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Abedi, Agha Hasan (Agha Hasan Abadi)

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Born: 1922 AD
Died: 1995 AD, at 73 years of age.

Nationality: Pakistani
Categories: Bankers, Businessmen, Philanthropist

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1922 - Born on the 14th of May in Lucknow, India.

 

1959 - Began his career with Habib Bank before independence.

 

         - He founded the United Bank Ltd (UBL).

 

1972 - When banking was nationalised in Pakistan, Mr. Abedi founded the Bank of Credit and Commerce International with the Bank of America NT & SA as a major shareholder. Registered in Luxembourg, the BCCI began its operations from a two-room head office in London.

 

1980 - BCCI was known to have assets worth over US$20 billion dollars under his supervision.

 

1991 - He was involved in illegal activities which led to the closure of his bank.

 

1995 - He died in Karachi, Pakistan on the 5th of August.


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Page last updated: 4:24am, 12th Dec '06