press release

Mr. Syed Basit Aly has taken over the charge of HBFCL as Managing Director/ CEO

Syed Basit Aly has taken over the charge of MD/CEO, House Building Finance Company Limited (HBFCL) as on Tuesday the 31st October, 2017.

Mr. Basit Aly has over 20 years of well diversified work experience. He joined civil service of Pakistan as an Assistant Commissioner in 1995. He held various field assignments in Baluchistan and later served in Ministry of Finance, GOP before joining the State Bank of Pakistan in 2003.

He was director Infrastructure, Housing & SME Finance Department of State Bank of Pakistan prior to joining House Building Finance Company Limited.

He holds a bachelor’s degree in electrical engineering from UET Lahore and a master’s degree in development economics from Williams College, Massachusetts, USA.


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