Jazz appoints Atyab Tahir as JazzCash CEO

Jazz, Pakistan’s leading digital operator (part of VEON Group NASDAQ: VEON, Euronext Amsterdam: VEON), announces the appointment of Atyab Tahir as CEO of JazzCash effective May 1, 2022.

Atyab, currently Country Manager MasterCard Pakistan & Afghanistan, has over two decades of international banking and consulting experience. Atyab has also held senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa. He holds a BA from Dartmouth College and an MBA from Babson College.

Commenting on Atyab’s appointment, Jazz CEO Aamir Ibrahim said, “While mobile phones and payment solutions have accelerated financial inclusion in the country, a significant portion of Pakistan’s adult population remains unbanked. . I am confident that under Atyab’s dynamic leadership, JazzCash will help strengthen financial inclusion at all levels through innovative and customer-centric products. »

“JazzCash is at the forefront of Pakistan’s digital revolution, processing over 5 million transactions every day and accounting for nearly 7% of Pakistan’s GDP. Our goal is to build a world-class fintech serving every Pakistani, from youth to SMEs to freelancers, with a focus on the unbanked and underbanked. I look forward to joining the Jazz family and collaborating with our partners in the telecommunications and financial services industry to unlock the true potential of Digital Pakistan. Atyab said.

A division of Jazz, JazzCash has quickly grown to become a leader in the national digital financial services market. As shown by VEON Group’s FY21 results released on February 28, 2022, JazzCash has 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (up 2.3x). year-on-year).

About Jazz
Jazz is Pakistan’s leading 4G operator and a leading digital service provider with over 72.6 million subscribers, including 35 million 4G users. maintains its market leadership through leading integrated technology, the strongest brands and the largest portfolio of value-added services in the industry. For more information: www.jazz.com.pk

About JazzCash

JazzCash is Pakistan’s leading fintech with 15.5 million monthly active users, 141,000 merchants and around 1.7 billion transactions in 2021. JazzCash offers a broad portfolio of branchless banking services for customers, including travel, ticketing, entertainment, money transfers, bill payments, debit cards, insurance, savings and payments for a wide variety of services. For more information, please visit: www.jazzcash.com.pk

At present, JazzCash is considered as the biggest mobile wallet in Pakistan which is trusted by millions of people. Consumers can simply install the new JazzCash app and enjoy seamless payments, transfer money to anyone anywhere, pay utility bills, top up your mobile balance, sign up for mobile plans and more. again.

About Mobilink Microfinance Bank (MMBL)

MMBL is Pakistan’s largest digital bank with over 38 million registered users, including 15.5 million active digital wallets. MMBL is a leading player in small and medium business lending and currently operates through over 100 branches. The Bank has also obtained a “Positive Outlook” from the Pakistan Credit Rating Agency (PACRA). To learn more about MMBL, visit www.mobilinkbank.com

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