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United Bank Limited (UBL) was de-clared Pakistan's Best Bank 2016 at the first Pakistan Banking Awards. The award recognizes a bank that has demonstrated the most significant contribution to na-tional development and the most effective management of its resources including its employees, clients, franchise, community and financials. The Awards were held un-der the auspices of the Institute of Bankers Pakistan (IBP), DAWN and A.F. Ferguson and Co.
Mr Ashraf Mahmood Wathra, Gover-nor of the State Bank of Pakistan (SBP), was the Chief Guest at the occasion. The Awards were adjudged by a 5-member jury of experts comprising Mr Syed Salim Raza, former SBP Governor and former CEO Pakistan Business Coun-cil, Mr Fuad Azim Hashimi, CEO Paki-stan Institute of Corporate Governance, Ms Nargis Ghaloo, Chairperson, State Life Insurance Corporation, Mr Azhar Hamid, former Banking Mohtasib, former member, Board of Directors of SBP, former Country Head of Standard Chartered Pakistan and Mr Shehzad Naqvi, former Country Head of ABN-Amro and Cit-ibank in Pakistan and Singapore.
Mr Wajahat Husain, President & CEO UBL, commenting on the occasion said: "I am proud and honoured that UBL has been declared the Best Bank at the coun-try's first Banking Awards. UBL has been a leading financial institution for the last 57 years. During this period, the Bank has come to be acknowledged as a Progressive and Innovative bank. These two identities of the Bank have seen it contribute greatly towards financial inclusion and economic development of Pakistan. UBL's primary pursuit is to provide superior financial products and services to our valued cus-tomers and this stems from our corporate belief 'Where You Come First'."

Copyright Business Recorder, 2016

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