Allied Bank Limited

Aap kay saath saath

By: Malik Saad Noman

IIUI/FMS/BBA-2649

INTRODUCTION of ABL

The first bank to be established in Pakistan. Australasia Bank before independence in 1942. Renamed Allied Bank of Pakistan Limited in 1974. Allied Bank Limited in 2005. Owner ship transferred in August 2004.

VISION
To become a dynamic and efficient bank providing integrated solutions in order to be the first choice bank for the customers.

MISSION
To provide value added services to our customers To provide high tech innovative solutions to meet customers' requirements To create sustainable value through growth, efficiency and diversity for all stakeholders To provide a challenging work environment and reward dedicated team members according to their abilities and performance To play a proactive role in contributing towards the society.

CORE VALUES
Integrity Excellence in Service High Performance Innovation and Growth

COMPANY HISTORY o December 1942 as the Australasia Bank at Lahore. o Chairmanship Khawaja Bashir Bux, and his business associates, o Paid-up capital and Reserve amount.

ORGANIZATIONAL STRUCTURE
CHIEF EXECUTIVE OFFICER COMPANY SECRETARY CHAIRMAN BOARD OF DIRECTORS GROUP CHIEFS MANAGEMENT BRANCH MANAGERS

CORPORATE INFORMATION

BOARD OF DIRECTORS
M.NAEEM MUKHTAR SHEIK MUKHTAR M.WASEEM MUKHTAR ABDUL AZIZ KHAN SHEIKH JALEES AHMAD MUBASHAR AKHTAR PERVAIZ IQBAL KHALID SHERWANI

AUDIT COMMITTEE
MUBASHAR AKHTAR (chairman) SHEIKH AHMED PERVAIZ BUTT

AUDITORS

ERNST AND YOUNG FORD RHODES SIDAT HYDER KPMG TASEER HADI AND COMPANY (chartered accountants)

LEGAL ADVISER
HAIDERMOTA AND COMPANY (advisor and solicitors)

SHARES REGISTRAR

TECHNOLOGY TRADE (PVT.)LTD.

HEAD OFFICE
8 KASHMIR /EGERTON ROAD LAHHORE 54000 PAKISTAN

Hierarchy Second level of Third level Allied Bank Fourth level Fifth level Limited

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Organizational Structure:
I.

CHIEF EXECUTIVE OFFICER COMPANY SECRETARY CHAIRMAN BOARD OF DIRECTORS GROUP CHIEFS MANAGEMENT BRANCH MANAGERS

II.

III.

IV.

V.

VI.

VII.

JOB RESPONSIBILITIES

CEO
PLANE , DEVELOP AND IMPLEMENT STRATEGIES PRESENT COMPANY REPORT AT ANNUAL STOCK HOLDER AND BOARD OF DIRECTOR APPROVE COMPANY PROCEDURES,POLICIES AND STANDARDS UP DATING ALL BRANCHES IMPLEMENTATION OF POLICIES ANNOUNCED BY STATE BANK OF PAKISTAN BARGANING WITH FINANCIAL PARTIES

CHAIRMAN
ATTEND THE MEETINGS OF GOVERNING COUNCIL ATTEND THE MEETINGS OF NOMINATIONS AND REMUNERATION COMMITTEE IMPLEMENT NEW POLICIES FROM BOARD OF DIRECTOR DISCUSES POLICIES FROM GOVERNMENT AND STATE BANK

COMPANY SECRETARY
HELD BOARD MEETING AND GENERAL MEETING ORGANIZE BOARD MEETING AND ANNUAL GENERAL MEETING DEALING WITH CORRESPONDENCE , COLLECTIN INFORMATION AND WRITING REPORTS

BOARD OF DIRECTORS
BOARD COMMITTES BOARD STAFF RELATIONS FUND RAISING DELEGATION

GROUP CHIEF
CONTROL THE FLOW OF PEOPLE INTO THE OVAL OFFICE MANAGE THE FLOW OF INFORMATION PROTECT THE INTERESTS OF THE PRESIDENT NEGOTIATE WITH OTHER MEMBER OF THE EXECUTIVE BRANCH

BRANCH MANAGER
MANGE THE BRANCH FIND NEW CUSTOMERS FOR BRANCH CONTROL DEPARTURE LOOK AFTER THE STAFF COMPLETE THE TARGET KEEP TOUCH IN STAFF MEMBERS

Departments of Bank

Departments of Bank Finance Department

Commercial Leading

Provides funds & non funds based on commercial facilities

Consumer Banking
Travelers cheque ATM

Give loans individual

Worth of total assets of ABL is Rs.511,279,117(in thousands) Net working capital of bank is Rs.41,201,388(in thousands)

Marketing ABL provides Banking services to Department

Agriculture Industrial Individual customer

International operation in England Highest number of ATMs Online network of 800 brunches Best bank of 2009 by CFA association of Pakistan

Human Resource Department

ABL does not have its HR department in every branch. HR department only at Head Office, Karachi.
Classification of ABL

A. CEO,EVP,SVP,VP,AVP B. M1 to M12 officer

Recuritment process of ABL

Two different methods of recuritment

Direct Appointment
Upper level of hierarchy Recurited through discrete selection procedure

Promotions
Upward movement Increase in Salary & Grade

Merit
Eductional qualification Professional qualifaction Location of brunch

Selection process operates in ABL

Advertising Collection of application Short-listing Intelligence test Interview Background investigation Preliminary selection Approval from competent authority Physical and medical test Placement

Training.
Perfect fit Training institute Training period

Promotion.
Performance & skills Seniority Promoted after 3 years

SOWT Analysis

Strengths
More branches and strong ATM network Strongest online system and more advanced technology Advanced MIS using Core Banking Solution TEMENOS at ABL The bank is passionate about high performance, innovation and delivering value to its customers Management Development Center MDC of ABL that provide to the growing needs of ABL staffthrough computerized training workshops and seminars

Time to time monitoring over its different wings and groups to increase efficiency For quick decision making 16 regional offices has 68 controlling offices, including of 4 provincial, 18 circle and 46 zonal offices. Employees entertainment andrelaxation for good performance Strong corporate culture Shifted from nationalize to contemporary area of banking

Weaknesses
ABL is not enhancing the new obligors The controls of Heads are not effective ABL credit group do not sanction the loan to the lawyers, politicians and the female having no blood relative. No use of electronic media for promotion of services No proper segmentation In many offices the employees are less so it creates more work burden on existing one

Opportunities
Make Personal loans Car leasing Reduced transaction charges Attract the customers by giving them more schemes Use of media for promotion ABL can make possible the fast delivery of fund from abroad through online banking

Threats
Strong competition Financial crises in country Decreasing of currency value of Pakistan New Privates Bank coped with emerging new Technology of IT

Recommendation & Conclusion

Recommendation
Advertisement of financing schemes Advance trainings for employees Islamic products Organize the seminars with the cooperation of industries Job rotation Automated System Avoid bad debts Security system

Agriculture Finance

Development Loans
Improvement of agricultural land, orchards, etc. Construction of Godowns Purchase of Tractors, Machinery & other equipments. Installation of Tube wells. Farm Transportation, etc.

Conclusion
No any organization is free from problems Great image of bank Market share

Any Question??

Thanks for Listening