Agha Hasan Abedi

When banking was nationalised in Pakistan in 1972, 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. Over the years, it developed into a worldwide banking operation with branches in 72 countries and 16,000 employees on its payroll. Mr. Abedi was personally responsible for inducting a large number of Pakistanis into the field of international banking and almost 80 per cent of the BCCI's top executive positions at the head office and in branches in various countries were held by Pakistanis. "It was founded by the charismatic Agha Hasan Abedi in 1972, backed by Middle Eastern investors and run mostly by the South Asians."[3] Mr. Abedi severed his connection with BCCI in 1990 after suffering a heart attack and led a retired life in Karachi until his death of heart failure at Karachi's Aga Khan hospital in 1995.

At the time of his death, Abedi was under criminal indictment in numerous countries for crimes related to BCCI. However, Pakistani officials refused to give him up for extradition, claiming the charges were politically motivated. Besides this, it is likely he would have been too sick to stand trial. He had been in poor health since suffering a stroke in the mid-1980s.

Mr. Abedi founded charitable organisations in UK, India, Bangladesh, Zimbabwe and Pakistan.

The Infaq Foundation has only one office in Karachi, Pakistan. It has capital and reserves of over Rs. 2.50 billion, which in 2009 are equivalent to just over US$30 million. Major beneficiaries among the known institutions are, Sindh Institute of Urology and Transplantation, National Institute of Cardiovascular Diseases, Lady Dufferin Hospital and Sir Syed University of Engineering and Technology in Karachi, and Ghulam Ishaq Khan Institute of Engineering Sciences and Technology in Topi, Khyber Pakhtunkhwa, Pakistan. President Ghulam Ishaq Khan was the first Chairman of the Foundation from 1983 through 1995. Another personality, a supreme court judge and a former Governor of Sindh – Justice Fakhruddin G. Ebrahim took over.

The Foundation has been managed by various Chief Executives. From 1981 to 1999, retired federal secretaries were Secretaries General of the Foundation. From 1999 to 2008, the position was held by Mr. Sohail Kizilbash, a Chartered Accountant educated in the UK and a person with long banking experience. From 2009 onwards, another Chartered Accountant and a former banker Mr. Anwar Gillani is the Honorary Secretary General.

Agha Hasan Abedi Auditorium Ghulam Ishaq Khan Institute of Engineering Sciences and Technology at the 8th Science Fair in 2007

Mr. Abedi also founded BCCI FAST in 1980 with a donation of Rs. 100 million, to promote education in computer science. It is now the first multi-campus university of Pakistan, known as National University of Computer and Emerging Sciences. It has five campuses situated in Islamabad, Peshawar, Karachi, Lahore and Faisalabad.

Ghulam Ishaq Khan Institute of Engineering Sciences and Technology was also the brainchild of Mr. Abedi. He felt that Pakistan should have another university for higher education, at PhD level, for engineering and sciences and it should be comparable to universities in any developed country.