Dawood Habib Group has been affiliated with banking since the 1920's and has played a pivotal role in fulfilling the financial needs of Pakistan. The Dawood Habib Group has been a long-standing sponsor of Bank AL Habib Limited and was among the founding members of Habib Bank Limited.
AL Habib Exchange Company (Private) Limited was established in-line with the initiative by the State Bank of Pakistan introducing structural reforms in the currency exchange sector.
AL Habib Exchange Company (Private) Limited has been registered under the Companies Ordinance 1984 and Foreign Exchange Regulation Act 1947 on 24th November 2023.
Registered Office: 202, 2nd Floor, Finlay House, I.I. Chundrigar Road, Karachi.
Main Branch: Ground Floor, Finlay House, II Chundrigar Road, Karachi.
To be the most convenient and trusted provider of foreign currency exchange services.
To provide the most effective foreign currency exchange services to the customers.
Courtesy, Reliability and Fairness in all dealings.
Chairman
Mr. Ashar Husain is a seasoned banking expert with over 21 years of experience. His journey with the bank began in June 2002, and he has since progressed through various leadership roles. Currently, he serves as Group Head and Chief Financial Officer (CFO) at Bank AL Habib Limited. He is also serving as member of Investment and Finance Committee of the Institute of Bankers Pakistan's. Additionally, he serves as Trustee of Bank AL Habib Limited's Staff Provident Fund, Staff Gratuity Fund, and Staff Benefit Trust.
Mr. Ashar Hussain holds a Master of Business Administration (MBA) from the Institute of Business Administration, Karachi and has also completed his Masters of Public Administration (MPA) and Bachelor of Commerce (B.Com.) from the University of Karachi.
Director
Mr. Qamber Ali serves as Director on the Board of AL Habib Exchange Company (Private) Limited. He is a highly experienced and dynamic individual, having over two decades of Banking and Financial Sector experience.
Mr. Qamber also serves as General Manager for Business Development at Bank AL Habib Limited. Prior to joining Bank AL Habib Limited, he worked with Askari Bank Limited and A.F.FERGUSON & CO, a member firm of (PwC Network). With a proven track record of growth, he has spearheaded the Remittance and Sales businesses to new heights. He holds a Masters of Business Administration Degree with majors in Finance.
Director
Chief Executive Officer
Mr. Furqan possesses over 21 years of diverse experience in the Corporate, Business, Operations, Treasury Risk Management and Home Remittances function in different exchange companies. He is well versed with the methodologies of Financial Institutions. Mr. Furqan joined Bank AL Habib Limited, as General Manager in October 2023 and later took charge as CEO AL Habib Exchange Company (Private) Limited.
Prior to joining Bank AL Habib, he served as Chief Executive Officer in NBP Exchange Company Limited for four years and before that he held leading positions in several renowned Exchange Companies. Mr. Furqan was also associated with Habib Currency Exchange Company (Pvt.) Limited for six years as Head of Treasury. He started his career from Data Exchange Company from 2005 as a Chief Manager.
Syed Furqan is a Member of Executive Committee of Exchange Companies Association of Pakistan. He was honored to represent Exchange Sector in FATF review 2022. He holds a Master's Degree in International Relations and Business Administration, Bachelor of Commerce (BCom) and is a Law Graduate (LLB).
