36 years of service. He holds a Master's Degree in Economics and has extensive functional and Management experience in a wide ranging international corporate career spanning more than 40 years. Mr. Nasar has served as Director on the Boards of: Oil & Gas Development Company Limited (OGDCL), Caltex Oil (Chevron) Pakistan Ltd, Engro Corporation Pakistan Ltd, Engro Fertilizer Ltd, Pakistan Industrial Development Corporation (PIDC), Pakistan Refinery Limited (PRL), Mari Gas Company, The American Business Council of Pakistan, and Petroleum Institute of Pakistan. Presently, he is also on the Board of FAST National University of Computer and Emerging Sciences. He joined the Board of Bank AL Habib Limited in March 2016.

Mr. Arshad Nasar served as Chairman and Chief Executive of Oil & Gas Development Company Ltd (OGDCL) from 2005...
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DIRECTOR
Ms. Farhana Mowjee Khan

Ms. Farhana Mowjee Khan, Director of Razaque Steels (Private) Limited, has over 35 years’ experience in the local and international environment. She has also served as Managing Director of Razaque Steels (Private) Limited from 1994 to 2006. She graduated from University College London, UK and is a qualified Chartered Accountant from Institute of Chartered Accountants in England and Wales, UK. Ms. Farhana Mowjee Khan is also a director of Shabbir Tiles and Ceramics Limited. She joined the Board of Bank AL Habib Limited in April 2019.

Ms. Farhana Mowjee Khan, Director of Razaque Steels (Private) Limited, has over 35 years’ experience in the lo...
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Director
Mr. Mohammad Rafiquddin Mehkari

Mr. Mohammad Rafiquddin Mehkari holds a Bachelor degree and has over 43 years’ experience in international and domestic banking. Mr. Mehkari has served as President & Chief Executive of Askari Bank Limited from June 2008 to May 2013. He also served as Director, Exchange Policy Department, State Bank of Pakistan. He carries a varied and versatile banking experience in all banking dimensions including operations, credit, treasury, foreign exchange, fund management and investment banking. He also served as Director on the board of: Askari Investment Management Limited, Khushhali Microfinance Bank Limited, 1- Link Limited, and Export Processing Zone. Mr. Mehkari is currently serving as member of governing board of Imdad foundation, Infaq Foundation and Centre for Development of Social Services. He joined the Board of Bank AL Habib Limited in June 2022.

Mr. Mohammad Rafiquddin Mehkari holds a Bachelor degree and has over 43 years’ experience in international and...
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DIRECTOR
Mr. Murtaza H. Habib

Mr. Murtaza H. Habib holds a Bachelor’s degree in finance from Texas A&M University, USA, and has over 25 years’ experience in business and industry. 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. He is a Founder Member of the Board of Directors of the Bank since its inception in 1991, except for a gap of one year.

Mr. Murtaza H. Habib holds a Bachelor’s degree in finance from Texas A&M University, USA, and has over 25 year...
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EXECUTIVE DIRECTOR
Mr. Qumail R. Habib

Mr. Qumail R. Habib is a graduate of the University of California in Business Economics and has over 35 years’ commercial, industrial, and banking experience. He is a Founder Member of the Board and Executive Director of the Bank since its inception in 1991. Prior to that, he was Resident Director of AL Ghazi Tractors Limited. He has been actively involved with the operations of the Bank since its inception. He is responsible for enhanced oversight on Enterprise Risk and Corporate Strategy, and for monitoring Fraud Investigation Unit. He has been on the Board of Habib Insurance Company Limited since October 03, 2017.

Mr. Qumail R. Habib is a graduate of the University of California in Business Economics and has over 35 years’...
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DIRECTOR
Syed Mazhar Abbas

Syed Mazhar Abbas studied at American University of Beirut. He has over 45 years’ experience in commercial banking, including senior executive positions at Habib Bank Limited and Bank AL Habib Limited. He has had extensive exposure to international banking in several countries including Bahrain, Lebanon, France, UK, Egypt, and Hong Kong. He joined Bank AL Habib Limited in 1992 as a senior executive and became its Director in 2000.

Syed Mazhar Abbas studied at American University of Beirut. He has over 45 years’ experience in commercial ban...
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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 AL 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 - Business
Mr. Aun Ali
Head of Strategy and Special Projects
Mr. A. Saeed Siddiqui
Group Head - Islamic Banking, Customer Service & Equity Market
Mr. Ali Asad Habib
CHIEF FINANCIAL OFFICER
Mr. Ashar Husain
Group Head - Admin & IT
Mr. Ali Ashar Jaffri
Group Head - International
Mr. Ehtesham Hamid Ali
Company Secretary
Mr. Mohammad Taqi Lakhani
Head of Marketing & Digital Innovation
Mr. Qasim Habib
CHIEF COMPLIANCE OFFICER
Mr. Qaiser Mahmood
Head of Islamic Banking
Mr. Saif Abbas
Chief Information Security Officer
Syed Aun Abbas Bokhari
Head of Audit
Mr. Arif Saeed Khan
Head of Centralized Operations
Mr. Shahid R. Salehi
Head of Credits
Mr. Tahir Aziz
Head of Customer Services
Mr. Akbar Raza Khan
Head of Human Resources
Mr. Mehboob Ali
Head of Legal Affairs
Syed Qalb e Abbas Kazmi
Head of Brand, Digital & Media
Syed Zafar Ali Zaidi
Head of Treasury
Mr. Raza Ali
Head of Equity Market
Mr. Hasnain
Head of Consumer Banking
Syed Hussain Aqdas Rizvi
Head of Agriculture
Mr. Fiaz Ahmed Malik
Head of Home Remittance & BDB
Mr. Qamber Ali
Head of Risk Management
Mr. Rizwan Hussain
Head of FIU
Syed Abbas Raza Kazmi
Head of Investment Banking
Syed Mohammad Imad Riaz
Head of Cash Management
Mr. Mustafa Nisar Hussain
Head of Systems & Procedures
Mr. Aamir Aziz Khanani
Head of SME
Mr. Masood Ahmed Qureshi
Head of Commercial Vehicle
Mr. Imtiaz Ali
Zonal Head - Karachi
Mr. Shahzad Hussain
Zonal Head - Lahore
Syed Anser Abbas Zaidi
Zonal Head - Faisalabad
Mr. Wasim Irfan
Zonal Head - Gujranwala
Syed Fazal Abbas Zaidi
Zonal Head - Northern
Syed Wadood Wasti
Zonal Head - Khyber Pakhtunkhwa
Mr. Nawaz Noor
Zonal Head - Multan
Mr. Mahmood Zahid
Zonal Head - Jhelum
Mr. Muhammad Khalid Mehmood Tarar
Zonal Head - Sindh
Mr. Aijaz Hussain
Zonal Head - Balochistan
Mr. Dur Muhammad Baloch
Zonal Head Islamic Banking - Khi-S&B
Mr. Muhammed Zafar Amin
Zonal Head Islamic Banking - Northern Zone
Syed Hasan Hyder Mashhadi
Zonal Head Islamic Banking - Central Zone
Mr. Shozab Ali
Head of Overseas Operations
Mr. Shahzad Hussain
Country Manager -Wholesale Branch, Bahrain
Mr. Yaqoob Yusuf AL Asiri
Country Manager - Malaysia
Mr. Rehmat Ali Dossa
Chief Representative Officer - Beijing, China
Mr. Danish Shoeb
Chief Representative Officer, Nairobi, Kenya
Mr. Muhammad Hasnain
Chief Representative Officer - Dubai, U.A.E.
Mr. Sheikh Muhammad Kashif Shafiq
CHIEF REPRESENTATIVE OFFICER (Representative Office, Turkey)
Ms. Yasemin Toy
Creadit Cards

Credit Ratings

Alhamdolillah, Pakistan Credit Rating Agency Limited (PACRA) has maintained the Bank's long term entity and short term entity ratings at AAA (Triple A) and A1+ (A One plus), respectively. This long term credit rating AAA (Triple A) denotes the highest credit quality with the lowest expectation of credit risk, and indicates exceptionally strong capacity for timely payment of financial commitments.

The ratings of our unsecured, subordinated Term Finance Certificates (TFCs) are AAA (Triple A) for TFC-2018, TFC-2021 and TFC-2022, and AA+ (Double A plus) for TFC-2017 (perpetual) and TFC-2022 (perpetual). These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments. Further, the TFC-2022 the TFC-2022 (perpetual) issued in 2022, were listed on Pakistan Stock Exchange (PSX) pursuant to Chapter 5C of PSX Rule Book.

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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

AL Habib Green Banking Policy Statement

The policy has been prepared in light of the “Green Banking Guidelines” issued by SBP vide IH&SMEFD Circular # 08 dated October 09, 2017.

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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 Company: 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

Subsidiaries

AL Habib Capital Markets (Private) Limited
AL Habib Asset Management Limited
AL Habib Exchange Company (Private) Limited

Code of Conduct