logo
CFO Conference 2025: Jameel Ahmad Governor, State Bank of Pakistan

CFO Conference 2025: Jameel Ahmad Governor, State Bank of Pakistan

TEXT: I commend the Institute of Chartered Accountants of Pakistan (ICAP) for organizing the CFO Conference 2025. Such events offer a platform for finance and accounting professionals, as well as emerging corporate leaders, to engage in meaningful dialogue, exchange knowledge, and align their efforts towards the shared objective of sustainable and inclusive economic progress.
State Bank of Pakistan recognizes the critical role of financial leadership in strengthening the financial reporting and disclosure regime. This in turn improves the governance framework and fosters trust in the financial system that is crucial for macroeconomic stability and long-term growth. In an era defined by rapid technological advancement, evolving policy landscapes, and global volatility, agility and strategic foresight have become even more important for effective corporate governance. CFOs must adopt a proactive approach, moving beyond traditional boundaries by embracing digital transformation, and anticipating change.
The theme of this year's conference: 'Quantum Leap: Agility & Competitive Edge', is both topical and forward-looking. It encapsulates the expanding responsibilities of finance professionals in areas such as AI, ESG integration, digital finance, and investment foresight. These conversations are essential not only to enhance professional capabilities but also to support the broader national vision of building a robust, and a future-ready economy.
I acknowledge ICAP for its ongoing commitment to nurturing thought leadership and promoting excellence in the finance profession. I extend my best wishes to all the participants and organizers for a successful, insightful, and impactful conference.
Copyright Business Recorder, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Countrywide expansion: Halan receives licence from State Bank of Pakistan
Countrywide expansion: Halan receives licence from State Bank of Pakistan

Business Recorder

time9 hours ago

  • Business Recorder

Countrywide expansion: Halan receives licence from State Bank of Pakistan

KARACHI: Halan Microfinance Bank ('the Bank'), a Pakistani microfinance bank owned by MNT-Halan, Egypt and the MENA region's first fintech unicorn, has received a national license from the State Bank of Pakistan, allowing it to expand outside Sindh to the rest of the country. The national license permits the Bank to launch and manage financial services, including branchless banking, cards, mobile banking, retailer-based transactions, and wallet services. These services will complement the Bank's current product suite, which includes microfinance, salary advances, pensions, current accounts, and savings accounts. Commenting on this development, Mounir Nakhla, Founder and Chief Executive Officer of MNT-Halan, said that securing a national license is a major step in our journey to serve more people and businesses across Pakistan. This milestone would not have been possible without the continued support of the State Bank of Pakistan, he said. Copyright Business Recorder, 2025

12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets
12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets

Business Recorder

time10 hours ago

  • Business Recorder

12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets

ISLAMABAD: JazzCash is facilitating QR-based payments at 27 cattle markets across 12 cities nationwide -- initiative replaces traditional cash transactions with seamless digital payments, ensuring safety, transparency, and convenience for cattle farmers, merchants, and buyers alike. Following its success last year—facilitating the most widespread interoperable RAAST QR digital payments campaign and contributing over one-third of all QR transactions in the industry—JazzCash is once again enabling secure, efficient, and cashless transactions during this Eidul Azha season. In line with the State Bank of Pakistan's vision to promote digital financial inclusion, JazzCash is facilitating QR-based payments at 27 cattle markets across 12 cities nationwide. This initiative replaces traditional cash transactions with seamless digital payments, ensuring safety, transparency, and convenience for cattle farmers, merchants, and buyers alike. The project aims to integrate rural and semi-urban communities into the digital economy, expanding access to essential financial services and fostering economic empowerment. Adding to its innovative offerings, JazzCash has partnered with Saylani Welfare Trust to launch a digital Qurbani service through the JazzCash app. This service allows customers to conveniently select their preferred Eid day and pickup location or opt to have the meat distributed on their behalf, making the Qurbani process more accessible and hassle-free. JazzCash hosts over 22 million RAAST IDs and an extensive network of more than 535,000 merchants. The platform facilitates the digitization of over PKR 20 billion in QR transactions every month, underscoring its pivotal role in driving the adoption of RAAST payments and advancing Pakistan's fintech landscape. 'JazzCash is committed to empowering communities by making digital payments accessible, secure, and convenient. Our initiatives during this EidulAzha season reflect our dedication to financial inclusion, helping Pakistanis embrace the benefits of a digital economy,' said Khayyam Siddiqi, Head of Communication, JazzCash. JazzCash, Pakistan's leading fintech platform serving nearly 50 million customers, continues to spearhead the country's digital payment revolution, he added. Copyright Business Recorder, 2025

Countrywide expansion: Halan receives licence from SBP
Countrywide expansion: Halan receives licence from SBP

Business Recorder

time11 hours ago

  • Business Recorder

Countrywide expansion: Halan receives licence from SBP

KARACHI: Halan Microfinance Bank ('the Bank'), a Pakistani microfinance bank owned by MNT-Halan, Egypt and the MENA region's first fintech unicorn, has received a national license from the State Bank of Pakistan, allowing it to expand outside Sindh to the rest of the country. The national license permits the Bank to launch and manage financial services, including branchless banking, cards, mobile banking, retailer-based transactions, and wallet services. These services will complement the Bank's current product suite, which includes microfinance, salary advances, pensions, current accounts, and savings accounts. Commenting on this development, Mounir Nakhla, Founder and Chief Executive Officer of MNT-Halan, said that securing a national license is a major step in our journey to serve more people and businesses across Pakistan. This milestone would not have been possible without the continued support of the State Bank of Pakistan, he said. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store