Ali Jawahir Rizvi Appointed Chief Compliance Officer & Head of Financial Crime Risk Governance at Standard Chartered Bank Pakistan
Standard Chartered Bank Pakistan has appointed Ali Jawahir Rizvi as its new Chief Compliance Officer and Head of Financial Crime Risk Governance. With extensive expertise in regulatory compliance and risk management, Rizvi will enhance the bank’s commitment to transparency, ethical standards, and robust financial crime risk governance.
Zehra Khalikdina Appointed Chief Ethics & Compliance Officer at Mobilink Microfinance Bank
Mobilink Microfinance Bank (MMBL) has appointed Zehra Khalikdina as its new Chief Ethics & Compliance Officer. With her wealth of experience in compliance and ethical leadership, Khalikdina is set to enhance the bank’s commitment to transparency and responsible banking.
SBP Infuses Rs11.6 Trillion into Market through Reverse Repo and Shariah-Compliant OMO
The State Bank of Pakistan (SBP) has injected a total of Rs11.6 trillion into the banking system through a combination of reverse repo and Shariah-compliant Open Market Operations (OMO). This significant liquidity infusion is aimed at addressing market liquidity requirements.
MCB Islamic Bank unveils SUBUK app as it accelerates its digital Islamic banking strategy
MCB Islamic Bank launches SUBUK, a new mobile banking app designed to elevate digital Islamic banking through improved user experience, enhanced security, and a customer-focused approach.
MCB Bank Targets 60% Current Account Mix, Expands Branch Network for Digital Growth
MCB Bank is accelerating its digital transformation and expanding its branch network as it targets a 60% current account mix in the coming years. Despite a decline in profit, the bank remains focused on sustainable growth and enhanced customer engagement.
Saira Gabol Appointed as Head of Human Resources at BankIslami to Lead Cultural and Organizational Transformation
BankIslami has appointed Saira Gabol as its new Head of Human Resources. With more than 18 years of experience in human capital management across local and global markets, Saira will lead the bank’s HR transformation journey, focusing on talent development, organizational excellence, and people-centric growth.
Waqas Anis Appointed Chief Digital Officer at BankIslami to Lead Next Phase of Digital Transformation
BankIslami has appointed Waqas Anis as its new Chief Digital Officer. With over two decades of experience in banking, consulting, and technology, Waqas will lead the bank’s digital strategy, driving innovation, digital lending, and customer experience enhancement to strengthen BankIslami’s position as a technology-driven Islamic financial institution.
State Bank of Pakistan Strengthens Digital Financial Ecosystem with New Technology Risk Management Framework
The State Bank of Pakistan introduces a comprehensive Technology Risk Management Framework for Payment Institutions to bolster cybersecurity, ensure business continuity, and enhance digital financial resilience across Pakistan.
Pakistan’s Push Toward Inclusive Banking: Progress and Persistent Gaps in Women’s Financial Empowerment
Pakistan’s banking sector shows progress in women’s inclusion, with 17 million new female accounts and a 9% reduction in the gender gap. Yet, persistent inequalities reveal the need for deeper, data-driven strategies to achieve true financial empowerment.
Asma Shahbaz Appointed Head of Transformation at UBL, Driving Strategic Change and Innovation
United Bank Limited (UBL) has appointed Asma Shahbaz as the Head of Transformation. With nearly two decades of experience across top financial institutions including Mashreq, HBL, and Standard Chartered, Asma will lead UBL’s strategic transformation initiatives to strengthen innovation, operational excellence, and sustainable growth.