One of Pakistan’s largest commercial banks, Bank Alfalah, has been honoured with three prestigious awards in recognition of its exceptional banking performance, Investment Banking and investor relations at the 19th Annual Excellence Awards hosted by the CFA Society Pakistan in Karachi. The bank was nominated in several categories and awarded the ‘Best Investor Relations’ award for the 9th time this year.

In addition, Bank Alfalah was declared the rumrunner-up in the ‘Best Bank of the year category in recognition of its operational excellence, product suite and profitability. The Bank was also awarded the ‘Best transaction of the year, or Shams Power Limited, which is a testament to its ability to execute large-scale and innovative transactions successfully.

Speaking on this development, Pervez Shahbaz Khan, Group Head, Treasury at Bank Alfalah, commented:

“It is a proud moment for all that Bank Alfalah has been recognised at CFA Society Pakistan’s 19th Annual Excellence Awards and has achieved a new milestone, wrapping up three major awards. For the 9th consecutive year, Bank Alfalah has been lauded as the ‘Best Investor Relations’. This shows the management’s level of commitment towards investors and the competence of the investor relations team, exceeding expectations. On top, this is the first time that Bank Alfalah has been recognised as the “Best Bank of the year” in the large bank’s category while also winning the “Best transaction of the year award”. These achievements recognise our commitment to stakeholder expectations, including customers, investors and employees. This shows that our efforts towards building a more inclusive financial society and introducing innovation in banking are valued and motivate us as an entity to continue to deliver our best.”

The awards are held yearly to acknowledge the outstanding performances of financial institutions, corporates, and industry professionals. The CFA Society Pakistan aims to promote the highest standards of ethics and professional excellence in the financial community to benefit society.