Irfan Lodhi has been appointed Chief Executive Officer (CEO) of Mashreq’s Pakistani subsidiary. Mashreq is a well-known banking institution in the Middle East and North Africa region. Mr. Lodhi is well-respected in the business world and brings a plethora of experience as a leader at a variety of other financial organizations to this new position. His hiring will enable Mashreq to continue its success in offering Pakistani customers superior services. During his time at Mashreq Pakistan, he is expected to make significant contributions to the expansion of operations and the improvement of customer satisfaction, based on his broad commercial expertise in the region.
Lodhi has been appointed to guide Mashreq toward becoming a prominent corporate personality in Pakistan. His responsibilities include guiding Mashreq’s digital policy for all forms of financial services, with a focus on creating an exceptional client experience.
Moreover, he will concentrate on enhancing Mashreq’s digital network, collaborations, and the Neo system, NeoBiz, and NeoPay. In addition, he is responsible for collaborating with Pakistan-based decision-makers to enable the successful implementation of the National Financial Inclusion Strategy (NFIS), which aims to provide a positive customer experience using enhanced technology and data-driven change.
Irfan is a highly skilled expert with over twenty years of experience in retail banking, payments, digital banking, and development. During this time, he has worked for many significant financial institutions in multiple countries. His extensive knowledge of digital transformation makes him an ideal candidate for his new position at Mashreq. This appointment also demonstrates the company’s pride in its capacity to foster innovation and advancement within Pakistan’s financial sector. Irfan’s experience in various fields is a witness to this commitment, as it is invaluable.
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Fernando Morillo, the Group Head of Retail Banking at Mashreq, reacted to Irfan’s hiring. He thanked the State Bank of Pakistan for issuing a NOC (No Objection Certificate) for the establishment of a digital bank in the country. Morillo feels that Irfan’s past accomplishments in digital banking will assist them in achieving leadership within the financial industry and implementing beneficial reforms. With SBP’s approval of digitalization processes, he anticipates Mashreq’s rise in this arena across Pakistan. His ultimate objective is for the organization’s Digital Banking segment in Pakistan to attain new heights.
Irfan Lodhi stated that he was honored to be selected for this position at Mashreq, and he is looking forward to working with the talented team and influential locals to drive the organization’s success and growth while contributing to Pakistan’s digital ambitions. Mashreq has been revitalizing banking for over 55 years with the most modern advancements in information, programming, knowledge, mechanical autonomy, and more. He believes that by combining Pakistan’s enormous potential with Mashreq’s diverse groupings, they would strengthen their center of gravity in the country, generating heavenly experiences for both their representatives and clients through uniqueness and nimbleness.