Azhar Hamid

Director
Mr. Azhar Hamid is an international banker with a career spanning over 41 years with
Grindlays Bank, ANZ Bank and latterly Standard Chartered Bank. He was appointed as the first
Pakistani Country Head of ANZ Grindlays Bank in Pakistan in 1994. After acquisition of the
Bank in 2000 by Standard Chartered Bank, was asked to continue as the Country Head of the
combined bank, Retired in 2003.
After introduction of a Riba free financial system in Pakistan in 1985, he led the team that
established the First Grindlays Modaraba which became the most successful and dominant
modaraba company in the Country.
Senior overseas assignments with ANZ Bank include UK, Bahrain, Jordan, and Australia. He has
served on the board of Grindlays Bahrain Bank in Bahrain.
Upon retirement in 2003 served as Director Main Board of the State Bank of Pakistan which
position he relinquished when asked by the Government to establish a Banking Mohtasib
(Ombudsman) function in the Country. He was thus the first Banking Mohtasib (Ombudsman)
in Pakistan and completed his 3 years term in May 2008.
He has served as Director on the Board of the Bank of Punjab the position which he
relinquished in September 2009 and served on the Board of Burj Bank for 3 years up to end
2015.
He has also served on several Pakistan Government and State Bank of Pakistan committees on
economic reforms and monetary policy.