The name "House of Habib" identifies the business activities of the Mohammedali Habib. A man of vision and exceptional leadership, he was the architect and builder (with his brothers) of the group which included Habib Bank Limited and Habib Insurance Co. Ltd., established in 1941 and 1942 respectively. Today, the House employs over 10,000 people who provide an array of products and services. Activities range from automobiles to audio media, buildings to banking and computers to chemicals. Managing a network of public (listed on the Pakistan Stock Exchanges) and private companies, the House of Habib has equity and technical collaborations with British, Japanese and Norwegian companies.The tradition of the family could be described as conservative, yet it places great emphasis on decentralized professional management resulting in a progressive and dynamic organization.