Welcome, guest! ~ Login ~ Register 

Quick Search:

S9.com / Biographies /

Abedi, Agha Hasan (Agha Hasan Abadi)

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

Nationality: Pakistani
Categories: Bankers, Businessmen, Philanthropist


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.


Page last updated: 5:24pm, 11th Dec '06