The Pak Oman Microfinance Bank’s Board of Directors has named Farooq Rashid as its new Chief Executive Officer (CEO).
Rashid has over 25 years of senior management experience, including a decade with AKBL, MMBL, and NRSP-MFBL, where he was responsible for strategy development and the promotion of digital financial services.
He has extensive experience in launching new businesses and has excelled in developing strategies and putting them into action, including Digital Financial Services, Process Re-Engineering, Project Management, and Consumer Banking.
Rashid holds a bachelor’s degree in business administration from Kennesaw State University and a master’s degree in business administration from Brenau University in the United States. In 1996, he began his career as a Management Trainee officer at Askari Commercial Bank Ltd., and while working for Mobilink Bank Ltd., he founded JazzCash. His most recent position was as the NRSP – MFBL’s Head of Digital Financial Services.