Board Of Directors

Mr. Sultan Ali Allana Chairman

Mr. Sultan Ali Allana is a Director of the Aga Khan Fund for Economic Development (AKFED) and has the oversight responsibilities for AKFED's investments in Banking, Insurance and Aviation. Mr. Allana is a career banking professional with over 32 years of experience in retail, corporate and investment banking. Mr. Allana is also the Chairman of HBL, which is the largest bank in Pakistan with over 1,700 branches and a presence in 25 countries around the world.
Since 1997, Mr. Allana has also been serving as a Director of the Tourism Promotion Services Pakistan Limited, the owners and the operators of the Serena Hotels in Pakistan.

Mr. Allana holds Undergraduate and Post Graduate degrees from McGill University and the University of Wisconsin in Engineering and Management.

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Mr. Moez Ahamed Jamal Director

Mr. Moez Ahamed Jamal holds an MBA in Finance and International Business from New York University and a BA (Hons) from Manchester University, England. He has extensive experience of over 38 years in the financial sector with Lloyds Bank and Credit Suisse.

Mr. Moez Ahamed Jamal was appointed to the Board of Directors of HBL in 2009. He also serves on the Board of Diamond Trust Bank in Kenya and Marcuard Family Office in Switzerland. He is a Partner of JAAM AG, an investment advisory company in Switzerland.

He began his career in 1980 at Lloyds Bank International in New York before moving to Credit Suisse in London in 1985. In 1993, he moved to New York as Treasurer of Credit Suisse in the Americas and Member of the Global Treasury Strategy Committee. In 1996, he moved to Credit Suisse First Boston where he was a Managing Director and Member of the Operating Committee in charge of Global Money Markets, Funding and Forward Foreign Exchange.

Mr. Jamal moved to Zurich in 2000 and joined the Executive Board of Credit Suisse Private Banking (2000-2002). In 2002, he became a member of the Executive Board of Credit Suisse Financial Services. From 2004 until 2006, he held the position of Global Treasurer of Credit Suisse & Credit Suisse Group and was Chairman of the Board of Swiss American Securities in New York. He was also a Member of the Investment Committee during this period

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Ms. Sadia Khan Director

Sadia Khan has pursued a versatile career path traversing investment banking, financial regulation, family businesses and entrepreneurship across three continents. With Masters degrees in Economics from both Cambridge University and Yale University, Sadia started her career at Lehman Brothers in New York. Since then she has worked with various international institutions and local regulatory authorities, including the Asian Development Bank in the Philippines, the Securities & Exchange Commission of Pakistan and the State Bank of Pakistan.

She is currently the CEO of Selar Enterprises, a company she founded in 2011 while working a Group Executive Director in her family owned business, Delta Shipping. For the past two decades, Sadia has remained a passionate advocate of corporate governance and currently serves on various boards as an independent director, including Pakistan Cables, Engro Fertilizer, Karandaaz, Edotco and INSEAD. Her book entitled “Corporate Governance Landscape of Pakistan” was published by Oxford University Press in 2017.

In 2014, the French Government conferred on her, the prestigious French award, "Chevalier de l'Ordre National du Mérite" (Knight of the National Order of Merit). Sadia is the President of the global INSEAD Alumni Association since 2015. She also serves as the Honorary Consul General of Finland in Karachi.

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Mr. Shaffiq Dharamshi Director

Mr. Shaffiq Dharamshi is a banker with over 24 years of banking experience in the Middle East and Africa. He currently holds the position of Head of Banking at the Aga Khan Fund for Economic Development (AKFED), and is responsible for providing oversight on operations of financial institutions in the AKFED portfolio across Asia and Africa. He is also serving on the Boards of Diamond Trust Bank Limited, Tanzania, Diamond Trust Bank Limited, Uganda, Industrial Promotion and Development Company of Bangladesh Limited and DCB Bank Limited, India.

Mr. Dharamshi began his career in 1991 at Citibank, N.A Kenya and held various positions across different areas of the bank. In 2001, he moved to Citibank N.A. Bahrain and then to Citibank N.A. Kuwait in 2006, as the Country Risk Head. Mr. Dharamshi held the position of Senior Vice President, Wholesale Credit Risk Management at Mashreq Bank, Dubai, UAE from 2008 to 2013.

He holds a B.Sc degree in Economics from Trent University, Canada and an M.Sc degree in Economics and Management of Information from the London School of Economics, England.

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Mr. Agha Sher Shah Director

Mr. Agha Sher Shah is currently Chairman and Chief Executive of Bandhi Sugar Mills, a greenfield 7000 tons sugar mill which he successfully set up in 2012. He is also Director of Attock Refinery Limited, Sui Southern Gas Company Limited, Thatta Cement Company Limited, Newport Containers Terminal (Private) Limited and Triton LPG (Private) Limited. He became a Director of Habib Bank Limited in March 2013.

Mr. Agha Sher Shah started his career as an investment analyst covering consumer, energy and finance sectors of the S&P 500 in the US equity market. In his investment career of over 25 years he has held senior portfolio management positions in US and Global equities. Prior to his current role, he was Senior Portfolio Manager of a multi-billion dollar portfolio in Abu Dhabi Investment Authority, one of the largest sovereign wealth funds in the world.

He has a Bachelor of Science in Engineering from Rice University and holds a Master of Business Administration from Cornell University

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Dr. Najeeb Samie Director

Dr. Najeeb Samie has over 36 years of experience in the corporate and financial sector. He has been Chairman of State Life Insurance Corporation of Pakistan, Pakistan Industrial Credit & Investments Corporation Limited (PICIC) and Alpha Insurance Company Limited. He was appointed Director of Habib Bank Limited in August 2013.

In his professional career of over 36 years in the corporate and financial sector he has been chairman of State Life Insurance Corporation of Pakistan, Pakistan Industrial Credit & Investments Corporation Limited (PICIC) and Alpha Insurance Company Limited..

Currently, he is the Managing Director of PIA Investments Limited and a Director of a number of tourism linked entities in France and USA. These include the Roosevelt Hotel Corporation and the Parisien Management Company Limited.

Dr. Najeeb Samie has done his LL.B from Punjab University Law College, Lahore (1973), LL.M from New York University, New York (1978) and Ph.D in law from the University of Cambridge, England (1981).

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Mr. Salim Raza Director

Mr. Salim Raza joined the Board in 2017 to fill a casual vacancy. He has over 40 years of experience in the banking and financial sector. He has held various positions at Citibank NA in Pakistan and abroad and has also held the position of the Governor of State Bank of Pakistan. He currently serves on the Board of International Industries Limited and is an adjunct professor at the Institute of Business Administration (IBA), Karachi for Political Economy.

Mr. Muhammad Aurangzeb President & CEO

Mr. Muhammad Aurangzeb joined HBL on April 30, 2018 as the President & CEO of HBL. He has done his Bachelors of Science and Masters in Business Administration from The Wharton School, University of Pennsylvania, USA and possesses an overall banking experience of more than 30 years of working at both domestic and international locations. He has held senior positions in ABN Amro Bank and Royal Bank of Scotland and was Chief Executive Officer – Global Corporate Bank for JP Morgan Bank prior to joining HBL.

Note: The Directors can be contacted c/o Company Secretary HBL.