The Founder
Mr. Agha Hasan Abedi, President of the Bank of Credit and Commerce International (BCCI), founded the bank in Luxembourg in 1972. At its peak, BCCI operated in 73 countries. A visionary banker, Mr. Abedi foresaw the challenges for the Global South in the 21st century and inspired a new generation of international bankers from the Third World to compete with the dominance of the former Western colonial banks. He supported numerous initiatives in banking, education, training, research, health, and agriculture for the Third World. In 1991, Western central banks abruptly shut down BCCI.
