CHAPTER 3
ORGANIZATIONAL STRUCTURES
Bank Alfalah is a highly developed organization, disciplined along clear lines. This principle of clarity of authority, responsibility, and job description is evident from their organizational hierarchy.
At the top of the structure is the Board of Directors, which is in Abu-Dhabi. The Chairman of the Board of Director is his Highness Sheikh Nahayan Mabarak Al-Nahayan. Then there are six directors. The CEO is Pakistani and holds his office at Head Office Karachi. The CEO is reported by five executive in charges looking after personnel training, credits, IT, operations, strategic planning and finance.
The whole country is divided into two zones (area) Northern and Southern, headed by two Area Managers. All branch Managers reports to Area Managers.
The organizational structure of Bank Alfalah is pyramid like, though culturally the pyramid works upside down. The different zones are encouraged to setup their own targets, subject to approval from top authority. In the same way, the different departments after choosing their realistic targets allow these goals to cascade down to employee level. Due care is taken in ensuring that the zones do not lose focus of the overall objectives of the organization while setting up their individual goals.
SNAP SHOT INFORMATION:
Ticker: BAFL Exchanges: KAR Sales: 3,036,078,000 Currency: Fiscal Year Ends: December Share Type: Ordinary Country: Major Industry: Financial Sub Industry: Commercial Banks Employees: 5,291 Market Capitalization: 24,000,000,000 Total Shares Outstanding: 400,000,000 Closely Held Shares: 54,744,673 
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