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Sultan Ali Allana

Sultan Ali Allana (Urdu: سلطان علی الانا) is a Pakistani banker and philanthropist. He is the chairman of Habib Bank Limited and a director of the Aga Khan Fund for Economic Development.

Sultan Ali Allana is the youngest son of Akbar Ali Allana and Malek Sultan Bandeali, daughter of Gulam Hyder Bandeali Kassam.

Early life and education

Sultan Ali Allana was born in Karachi into a Sindhi family in 1959. He attended St. Patrick's High School, and DJ Science College before moving to Canada where he obtained an undergraduate degree in Mechanical Engineering. Subsequently, he attained a postgraduate diploma in Management from McGill University. He then attended the University of Wisconsin, USA, where he obtained an MS in Management Technology.

Career

Sultan Ali Allana’s career began at Citibank in 1985 as a Relationship Manager Executive Trainee. He rose through the ranks to later become the Head of the Local Corporate Group.

Later, he ventured into entrepreneurship, co-founding Global Securities. The company launched a joint venture with Union Bank of Switzerland, which operated in Hong Kong. He was involved in drafting the Microfinance Institutions Ordinance of 2001 and he established the First Micro-Finance Bank Limited with the sponsorship of Aga Khan Fund for Economic Development (AKFED), where he served as a chairman.

Chairman HBL

In 2004, he was appointed as the Chairman of Habib Bank Limited after the institution's privatization.

Awards

  • Sitara-e-Imtiaz – 2005
  • Hilal-e-Imtiaz – 2023
  • Nishan-e-Khidmat: 2024

References