About Altaf ‘Aly’ Nazerali

For more than fifty years, Altaf ‘Aly’ Nazerali has stood out as a dynamic and influential force—a global entrepreneur, philanthropist, and forward-thinking visionary whose accomplishments span a wide range of industries and continents. His journey, though marked by remarkable achievements, has also been defined by formidable challenges and an unrelenting spirit.
From building billion-dollar ventures to waging—and winning—a grueling seven-year legal battle to defend his name, Nazerali exemplifies resilience, integrity, and a tireless commitment to driving positive change. His impact stretches across Africa, the Middle East, Europe, and the Americas, where he has led transformative enterprises, invested in groundbreaking technologies, and championed causes that empower and uplift communities around the world.


Aly Nazerali
A Commitment to Community
Advancing Healthcare Access In Pakistan

Recognizing the urgent need for accessible and high-quality healthcare, Nazerali and his family made a multi-million-dollar donation in 2000 to establish a state-of-the-art medical facility attached to the Aga Khan University Hospital (AKUH), Pakistan’s leading medical and teaching institution, and one of the best private universities in Asia and East Africa.
The Nazerali-Walji Building, a 24,000-square-foot ambulatory care center, was the first facility constructed in AKUH’s Ambulatory Care Zone, which specializes in outpatient treatment, diagnostics, and advanced medical interventions. This three-story facility provides specialist clinics, welfare services, diagnostic centers, an executive health clinic, and a pharmacy, catering to the growing demand for world-class healthcare in Pakistan.
The building houses 30 examination rooms, nursing stations and auxiliary facilities, such as assessment and procedure rooms, teaching areas and support spaces. Ambulatory care services are available in medical and surgical specialties, including family medicine, internal medicine, allergy, infectious diseases, endocrinology, cardiology, pulmonology, vascular surgery, cardiothoracic surgery, and cardiopulmonary diagnostics services.
Designed with patient comfort and advanced medical technology in mind, the facility services 300,000 people every year, and millions since it’s opening in 2003. By funding this project, the Nazerali-Walji family has played a critical role in expanding healthcare infrastructure in a country with a rapidly growing population and increasing medical challenges.
Empowering Young Women Through Education

Understanding that education is the key to breaking cycles of poverty, Nazerali’s family has played a pivotal role in supporting a boarding and vocational school for girls in Bhuj, India—the ancestral home of his family.
Located in one of India’s most underprivileged regions, the school provides primary and secondary education alongside vocational training, equipping young women with marketable skills that enable them to contribute economically to their families and communities.
This institution attracts students from multiple villages, ensuring that young girls, who might otherwise lack access to education, have the tools to shape their own futures. Nazerali firmly believes that educating women creates a ripple effect, as they go on to educate their own children and drive progress in their communities.
Aly Nazerali
Global Business Leader and Strategic Innovator
Nazerali’s international business career began in 1975 when he joined GTE International (now part of Verizon) as a financial analyst in Boston. Shortly after, he was transferred to Algeria as in-country manager for a $235-million project to build one of the world’s largest electronics plants. The project required managing over 5,000 employees and coordinating more than 20 subcontractors across civil engineering, semiconductor manufacturing, and telecommunications.
By 1979, he joined CFE S.A., one of Belgium’s leading construction firms, as Regional Director for North Africa and the Middle East. He was appointed to the Board of FCT S.A., a consortium of Belgian construction and engineering companies, formed to pursue large infrastructure projects abroad. His expertise in business development and contract negotiations secured multi-million-dollar infrastructure projects, including port expansions, luxury hotels, and housing developments across North Africa and the Gulf.
In the early 1980s, Nazerali expanded into international trade and finance joining the Gulf Group, based in Geneva and Luxembourg. He was responsible for the commercial growth of two Rotterdam-based trading firms with operations in Africa, the Middle East, and Asia. His work in barter and countertrade transactions strengthened his expertise in complex international trade mechanisms.
In 1984, Nazerali founded AIM S.A., a Luxembourg-based brokerage firm specializing in commodities, futures trading, and portfolio management. Under his leadership, AIM rapidly became the largest non-bank financial services firm in the country.
In 1988, Nazerali returned to North America, where he played a key role in Canada’s financial sector by helping launch the country’s first mutual fund specializing in commodities and financial instruments. By 1991, the fund was recognized as one of the top-performing funds in Canada.
In 1995, Nazerali founded Canbras Communications Corp., establishing a strong presence in Brazil’s subscription television market. Partnering with Abril S.A., one of Brazil’s largest media groups, Canbras quickly grew into a leading provider. By 1998, Bell Canada International acquired a controlling interest, further expanding its reach.
By 2000, Canbras had a market capitalization of over $900 million on the Toronto Stock Exchange.
Nazerali founded Multivision Communications Corp. in 1996 and was its CEO until 2012 when it was acquired by Millicom International. Multivision was the largest provider of wireless subscription television services, and data transmission operating in all the major cities of Bolivia.
In 1996, Nazerali co-founded CTF Technologies which become Brazil’s largest fleet management and one of Brazil’s largest fuel payment processors with major anchor clients including Petrobras, and Vale. Fleetcor, now Corpay, acquired CTF in 2012 for $180 million in cash.
In 1998, Nazerali founded and was the initial CEO of Imagis Technologies, a Canadian company, which was one of the first publicly listed companies engaged in facial recognition with stellar clients including the RCMP in Canada, the National Crime Squad in the UK, and numerous police agencies in the US.
Since 1991, Nazerali has also been a principal at Valor Invest Ltd., a merchant banking firm that has financed numerous high-growth companies across natural resources, software, telecommunications, and emerging technologies.
Valor was an early investor in Orko Silver Corporation, an advanced silver exploration project in Mexico which was acquired by Coeur d’Allene in 2013 in a transaction valued at $384 million.
Throughout the 2000s, Nazerali successfully exited several ventures through strategic trade sales to major corporations, including Bell Canada, Fleetcor (now Corpay) Avery Dennison, Coeur d’Alene, and Millicom International.
Today, he remains highly active in venture capital, financing and supporting companies in natural resources, telecommunications, software, and emerging tech. He has successfully raised tens of millions of dollars and helped list numerous portfolio companies on stock exchanges in Canada, Europe and the U.S.
With a particular focus on environmentally sustainable technologies, Nazerali has backed innovations in dynamic glass and food technology, ensuring that businesses remain at the cutting edge of global market trends.
Through strategic investments, leadership, and a deep understanding of global markets, Aly Nazerali continues to shape industries, drive economic expansion, and lead businesses toward long-term success. His ability to identify opportunities, execute high-impact deals, and adapt to evolving market dynamics has made him a key figure in international business and venture capital.
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Career Highlights
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
Managing the allocation of resources, including time, budget, and staff, across numerous projects and clients is an essential aspect of running a digital agency.
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