Syed Ali Raza is a Pakistani businessman and author. He became the president of the

National Bank of Pakistan National Bank of Pakistan (NBP) is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of December 2022, it has over 1,500 branches across Paki ...

, being the longest-serving president of the bank up to that point, and has also worked at the

North Africa North Africa (sometimes Northern Africa) is a region encompassing the northern portion of the African continent. There is no singularly accepted scope for the region. However, it is sometimes defined as stretching from the Atlantic shores of t ...

n branch of

Bank of America The Bank of America Corporation (Bank of America) (often abbreviated BofA or BoA) is an American multinational investment banking, investment bank and financial services holding company headquartered at the Bank of America Corporate Center in ...

Biography

Raza was born to

Syed Hashim Raza Syed Hashim Raza was a leading bureaucrat and former Governor of East Pakistan. Early life and education He was born on 16 February 1910 at Unnao in United Provinces of Agra and Oudh, British India into a prominent family of Mashhadi Persian or ...

. He graduated from

London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...

with Bachelor of Science in

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

. He also holds a

Master of Science A Master of Science (; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree. In contrast to the Master of Arts degree, the Master of Science degree is typically granted for studies in sciences, engineering and medici ...

in administrative sciences from

Cass Business School Bayes Business School, formerly known as Cass Business School, is the business school of City St George's, University of London, located in St Luke's, just to the north of the City of London. It was established in 1966. Bayes Business School ...

and a graduate degree from Karachi Institute of Business Administration. While serving as the president of the National Bank of Pakistan, Raza eliminated over 3,000 jobs and closed 250 branches, raising the bank's profits and lowering its bad loans. In 2006,

BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...

included Raza in their list of the "25 Stars of Asia", ranking him among the top 4 financiers in Asia.

Awards

Raza has also been given a

Sitara-e-Imtiaz The Sitara-e-Imtiaz () also spelled as Sitara-i-Imtiaz, is the third-highest (in the order of "Imtiaz") honour and civilian award in the State of Pakistan. It recognizes individuals who have made an "especially meritorious contribution to the ...

(Star of Excellence) Award in 2006 by the

President of Pakistan The president of Pakistan () is the head of state of the Islamic Republic of Pakistan. The president is the nominal head of the executive and the supreme commander of the Pakistan Armed Forces.

. Raza resigned from his post in 2012 for unstated reasons.

References

External links

National Bank of Pakistan
Living people Pakistani businesspeople Alumni of the London School of Economics Pakistani bankers Sadiq Public School alumni Pakistani financiers Alumni of Bayes Business School Year of birth missing (living people) Recipients of Sitara-i-Imtiaz {{Pakistan-business-bio-stub