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{{short description|Pakistani banker (born 1959)}}
{{Short description|Pakistani banker (born 1959)}}
{{Multiple issues|
{{Cleanup-PR|date=November 2020}}
{{BLP sources|date=March 2024}}
{{Unreliable sources|date=March 2024}}
}}
{{Infobox person
{{Infobox person
| name = Sultan Ali Allana
| name = Sultan Ali Allana
| image = Sultan Ali Allana, at his office, Nov 2020.jpeg
| image = Sultan Ali Allana, at his office, Nov 2020.jpeg
| caption = Sultan Ali Allana, Chairman of [[Habib Bank Limited]], at SCO-IBA
| caption = Allana in 2020
| native_name = سلطان علی الانہ
| native_name = سلطان علی الانا
| birth_date = 1959
| birth_date = {{bya|1959}}
| birth_place = [[Karachi]], [[Pakistan]]
| birth_place = [[Karachi]], Pakistan
| education = MS in Management Technology, [[University of Wisconsin]]
| education = [[St. Patrick's High School, Karachi]], [[D. J. Sindh Government Science College]], [[McGill University]], [[University of Wisconsin]] (MS)
| alma_mater = St. Patrick's High School
| occupation = Banker, Philanthropist, Business Leader
| occupation = Banker
| organization = [[Habib Bank Limited]]
| boards = [[Aga Khan Fund for Economic Development]]
| boards = Habib Bank Limited, [[Aga Khan Fund for Economic Development]]
| awards = [[Sitara-e-Imtiaz]]
| awards = [[Sitara-e-Imtiaz]], [[Hilal-i-Imtiaz]] & [[Nishan-e-Khidmat]]
| website =
| website =
}}
}}


'''Sultan Ali Allana''' ({{Langx|ur|{{Nastaliq|سلطان علی الانا}}}}) is a prominent Pakistani banker, philanthropist,and business leader he is also chairman of [[Habib Bank Limited]] and a director of the [[Aga Khan Fund for Economic Development]]. Sultan Ali Allana is the son of Akbar Ali Allana and the grandson of Nathu, one of the 72 Ismailis killed in the Battle of Jhirk when Mir Sher Mohammed attacked the settlement where Aga Khan I was residing. Khalfan, the son of Nathu, later migrated to Karachi around 1850 and established his home in what is today the Kharadar area of Karachi. Akbar Ali Allana married Malak Sultan Bandeali, the daughter of Bandeali Kersam, in 1946.
'''Sultan Ali Allana''' is a Pakistani banker. He is the Director of the [[Aga Khan Fund for Economic Development]] and the Chairman of [[Habib Bank Limited]].<ref>{{Cite web|url=https://www.weforum.org/people/sultan-ali-allana/|title=Sultan Ali Allana|website=[[World Economic Forum]]}}</ref><ref>{{Cite web|url=http://www.radio.gov.pk/06-05-2020/pm-lauds-services-of-hbl-in-delivering-ehsaas-emergency-cash-programme-to-deserving-people|title=PM lauds HBL in delivering Ehsaas Emergency Cash Programme to people|website=www.radio.gov.pk}}</ref><ref name=":1">{{Cite web|date=2006-03-24|title="127 awards conferred on Pakistan Day"|url=http://beta.dawn.com/news/184551/127-awards-conferred-on-pakistan-day|url-status=live|access-date=2020-10-15|website=DAWN.COM|language=en}}</ref>


'''Career and Achievements'''
⚫
== Early life and education ==
Sultan Ali Allana was born in Karachi, in 1959. He attended [[St. Patrick's High School, Karachi|St. Patrick's High School]], DJ Science college and then moved to Canada where he obtained an undergraduate degree in Mechanical Engineering and a postgraduate diploma in Management from the [[McGill University]]. He then attended the [[University of Wisconsin|University of Wisconsin]], USA, where he obtained an MS in Management Technology.<ref name="fp.brecorder.com">{{Cite web|title=Financial inclusion holds the key – An interview with Sultan Ali Allana, Chairman, HBL – Business Recorder|url=https://fp.brecorder.com/2010/12/201012311140226/|access-date=2020-10-21|language=en-US}}</ref><ref name=":0">{{Cite web|last=|first=|date=|title=SULTAN ALI ALLANA|url=https://www.prideofpakistan.com/who-is-who-detail/Sultan-Ali-Allana/825|url-status=live|archive-url=|archive-date=|access-date=|website=}}</ref><ref>{{Cite web|title=JUB.KE Company Profile & Executives - Jubilee Holdings Ltd. - Wall Street Journal|url=https://www.wsj.com/market-data/quotes/KE/XNAI/JUB/company-people/executive-profile/31360782|access-date=2020-10-22|website=www.wsj.com}}</ref>


Sultan Ali Allana has had a distinguished career in banking and finance, holding key leadership positions at several reputable institutions. He has also contributed significantly to philanthropic initiatives in Pakistan, focusing on education, health, and social development.
⚫
== Career ==
⚫
He started his career in banking in 1985 with Citibank and in 1994 he founded Global Securities, a former joint venture partner of UBS AG. In 1999 he acquired a management stake in NDLC and was appointed as CEO of the company. NDLC later merged with IFIC Bank to form NIB Bank in October 2003.


⚫
As part of a structural reform process, he worked with the Government of Pakistan in 2000 which allowed for the creation of Micro Finance Banks in Pakistan. As a result of the enabling framework, the First Microfinance Bank was established in 2002 and Sultan Ali Allana was appointed as its first Chairman (2002-2006)


In 2003 he volunteered for the [[Aga Khan Fund for Economic Development]] (AKFED) to oversee their investments in banking, insurance and aviation, and later joined the organization.<ref>{{Cite web|title=Sultan Ali Allana|url=https://www.weforum.org/people/sultan-ali-allana/|access-date=2020-10-21|website=World Economic Forum|language=en}}</ref><ref name="fp.brecorder.com" /><ref>{{Cite web|title=AKDN leadership {{!}} Aga Khan Development Network|url=https://www.akdn.org/about-us/akdn-leadership|access-date=2020-10-21|website=www.akdn.org}}</ref>


These accolades highlight his contributions to Pakistan’s economic and social sectors.
In 2004 he was appointed as the Chairman's of [[Habib Bank Limited]] after its privatization.<ref>{{Cite web|title=About FMFB {{!}} The First MicroFinanceBank Ltd|url=https://www.fmfb.pk/about-us/about-fmfb-p/|access-date=2020-10-21|website=www.fmfb.pk}}</ref><ref>{{Cite news|title=Habib Bank on the Forbes Global 2000 List|language=en|newspaper=Forbes|url=https://www.forbes.com/companies/habib-bank/|access-date=16 February 2017}}</ref><ref>{{Cite web|last=Desk|first=News|date=2020-07-16|title=HBL receives 'Asia Best Bank Transformation 2020' award from Euromoney|url=https://profit.pakistantoday.com.pk/2020/07/16/hbl-receives-asia-best-bank-transformation-2020-award-from-euromoney/|access-date=2020-11-06|website=Profit by Pakistan Today|language=en-US}}</ref><ref>{{Cite web|title=Pakistan|url=https://www.asiamoney.com/pakistan|access-date=2020-11-06|website=Asiamoney|language=en}}</ref>

'''Published Works'''

In 2024, Allana authored an article titled Challenge to The Moral Economy in Dawn, where he discussed critical issues affecting Pakistan's financial systems and moral economy. [https://www.dawn.com/news/1842280/challenge-to-the-moral-economy Read the article here.]

'''Recent Mentions'''

Sultan Ali Allana has been recently featured in notable publications, including Profit and ProPakistani, for his insights on banking and philanthropy. He has also garnered mentions on LinkedIn, where his thought leadership continues to inspire many professionals globally.


⚫
== Early life and education ==
Sultan Ali Allana was born in Karachi into a [[Sindhis|Sindhi]] family , in 1959. He attended [[St. Patrick's High School, Karachi|St. Patrick's High School]], [[D. J. Sindh Government Science College|DJ Science College]] and then moved to Canada where he obtained an undergraduate degree in Mechanical Engineering and a postgraduate diploma in Management from the [[McGill University]]. He then attended the [[University of Wisconsin]], USA, where he obtained an MS in Management Technology.


== Personal life ==
== Personal life ==
Allana comes from a prominent [[Sindhis|Sindhi]] family which traces its origins from [[Jhirk|Jhirk, Sindh]]. His late uncle [[Ghulam Ali Allana]]<ref>{{Cite web |title=Ghulam Ali Allana, Huzur Varas |url=https://www.ismaili.net/Source/mumtaz/Heroes1/hero034.html |access-date=2023-08-12 |website=www.ismaili.net}}</ref> was a friend and biographer of [[Muhammad Ali Jinnah|Mohammad Ali Jinnah]], the founder of Pakistan. He entered politics at an early age and played an active part in the Pakistan movement. [[G. Allana]] has written several books notably: Quaid-e-Azam; The Story of a Nation,<ref>{{Cite book |last=G.ALLANA |url=https://www.amazon.com/QUAID-JINNAH-NATION-G-ALLANA-FEROZSONS/dp/B004J85ZZY/ref=sr_1_1?crid=1FS3YLW0OWO9X&keywords=Quaid-e-Azam;+The+Story+of+a+Nation&qid=1691844502&s=books&sprefix=quaid-e-azam+the+story+of+a+nation,stripbooks-intl-ship,753&sr=1-1 |title=QUAID-E-AZAM JINNAH THE STORY OF A NATION BY G.ALLANA / FEROZSONS (pvt.) LTD |date=1996-01-01 |publisher=FEROZSONS |language=English}}</ref> Our Freedom Fighters,<ref>{{Cite book |last=Allana |first=G. |url=https://openlibrary.org/books/OL14372606M/Our_freedom_fighters_(1562-1947) |title=Our freedom fighters (1562-1947) |date=1985 |publisher=Ferozsons |year=1985 |edition=3rd |location=Lahore|ol=14372606M }}</ref> Pakistan Movement - Historic Documents,<ref>{{Cite web |title=Pakistan movement; historic documents, by G. Allana - Catalogue {{!}} National Library of Australia |url=https://catalogue.nla.gov.au/catalog/1082402 |access-date=2023-08-12 |website=catalogue.nla.gov.au |language=en}}</ref> A Rosary of Islamic Readings<ref>{{Cite book |last=Allana |first=G. |url=https://openlibrary.org/books/OL5037216M/A_rosary_of_Islamic_readings_7th_to_20th_century. |title=A rosary of Islamic readings, 7th to 20th century. |date=1973 |publisher=National Pub. House |location=Karachi|ol=5037216M }}</ref> & His Highness Aga Khan III.<ref>{{Cite book |last=Allana |first=G. |url=https://openlibrary.org/books/OL4873560M/His_Highness_Aga_Khan_III |title=His Highness Aga Khan III: a brief survey of his life and work |date=1973 |publisher=Hamdard National Foundation |location=Karachi|ol=4873560M }}</ref>
Sultan Ali Allana comes from a prominent family of Sindh.<ref>{{Cite web|title=prominent family of Sindh|url=http://www.ismaili.net/Source/mumtaz/Heroes1/hero034.html|url-status=live}}</ref> His late uncle [[G. Allana|G.Allana]]<ref>{{Cite web|title=G.Allana|url=https://en.wikipedia.org/wiki/G._Allana|url-status=live}}</ref>{{Circular reference|date=July 2021}} was a friend and biographer of Mohammad Ali Jinnah, Founder of Pakistan. He entered politics at an early age and played an active part in the Pakistan movement. G. Allana has written several books notably: The Story of a Nation, Our Freedom Fighters, Pakistan Movement, A Rosary of Islamic Readings & His Highness Aga Khan III.


⚫
== Career ==
He is currently a member of the Steering committee of Artists' Welfare Fund<ref>{{Cite web|last=Times|first=Parliament|date=2020-05-13|title=Meeting to discuss proposals to provide financial assistance to needy artists held in ISB|url=https://www.dailyparliamenttimes.com/2020/05/13/meeting-to-discuss-proposals-to-provide-financial-assistance-to-needy-artists-held-in-isb/|access-date=2020-10-28|website=Daily Parliament Times|language=en-US}}</ref><ref>{{Cite web|title=HBL, Lahore Biennale join forces to promote art and culture in Pakistan|url=https://www.thenews.com.pk/print/605333-hbl-lahore-biennale-join-forces-to-promote-art-and-culture-in-pakistan|access-date=2020-10-21|website=www.thenews.com.pk|language=en}}</ref> and has also served as the Member of the Economic Advisory Council ( EAC )-2022. In addition, Sultan Ali Allana has held the following honorary positions with various ministries and divisions of the Government of Pakistan.
⚫
He started his banking career from Citibank in 1985, In 1994 he founded Global Securities, a joint venture partner of UBS AG. In 1999 he acquired a management stake in NDLC and was appointed as CEO of the company. NDLC later merged with IFIC Bank to form NIB Bank in October 2003.


⚫
As part of a structural reform<ref>{{Cite web |title=Financial inclusion holds the key – An interview with Sultan Ali Allana, Chairman, HBL – Business Recorder |url=https://fp.brecorder.com/2010/12/201012311140226/ |access-date=2023-08-12 |language=en-US}}</ref> process, he worked with the Government of Pakistan in 2000 which allowed for the creation of Micro Finance Banks in Pakistan. As a result of the enabling framework, the [[First MicroFinance Bank (Pakistan)|First Microfinance Bank]] was established in 2002 and Allana was appointed its first chairman (2002-2006).
(i) Member of the Special Cell/Think Tank on COVID-19 constituted by the Finance Division - 2020;


In 2003 he volunteered for the [[Aga Khan Fund for Economic Development]] (AKFED) to oversee the Fund’s investments in banking, insurance and aviation,<ref>{{Cite web |title=AKDN interview with Sultan Allana |url=https://the.akdn/en/resources-media/whats-new/our-stories/akdn-interview-sultan-allana-fostering-financial-inclusion |website=Aga Khan Development Network}}</ref><ref>{{Cite web |date=2022-09-14 |title=PM, Aga Khan Fund director discuss economic situation, development projects |url=https://www.pakistantoday.com.pk/2022/09/14/pm-aga-khan-fund-director-discuss-economic-situation-development-projects/ |access-date=2023-08-12 |language=en-US}}</ref> and later joined the organization.
(ii) Member of the CPEC Business Council constituted by the Chairman of the Board of Investment – 2020;


In 2004 he was appointed as the Chairman<ref>{{Cite web |date=2006-03-24 |title=127 awards conferred on Pakistan Day |url=http://beta.dawn.com/news/184551/127-awards-conferred-on-pakistan-day |access-date=2023-08-12 |website=DAWN.COM |language=en}}</ref> of [[Habib Bank Limited]] after its privatization.<ref>{{Cite web |last=Tribune |first=Express |date=2015-04-14 |title=The Habib Bank privatisation |url=https://tribune.com.pk/story/869850/the-habib-bank-privatisation |access-date=2023-08-12 |website=The Express Tribune |language=en}}</ref><ref>{{Cite web |last=Tribune |first=Express |date=2015-04-12 |title=Privatisation proceeds: Final approval granted to $1b HBL stock offering |url=https://tribune.com.pk/story/868548/privatisation-proceeds-final-approval-granted-to-1b-hbl-stock-offering |access-date=2023-08-12 |website=The Express Tribune |language=en}}</ref>
(iii) Member of the Economic Advisory council constituted by the Finance Division – 2018;


As chairman HBL Allana had an integral role to play in Pakistan's compliance with respect to the implementation<ref>{{Cite web |last=Profit |first=Pakistan Today |date=2020-07-16 |title=HBL receives 'Asia Best Bank Transformation 2020' award from Euromoney |url=https://profit.pakistantoday.com.pk/2020/07/16/hbl-receives-asia-best-bank-transformation-2020-award-from-euromoney/ |access-date=2023-08-12 |website=Profit by Pakistan Today |language=en-US}}</ref> of the action plans required to exit the FATF Grey List.<ref name=":0">{{Cite web |title=Shabbar Zaidi congratulates HBL chief Allana on FATF feat |url=https://www.geo.tv/latest/447663-shabbar-zaidi-congratulates-hbl-chief-allana-on-fatf-feat |access-date=2023-08-12 |website=www.geo.tv |language=en}}</ref> In this regard he was lauded and commended for his efforts<ref name=":1">{{Cite web |title=FATF approval: Ali Zaidi highlights HBL chairman's contribution |url=https://www.thenews.com.pk/latest/967212-fatf-approval-ali-zaidi-highlights-hbl-chairmans-contribution |access-date=2023-08-12 |website=www.thenews.com.pk |language=en}}</ref> by financial experts and serving ministers. In 2022 he wrote an article in Caught in the dept trap<ref>{{Cite web |last=Allana |first=Sultan Ali |date=2022-07-23 |title=Caught in the debt trap |url=https://www.dawn.com/news/1701108 |access-date=2023-08-12 |website=DAWN.COM |language=en}}</ref> where he urged for critical restructuring of Pakistan's economic affairs so as not to let the country fall into the ever-looming debt trap. He also wrote in detail in an article about the implications of devaluation of Pakistan currency.<ref>{{Cite web |title=کرنسی کی قدر میں کمی کا معمہ |url=https://jang.com.pk/news/1124577 |access-date=2023-08-12 |website=jang.com.pk}}</ref>
(iv) Member of the Advisory Council for the Ministry of Maritime Affairs – 2018;

Allana has been on several government committees as a professional and expert in the field of finance and economics which have included: Special Cell/Think Tank on COVID-19,<ref>{{Cite web |last=Govt of Pakistan |first=Finance Division |date=2020-04-14 |title=Special Think Tank for COVID-19 Pandemic |url=https://www.finance.gov.pk/notifications/OO_59_14042020.pdf |website=Finance Division, Government of Pakistan.}}</ref> CPEC Business Council,<ref>{{Cite web |title=CPEC Business Council {{!}} Board Of Investment |url=https://invest.gov.pk/about-us/cpec-business-council |access-date=2023-08-12 |website=invest.gov.pk}}</ref> Economic Advisory Council<ref>{{Cite web |last=Magazine |first=Pro Pakistani |date=Apr 3, 2021 |title=PM Approves Reconstitution of Economic Advisory Council |url=https://propakistani.pk/2021/04/03/pm-approves-reconstitution-of-economic-advisory-council/ |website=Pro Pakistani}}</ref> & the Advisory Council for the Ministry of Maritime Affairs.

[[Shabbar Zaidi]] took to Twitter to congratulate Allana and wrote:<ref>{{Cite web |title=Shabbar Zaidi Tweets |url=https://twitter.com/SShabbarZaidi/status/1583474462279684097 |access-date=2023-08-12 |website=Twitter |language=en}}</ref> "I congratulate Mr Sultan Allana of HBL and his team for excellent and tireless work with respect to FATF. On national issues we are united.<ref name=":0" /> Pakistan Zindabad."

“While many contributed brilliantly towards our success in FATF, I must specially acknowledge HBL chairman Sultan Ali Allana, who hired and paid millions of dollars to top international consultants required to guide our Pakistan team in helping us get through FATF. Well done HBL Pakistan," the minister said.<ref name=":1" />


== Awards ==
== Awards ==
He was awarded the [[Sitara-i-Imtiaz|Sitara-e-Imtiaz]] in 2006 for "valuable services for Pakistan", in the economic and financial sector, specifically with reference to the creation of the framework MicroFinance institutions in the country and for the establishment of the First Micro Finance Bank.<ref name=":1" />
He was awarded the [[Sitara-i-Imtiaz]] in 2006 for his "valuable services to Pakistan<ref>{{Cite web |date=2006-03-24 |title=127 awards conferred on Pakistan Day |url=http://beta.dawn.com/news/184551/127-awards-conferred-on-pakistan-day |access-date=2023-08-12 |website=DAWN.COM |language=en}}</ref>", in the economic and financial sector, specifically with reference to the creation of the framework Micro Finance institutions in the country and for the establishment of the First Micro Finance Bank.


In 2023, he was conferred the [[Hilal-i-Imtiaz]] by the [[President of Pakistan]].<ref>{{Cite web |date=2023-03-24 |title=Ismailis receive awards on Pakistan Day |url=https://the.ismaili/global/news/community-news/ismailis-receive-awards-pakistan-day |access-date=2023-08-12 |website=the.Ismaili |language=en}}</ref>
⚫
==References==

⚫
== References ==
{{reflist}}
{{reflist}}


{{Habib Bank Limited}}
{{DEFAULTSORT:Allana, Sultan Ali}}

[[Category:1959 births]]
[[Category:1959 births]]
[[Category:Living people]]
[[Category:Living people]]

Revision as of 10:34, 14 December 2024

Sultan Ali Allana
سلطان علی الانا
Allana in 2020
Born1959 (age 65–66)
Karachi, Pakistan
EducationSt. Patrick's High School, Karachi, D. J. Sindh Government Science College, McGill University, University of Wisconsin (MS)
Occupation(s)Banker, Philanthropist, Business Leader
OrganizationHabib Bank Limited
Board member ofHabib Bank Limited, Aga Khan Fund for Economic Development
AwardsSitara-e-Imtiaz, Hilal-i-Imtiaz & Nishan-e-Khidmat

Sultan Ali Allana (Urdu: سلطان علی الانا) is a prominent Pakistani banker, philanthropist,and business leader he is also chairman of Habib Bank Limited and a director of the Aga Khan Fund for Economic Development. Sultan Ali Allana is the son of Akbar Ali Allana and the grandson of Nathu, one of the 72 Ismailis killed in the Battle of Jhirk when Mir Sher Mohammed attacked the settlement where Aga Khan I was residing. Khalfan, the son of Nathu, later migrated to Karachi around 1850 and established his home in what is today the Kharadar area of Karachi. Akbar Ali Allana married Malak Sultan Bandeali, the daughter of Bandeali Kersam, in 1946.

Career and Achievements

Sultan Ali Allana has had a distinguished career in banking and finance, holding key leadership positions at several reputable institutions. He has also contributed significantly to philanthropic initiatives in Pakistan, focusing on education, health, and social development.


These accolades highlight his contributions to Pakistan’s economic and social sectors.

Published Works

In 2024, Allana authored an article titled Challenge to The Moral Economy in Dawn, where he discussed critical issues affecting Pakistan's financial systems and moral economy. Read the article here.

Recent Mentions

Sultan Ali Allana has been recently featured in notable publications, including Profit and ProPakistani, for his insights on banking and philanthropy. He has also garnered mentions on LinkedIn, where his thought leadership continues to inspire many professionals globally.


Early life and education

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

Personal life

Allana comes from a prominent Sindhi family which traces its origins from Jhirk, Sindh. His late uncle Ghulam Ali Allana[1] was a friend and biographer of Mohammad Ali Jinnah, the founder of Pakistan. He entered politics at an early age and played an active part in the Pakistan movement. G. Allana has written several books notably: Quaid-e-Azam; The Story of a Nation,[2] Our Freedom Fighters,[3] Pakistan Movement - Historic Documents,[4] A Rosary of Islamic Readings[5] & His Highness Aga Khan III.[6]

Career

He started his banking career from Citibank in 1985, In 1994 he founded Global Securities, a joint venture partner of UBS AG. In 1999 he acquired a management stake in NDLC and was appointed as CEO of the company. NDLC later merged with IFIC Bank to form NIB Bank in October 2003.

As part of a structural reform[7] process, he worked with the Government of Pakistan in 2000 which allowed for the creation of Micro Finance Banks in Pakistan. As a result of the enabling framework, the First Microfinance Bank was established in 2002 and Allana was appointed its first chairman (2002-2006).

In 2003 he volunteered for the Aga Khan Fund for Economic Development (AKFED) to oversee the Fund’s investments in banking, insurance and aviation,[8][9] and later joined the organization.

In 2004 he was appointed as the Chairman[10] of Habib Bank Limited after its privatization.[11][12]

As chairman HBL Allana had an integral role to play in Pakistan's compliance with respect to the implementation[13] of the action plans required to exit the FATF Grey List.[14] In this regard he was lauded and commended for his efforts[15] by financial experts and serving ministers. In 2022 he wrote an article in Caught in the dept trap[16] where he urged for critical restructuring of Pakistan's economic affairs so as not to let the country fall into the ever-looming debt trap. He also wrote in detail in an article about the implications of devaluation of Pakistan currency.[17]

Allana has been on several government committees as a professional and expert in the field of finance and economics which have included: Special Cell/Think Tank on COVID-19,[18] CPEC Business Council,[19] Economic Advisory Council[20] & the Advisory Council for the Ministry of Maritime Affairs.

Shabbar Zaidi took to Twitter to congratulate Allana and wrote:[21] "I congratulate Mr Sultan Allana of HBL and his team for excellent and tireless work with respect to FATF. On national issues we are united.[14] Pakistan Zindabad."

“While many contributed brilliantly towards our success in FATF, I must specially acknowledge HBL chairman Sultan Ali Allana, who hired and paid millions of dollars to top international consultants required to guide our Pakistan team in helping us get through FATF. Well done HBL Pakistan," the minister said.[15]

Awards

He was awarded the Sitara-i-Imtiaz in 2006 for his "valuable services to Pakistan[22]", in the economic and financial sector, specifically with reference to the creation of the framework Micro Finance institutions in the country and for the establishment of the First Micro Finance Bank.

In 2023, he was conferred the Hilal-i-Imtiaz by the President of Pakistan.[23]

References

  1. ^ "Ghulam Ali Allana, Huzur Varas". www.ismaili.net. Retrieved 2023-08-12.
  2. ^ G.ALLANA (1996-01-01). QUAID-E-AZAM JINNAH THE STORY OF A NATION BY G.ALLANA / FEROZSONS (pvt.) LTD. FEROZSONS.
  3. ^ Allana, G. (1985). Our freedom fighters (1562-1947) (3rd ed.). Lahore: Ferozsons. OL 14372606M.{{cite book}}: CS1 maint: date and year (link)
  4. ^ "Pakistan movement; historic documents, by G. Allana - Catalogue | National Library of Australia". catalogue.nla.gov.au. Retrieved 2023-08-12.
  5. ^ Allana, G. (1973). A rosary of Islamic readings, 7th to 20th century. Karachi: National Pub. House. OL 5037216M.
  6. ^ Allana, G. (1973). His Highness Aga Khan III: a brief survey of his life and work. Karachi: Hamdard National Foundation. OL 4873560M.
  7. ^ "Financial inclusion holds the key – An interview with Sultan Ali Allana, Chairman, HBL – Business Recorder". Retrieved 2023-08-12.
  8. ^ "AKDN interview with Sultan Allana". Aga Khan Development Network.
  9. ^ "PM, Aga Khan Fund director discuss economic situation, development projects". 2022-09-14. Retrieved 2023-08-12.
  10. ^ "127 awards conferred on Pakistan Day". DAWN.COM. 2006-03-24. Retrieved 2023-08-12.
  11. ^ Tribune, Express (2015-04-14). "The Habib Bank privatisation". The Express Tribune. Retrieved 2023-08-12.
  12. ^ Tribune, Express (2015-04-12). "Privatisation proceeds: Final approval granted to $1b HBL stock offering". The Express Tribune. Retrieved 2023-08-12.
  13. ^ Profit, Pakistan Today (2020-07-16). "HBL receives 'Asia Best Bank Transformation 2020' award from Euromoney". Profit by Pakistan Today. Retrieved 2023-08-12.
  14. ^ a b "Shabbar Zaidi congratulates HBL chief Allana on FATF feat". www.geo.tv. Retrieved 2023-08-12.
  15. ^ a b "FATF approval: Ali Zaidi highlights HBL chairman's contribution". www.thenews.com.pk. Retrieved 2023-08-12.
  16. ^ Allana, Sultan Ali (2022-07-23). "Caught in the debt trap". DAWN.COM. Retrieved 2023-08-12.
  17. ^ "کرنسی کی قدر میں کمی کا معمہ". jang.com.pk. Retrieved 2023-08-12.
  18. ^ Govt of Pakistan, Finance Division (2020-04-14). "Special Think Tank for COVID-19 Pandemic" (PDF). Finance Division, Government of Pakistan.
  19. ^ "CPEC Business Council | Board Of Investment". invest.gov.pk. Retrieved 2023-08-12.
  20. ^ Magazine, Pro Pakistani (Apr 3, 2021). "PM Approves Reconstitution of Economic Advisory Council". Pro Pakistani.
  21. ^ "Shabbar Zaidi Tweets". Twitter. Retrieved 2023-08-12.
  22. ^ "127 awards conferred on Pakistan Day". DAWN.COM. 2006-03-24. Retrieved 2023-08-12.
  23. ^ "Ismailis receive awards on Pakistan Day". the.Ismaili. 2023-03-24. Retrieved 2023-08-12.
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