Media Magick

Mashreq, a leading financial institution in the Middle East and North Africa (MENA) region, recently announced the appointment of Irfan Lodhi as its new Chief Executive Officer (CEO) for Mashreq Pakistan. This move highlights Mashreq’s commitment to leading the way in digital transformation and financial innovation in the country.

In his role, Irfan Lodhi will be responsible for establishing Mashreq as a key player in Pakistan’s finance sector. He will lead the digital strategy for the bank across all banking segments, with a focus on providing exceptional customer experiences. He will also emphasize the development of the digital ecosystem, partnerships, and next-generation capabilities of Mashreq’s digital offerings, including Neo, NeoBiz, and NeoPay. Irfan will work closely with stakeholders in the country to deliver on Pakistan’s National Financial Inclusion Strategy (NFIS) through digital innovation and information-led transformation.

Irfan Lodhi brings over 20 years of experience in retail banking, payments, digital banking, digital development, and SME business across multinational financial institutions and geographies. He has held numerous leadership positions in digital strategy at leading banks in the UAE and Pakistan, making him an expert in digital transformation.

Mashreq’s Vision for the Future With the recent approval from the State Bank of Pakistan to set up a digital bank in the country, Irfan’s expertise will enable Mashreq to progress as a leader in the finance sector. Fernando Morillo, Group Head of Retail Banking at Mashreq, said, “Irfan’s proven track record in digital banking will help us achieve our vision to take Mashreq to new heights in the Digital Banking space in Pakistan.”

Irfan Lodhi expressed his honor at being selected for this role and said, “I look forward to working with the talented team and stakeholders in the country to drive the growth and success of the organization while contributing to the overall digitizing aspirations of Pakistan.” He added, “I look forward to combining Pakistan’s potential and Mashreq’s diverse teams to gain a foothold in the country, creating the best experiences for our employees and customers through innovation and agility.”

With Irfan Lodhi’s appointment as CEO of Mashreq Pakistan, the bank continues to demonstrate its commitment to driving digital transformation and financial innovation in the country. His wealth of experience and expertise will be instrumental in establishing Mashreq as a key player in the finance sector and delivering on Pakistan’s National Financial Inclusion Strategy through digital innovation and information-led transformation.