Sultan Ali Allana

Sultan Ali Allana is a Pakistani banker. He is the Director of the Aga Khan Fund for Economic Development (AKFED) and the Chairman of Habib Bank Limited.
Early life and education.
Sultan Ali Allana was born in Karachi, in 1959. He attended St. Patrick's High School, DJ Science college and then moved to Canada where he obtained an undergraduate and a postgraduate degree from the McGill University. He then attended the University of Wisconsin, USA, where he obtained an MS in Management Technology.
Career.
He joined CitiBank Karachi in 1985. He left CitiBank in 1994 and formed the Equity firm Global securities, which entered into a joint venture with UBS. In 1997, he was appointed to the board of Tourism Promotion Services Pakistan Limited (the owners and operators of Serena Hotels in Pakistan). 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 2002, he worked with the Government of Pakistan to establish the First Microfinance Bank, and 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.
In 2004 he was appointed as the chairman of Habib Bank Limited after its privatization.
Personal life.
He is a member of the Steering committee of Artists' Welfare Fund.
Awards.
He was awarded the Sitara-e-Imtiaz in 2006 for "valuable services for Pakistan", in the economic and financial sector, especially the establishment of the First Micro Finance Bank.