United Bank Limited (UBL)

History of UBL (United Bank Limited)

By June 1960, UBL opening its doors to the public, UBL had branches in:

  • Karachi
  • Dacca
  • Lahore
  • Lyallpur
  • Chittagong and Narayanganj

United Bank Limited

In 1963, UBL became the first bank in Pakistan. The first saving scheme for school-going children was launched as early as 1960 or the organization of Pakistan’s first staff College of employees in 1964, UBL, through the motivation of its staff and the trust of its customers.

UBL staff is very hardworking in providing services to convince the college staff that the knowledge of the computer and technology give the student of colleges and universities.  In 1967, UBL provides information in terms of technology, by introducing computer banking to Pakistan, and in 1971, UBL once again launched 3 online branches in Karachi.

Then UBL provides the computer technology and banking information of the school, and colleges.  UBL introduced Pakistan’s first credit card, the UNICARD in the ’70s, and left its mark by launching the Pak Rupees traveler cheques in 1971.

Staying true to its roots, UBL was also the first bank to have an Islamic banking division and the first to introduce e-banking facilities at Hajj. In the 1990’s the government of Pakistan decided to change the face of banking by creating a blueprint to  privatize UBL

See also  National Bank Of Pakistan (NBP)


About UBL Bank:

United Bank Limited was incorporated in Pakistan. Its main branch is in Karachi and the principal office is in Islamabad.

UBL is running for 50 years with 1281 branches all over Pakistan.

UBL has 22 Islamic banking branches, 1 branch in the Karachi export processing zone, and 18 branches outside Pakistan.


Wants to be the world’s biggest bank with excellent work and to achieve the goal with oneself expectations of customers.


Wants Biggest Bank Industry In Pakistan To Gave Quality Work To Their Customers & Fans Of All Over The Pakistan & All Over The World.

Core Values:

  • Honesty and integrity
  • Commitment
  • Fairness
  • Teamwork
  • Consumer Respect

United Bank Limited Board of Directors 



Chairman/Non-Executive Director

Sir Mohammed Anwar Pervez, OBE HPC is the Chairman of the Board of Directors of United Bank Limited since December 2013. He is also the Chairman of Bestway Group UK & its subsidiaries, which include Batleys Limited and Bestway Cement. He is also Chairman of Bestway Northern Limited in the UK.



Non-Executive Director

Lord Zameer Mohammed Choudrey CBE SI Pk has been a Director of United Bank Limited since February 2002. He is Chairman of the Board Risk & Compliance Committee (BRCC) and a Member of the Board Nomination Committee (BNC).

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Non-Executive Director

Mr. Haider Zameer Choudrey has been a Director of United Bank Limited since March 2014. He is a Member of the Board Audit Committee (BAC) and the Board IT Committee (BITC).




Non-Executive Director

Mr. Rizwan graduated from the University of Pittsburgh, USA in 1990 with a BSc in Business Management.

He then trained with a leading UK firm of Chartered Accountant and qualified in August 1995. Rizwan is a member of the Institute of Chartered Accountants in England & Wales.




Non-Executive Director

Mr. Arshad Ahmad Mir, appointed as a member of Board of Directors with effect from 26 October 2009, has over four decades of extensive corporate experience in financial services, oil industry, management consultancy, manufacturing, and wholesale distribution businesses.




Independent Director

Mr. Amar Zafar Khan is a Chartered Accountant, with over 30 years of multi-functional experience at premium international financial institutions, covering general management, directing turnarounds, and developing new ventures/ businesses in commercial banking, investment banking, domestic and cross-border corporate finance, and securities trading.




Independent Director

Mr. Tariq Rashid has more than 20 years’ experience in Management & Information Technology at the senior level.

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President & CEO, UBL

Mr. Shazad Dada is the President & CEO and member of the Board of Directors of United Bank Limited (“UBL”).


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Tassadaq Ali Editor at Bankingpk
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