KARACHI
Chairman of the Board of Directors, Bank Alfalah Limited, His Highness Sheikh Nahayan Mabarak Al Nahayan visited Pakistan and met with the management and staff of Bank Alfalah.
In a simple ceremony at the bank’s head office in Karachi, Sheikh Nahayan bid farewell to the outgoing President and CEO Atif Bajwa, and welcomed his successor, Nauman Ansari to the bank.
During his visit, Sheikh Nahayan who is also Minister of Culture, Youth and Social Development of the UAE, called on the Chief Minister, Sindh, Syed Murad Ali Shah, and discussed matters of mutual interest.
He also met the newly appointed Governor State Bank of Pakistan, Nauman Ansari, to congratulate him. He also expressed his confidence in the role of the SBP in fostering Pakistan’s economic growth.
Before leaving for Abu Dhabi, His Highness Sheikh Nahayan inaugurated Bank Alfalah’s Premier Lounges at Karachi’s Jinnah International Airport, offering VIP facilities to passengers and clients.
Speaking during his visit, His Highness Sheikh Nahayan Mabarak Al Nahayan said, “Pakistan and the UAE enjoy a historically strong relationship, with prosperous commercial, cultural and strategic ties between the two countries. This is further emphasised by the UAE’s investments in Pakistan, including within the banking sector. I hope to not only continue this thriving relationship but to improve it even further”.
UAE continues to make substantial investments in Pakistan helping shape the country’s vibrant economy. Among the seven GCC countries, the UAE is the largest investor in Pakistan with several key Emirati companies continuing to invest here.