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.
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.
His father, Sheikh Muhammad Zameer, was a banker by profession and worked for a bank owned by the Government of India, prior to the Independence of Pakistan.
[12] Shahid infused the highest international standards of customer service, innovation, technology, marketing, brand building, and finance into Bank Alfalah Limited.
Bank Alfalah Limited is an example of the institution which Shahid had, alongside an excellent and dedicated management team, built into a US$300 Million[13] business from an initial, overall equity investment of only US$40 Million, thereby creating tremendous shareholder value translating into a potential 8x return on investment in 13 years (in case the bank were to be sold today and without taking into account the dividends that have been paid out so far).
As a member of the Board of Directors, Shahid was instrumental in using his banking resources to assist Warid Telecom in leapfrogging Mobilink as the operator with the highest number of postpaid customers in Pakistan.
[16] Shahid was also instrumental in bringing on board brand ambassadors that included big names in the music and film industry such as Atif Aslam and Reema Khan.
[22] 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.