Seasoned banker Tooran Asif appointed as President & CEO
of UBank
PTCL Group, Pakistan’s leading ICT
services provider, has appointed banking veteran Tooran Asif as the new
President and CEO of U Microfinance Bank Limited (UBank). With over 30 years of
experience in digital and retail banking, Asif is set to lead UBank’s next phase
of expansion and innovation.
Before joining UBank, Asif served as
the CEO of KT Bank Pakistan Limited, a digital bank under formation. He
previously held key leadership roles at Mashreq Bank UAE, where he played a
pivotal role in digital transformation and the enhancement of Islamic banking
services. His extensive career includes senior positions at Standard Chartered,
Citigroup, and ANZ Bank, with expertise spanning financial inclusion and
business transformation across Asia, the Middle East, and the UK.
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Welcoming Asif to his new role,
Hatem Bamatraf, Chairman of UBank and President & Group CEO of PTCL &
Ufone 4G, expressed confidence in his leadership:
“Tooran Asif’s expertise in digital
banking and financial inclusion aligns with UBank’s vision. We look forward to
his contributions in expanding financial access across Pakistan.”
Asif succeeds Mohamed Essa Al
Taheri, who served as Acting CEO during the transition.
Source: The News