Mobilink Bank Wins Multiple Awards at VEON Ignite 2024 for Innovation and Inclusivity in Financial Services

At VEON Ignite 2024, Mobilink Bank, a leading digital microfinance institution in Pakistan, was recognized with several prestigious awards for its groundbreaking work in financial services and commitment to inclusivity. The event, which brings together over 200 global leaders from VEON’s extensive network, focuses on advancing digital innovation and discussing future strategies for the digital landscape. Mobilink Bank’s remarkable achievements in areas such as diversity, equity, inclusion (DEI), digital banking, and community investment highlight the bank’s continuous efforts to redefine financial accessibility in Pakistan.

During the event, Haaris Mahmood Chaudhary, the Interim CEO of Mobilink Bank, expressed his pride in the recognition. “The Financial Services Award signifies our vision of a connected and inclusive financial ecosystem, where everyone can access essential services at any time,” Chaudhary said. He further added that the acknowledgment underscores the bank’s commitment to financial empowerment for all Pakistanis. Mobilink Bank’s efforts to revolutionize banking accessibility were clearly reflected in the prizes they received.

One of the most notable awards presented to Mobilink Bank was the DO1440 Financial Services Award. This accolade was bestowed upon the bank for its commitment to offering round-the-clock financial services. A major factor in this recognition was the bank’s innovative consumer app, Dost, which offers a range of easy-to-use digital financial services. Through this app, Mobilink Bank has made significant strides toward its goal of simplifying and enhancing banking experiences for its customers, ensuring that essential services are accessible anytime, anywhere.

In addition to the Financial Services Award, Mobilink Bank’s work in nurturing young talent was acknowledged with the Investing in Youth & Talent Award. The bank has been a champion of programs that prioritize skill development, mentoring, and the empowerment of the next generation. These initiatives aim to equip young people with the tools they need to become change-makers in their communities, thus contributing to sustainable growth and development within the nation.

Mobilink Bank also earned recognition in the VEON Voices category, which celebrates organizations that emphasize diversity, equity, and inclusion. The bank’s Invisible Heirs campaign, which advocates for women’s inheritance rights, received special commendation for its innovative approach to increasing awareness and fostering diverse viewpoints. This campaign is part of Mobilink Bank’s larger mission to address social inequalities and promote women’s empowerment in Pakistan.

Another key award came in recognition of the bank’s Women’s Empowerment Inside Out initiative. This initiative was applauded for its comprehensive approach to advancing gender parity within the organization, creating an inclusive and supportive environment for women at all levels of the company. Through this program, Mobilink Bank is demonstrating its commitment to gender equality and the creation of a workplace where women can thrive and lead.

Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, also shared his thoughts on the recognition. “We are honored to be recognized at VEON Ignite 2024, a testament to our vision of transforming Pakistan’s banking landscape,” he said. Ibrahim emphasized Jazz’s dedication to driving positive change, creating a cashless economy, and fostering sustainable growth through innovation.

Mobilink Bank is part of the VEON Group, a global network of digital operators that provide integrated connectivity and digital services to approximately 160 million customers across six dynamic markets. Collectively, these markets represent 7% of the world’s population, making VEON a key player in the global digital space. As part of this influential group, Mobilink Bank continues to push boundaries, empower local communities, and drive forward financial inclusion in Pakistan.

The recognition at VEON Ignite 2024 highlights Mobilink Bank’s commitment to shaping the future of digital banking in Pakistan, with a focus on inclusivity, innovation, and empowerment for all.