Abbas D. Habib Appointed as Chairman of Bank Al Habib

abbas_d_habib_lSenior Banker Abbas D Habib, CEO of Bank Al-Habib has been appointed as Chairman for the same after vacating his previous post.

State Bank of Pakistan (SBP) has approved his appointment as chairman of the bank as submitted by the Board of Directors earlier. Habib will continue to shape the policy and operations of the bank in the future.

Abbas D. Habib, assumed the office of Chief Executive and Managing Director of the Bank in 1994. He led bank from its initial phase to break even and then growth successfully which involved various initiatives and strategy for carrying out business of banking industry.

He has over 40 years’ commercial, industrial and banking experience in the 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. Upon the inception of Bank AL Habib, he became its Director and Joint Managing Director.

Mansoor Ali Khan has been appointed as Chief Executive Officer (CEO) of Bank Al-Habib Limited in the place of Abbas D Habib, who will assume his office fromNovember 01, 2016.

According to bank official statement to its shareholders, the Board of Directors has promoted the Chief Operating Officer of Bank Al-Habib Ltd after retirement of Abbas D Habib from the bank as CEO.

Bank AL Habib Limited was incorporated in October 1991 and commenced banking operations in January 1992.

  • Is there anything worthy for readers in this post? Mr. XYZ got appointed as Chairman replacing Mr. ABC so what?
    Every company appoints a CEO and this happens all the times. What makes it a news for ProPakistani?

    • Fetty moun apka, koi b company shia ya sunni nahe hoti hai they only care abt their bussines . en sab banko kay advisor taqi usmani deobandi kay students he haien.

      • business hi hota hai but phir bhi shia banks are not allowed. and Shia k tv channels ko dekho tamam muharram ki karwayi dikhatye hain 24 news and apna news and aab tak. shion k hain

        • Shia banks are not allowed, o chawal insaan quid e azam shia they aur jo quid e azam ko sab se pehlai blank cheque dia tha jinho nae wo yehi al habib family thy, europe mien muslmano kay khalaf racisam ki baat kernai walai kesai shia kay khalaf bool sakhtai hou ?

          Muharram musalmano ka hai shia sunni ka nahe , agher peyghumber aur un ki aaal (ulad) se itna masla to phir islam ko chour dou. Public places mien ghar khabasat na dekhaya kero. If u have any problem in pak with anyone go leave . indian mien sab ko azadai hai feel shame

          • yeah i know you are shia thats why your hips are burning. and i know about bank alhabib history better than you. so what are you tryinmg to say? Are you porterying Pakistan as a Shia Nation? DO you want us to leave Pakistan because its leader is Shia? give me proof that He is Shia

            • if you wana listen truth then do listen it. all this terrorism in pakistan is because of Deobandi/Sunni , your jihad is for rent. you fought for USA in afghnistan against russia and in india dar ul deoband says formation of pakistan is illegal and they are haram state on the other hand you are blackmailling pakistani goverment for money on the name of kashmir jihad and getting money from pakistani tax payers/.

              Shia never fought against goverment or army yes but Deobandi or harcore sunni always fought against army and goverment. big example is lal masjid. so in short all fasad ki jar is deoband and alhyahdees or hardcore sunni known as takffiri or wahabi. they should through out of pakistan asap and pakistan would be peacefull state.

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