How it started
Early life
After moving from Afghanistan to Dubai as a young boy along with his father Mirwais Azizi, they founded the Azizi Group in 1989.
A graduate of the University of Tulsa, Azizi obtained an MBA in finance management from Boston-Suffolk University. After completing his studies, Farhad spent time in Europe before moving back to the UAE.
Career
In 2007, Azizi Developments was established. In 2006, Azizi Bank was found, now the largest commercial financial institution in Afghanistan. They also acquired Bakhtar Bank (now Islamic Bank of Afghanistan) which is regarded as one of the reputed banks in Afghanistan.
Before the 2008 financial crisis and Dubai housing crash in 2009, Azizi Developments sold off-plan properties in Dubai. The majority of buyers could not continue payments and Azizi instructed that their deposits be handed back.
From Wikipedia’s article on Azizi Bank, shared under CC BY-SA 4.0.2