The strategy for the bank’s work is likely to see a change with the new president that Pakistan is one of the emerging markets for foreign investment with large project of China economic corridor Pakistan (CPEC)…
Long associated of new head of Bank Al-Falah with Pakistan, Sheikh Nahyan bin Mubarak Al Nahyan is interested to investment in various sectors, including the real estate financial industry and telecommunications.
Sheikh Nahyan is also chairman of the Abu Dhabi group are the affiliates in Pakistan such as Warid Telecom and Wateen Telecom, which has gone through the transition steps of the business. Warid Telecom merged with Mobilink while the agreement to sellout WateenTelecom is not mature with a potential buyer either, Telenor or Mobilink.
Sheikh Nahyan Mubarak Al Nahyan has also receive the Pakistan,s highest civilian award, , Hilal-e-Pakistan, which was conferred him by the President of Pakistan in 2005.
Recently, the CEO of Bank Alfalah Limited Atif Bajwa has been revised by the board of director as a President and CEO of the bank
Bank Al-Falah Limited is the largest of the six banks in Pakistan in terms of size with 655 branches operating in 225 cities with 11 overseas subsidiaries in three countries, including Bahrain, Afghanistan and Bangladesh.
In 2015 bank has completed its 17 years of its creation. The official color has been changed from deep blue to red. Meanwhile, bank policies have also been changed.