Parvez Ahmed Shahid

Shahid also served as the coordinator in Pakistan for Abu Dhabi Group Archived 2 December 2013 at the Wayback Machine, a group based in the United Arab Emirates and headed by Nahayan Mabarak Al Nahayan, a senior member of the Abu Dhabi Royal Family and Minister in the Federal Government of UAE. With Shahid and Nahayan's personal friendship going back to the 1970s, Shahid was jointly responsible along with his brother Bashir Tahir for bringing in foreign investment to Pakistan to the tune of over $1 billion.

In 2005, Wateen Telecom was launched by Abu Dhabi Group as a communication services provider. Shahid was a member of the Board of Directors until 2011. During his time at Wateen Telecom, Shahid played a pivotal role in deploying Pakistan's largest fibre optic network. Shahid also oversaw the largest countrywide roll-out of WiMax in the world.

Shahid is well known in the business circles of the region for having spearheaded the successful bid and acquisition of a 51% controlling interest in Pakistanʼs 3rd largest bank, United Bank Limited, on behalf of a consortium consisting of Bestway Group of United Kingdom and UAE-based investors in 2002. Shahid negotiated a brilliant deal with the Government of Pakistan whereby a 51% majority shareholding in the bank was acquired for a total consideration of US$205 Million. The current market capitalisation of United Bank Limited is over US$1 Billion.

Bank Alfalah Limited was acquired in 1997 by Abu Dhabi Group of UAE. Shahid led the bidding process as he was the authorised power of attorney holder of Nahayan Mabarak Al Nahayan. Formerly Pakistan's smallest bank with just three branches, Shahid led its acquisition and then nurtured the institution and his colleagues to become the country's 5th largest private bank (6th largest if Pakistani Government owned National Bank of Pakistan is also included) with over 471 domestic and international branches in Bangladesh, Afghanistan and Bahrain. Shahid infused the highest international standards of customer service, innovation, technology, marketing, brand building, and finance into Bank Alfalah Limited.

From 1992 until 1996, Shahid worked as a consultant and managed a trading company along with some of his friends.

Upon completing his education, Shahid joined BCCI in 1973 in Abu Dhabi, UAE. He assumed the role of Head of Central Support Office for Global Treasury Operations, United Kingdom from 1984 to 1986, after which he returned to Abu Dhabi and was given the charge as the bank's Joint Executive In-Charge of Treasury. Shahid resigned from the bank in June 1991 due to personal reasons and moved back to his country of birth the same year. Notable people who have worked with Shahid at BCCI are:

Shahid completed his Bachelor of Science from Forman Christian College, Lahore, Pakistan in 1971. In 1987, Shahid attended a course on options trading at the prestigious Insead in Font En Bleu, France. Shahid also attended a 3-month Finance and Management course in Tokyo, Japan, where he studied the style of management of Japanese institutions including but not limited to Daiwa Bank, Yamaichi Securities, Nomura Securities, Osakaya Securities, Toyota Motors, Panasonic, Nippon Kokun, and numerous others

Parvez Ahmed Shahid (born 20 December 1948) is a retired banker and in his most recent role served as co-chairman of the Central Management Committee at Bank Alfalah from 2006 to 2011. Prior to this he worked for an international bank in which his last role was that of head of global treasury and resigned from BCCI in June 1991.