Chief Executive Officer, Raast Payments Pakistan, Karachi

sbp.org.pk; Karachi Division; On-site; PKR 40,000,000 - 80,000,000; Full time

Job summary

Raast Payments Pakistan Pvt. Ltd., a SBP subsidiary, seeks a visionary CEO to lead the country’s flagship digital payments platform from Karachi.

The role demands strategic leadership to accelerate growth, build ecosystem partnerships, and advance financial inclusion with secure, scalable solutions. The CEO will engage with SBP, regulators, and international partners, drive product strategy and innovation across real-time payments, interoperability, and G2P disbursements, and ensure regulatory

Qualifications

• Proven track record in senior executive roles within financial services, fintech, or payments.
• Experience leading national-scale digital payment platforms.
• Strong understanding of policy, regulatory alignment and public-private partnerships.
• Demonstrated ability to drive innovation and scale operations.

Responsibilities

• Provide strategic leadership and oversee the digital payments platform’s growth.
• Engage with SBP regulators and key stakeholders to ensure compliance.
• Lead product and service expansion for individuals, businesses, and government.
• Ensure system security, scalability, and performance of Raast.

Skills

Strategic leadership

Digital payments

Stakeholder engagement

Regulatory liaison

Financial services

Education

Master's degree in Business Administration, Economics, Finance, Computer Science, or related discipline

Job description

StateBank of Pakistan
Excellent Career Opportunities

Chief Executive Officer, Raast Payments Pakistan, Karachi

Raast Payments Pakistan Pvt. Ltd. (RPP), a wholly owned subsidiary of the State Bank of Pakistan (SBP) is seeking a visionary Chief Executive Officer (CEO) to spearhead the country’s flagship digital payments infrastructure.

We are looking for a mission-driven, forward-thinking individual to drive innovation, build ecosystem partnerships, and increase financial inclusion while ensuring scalability, security, and sustainability of the platform.

Role Summary

The CEO will be responsible for providing overall strategic leadership, overseeing operational management, fostering stakeholder engagement, and driving innovation in the delivery of digital payment services. The successful candidate will spearhead the company's growth into a robust, scalable, and user-centric digital payments infrastructure that empowers individuals, businesses, and governments across Pakistan.

Key Responsibilities

• Develop and implement a comprehensive digital strategy for RPP aimed at scaling the adoption of digital payments by individuals, financial institutions, fintech companies, government entities and other players supporting Pakistan’s transition toward a cashless economy.
• Provide strategic leadership to achieve the organization’s mission of delivering accessible and secure digital payment solutions.
• Engage with the RPP’s Board, SBP and other relevant regulators regarding various matters related to operations of RPP.
• Drive the development of new products and services to expand Raast’s offerings for individuals, businesses, and government entities.
• Engage directly with senior government stakeholders to digitize payments and receipts across ministries, agencies, and public sector entities through Raast.
• Drive continuous improvement in digital financial services, including real-time payments, Raast integrations, and government-to-person (G2P) disbursement initiatives.
• Coordinate with relevant stakeholders to develop and execute a strategy on Raast for promoting a cashless economy.
• Oversee operational performance, ensuring system stability, scalability, security, and compliance with regulatory frameworks and international best practices
• Foster a culture of innovation and excellence that accelerates digital transformation and customer-centric service delivery.
• Undertake activities related to emerging technologies such as AI, machine learning, and blockchain with respect to Raast.
• Represent the organization with integrity and vision to external stakeholders, media, and at industry forums.
  

Education

Master's degree or equivalent in Business Administration, Economics, Finance, Computer Science, or a related discipline.

Age

Must be between 40 to 55 years of age at the time of advertisement. Candidates with a PhD or exceptional domain-specific experience may be considered for age relaxation.

Experience

Candidates having a minimum of 20 years of progressive professional experience, with at least 5 years in a senior executive or leadership capacity within financial services, digital payments, or fintech sectors.

Candidates with exceptional leadership experience in payments, fintech, technology, or digital financial services will be considered. Proven ability to lead large-scale platforms, drive innovation, and engage with regulators, industry stakeholders, and international partners is essential

The position also requires experience working with regulators, financial institutions, technology providers, and other stakeholders to support the adoption and integration of digital payment solutions. Demonstrated ability to engage in public-private collaboration and a sound understanding of policy and regulatory alignment in digital finance are required.

Proven expertise in developing, managing, or scaling national-level payment systems or digital financial platforms.

Strong grasp of digital payments ecosystems, including security protocols, interoperability frameworks, and financial inclusion strategies.

Demonstrated commitment to public-private collaboration and deep understanding of policy and regulatory alignment in digital finance.

Compensation

Competitive market based compensation package backed by attractive salary and well-rounded benefits structure as per Organization's rules.

Term of Appointment

The initial appointment will be for a term of three (3) years, renewable subject to satisfactory performance and mutual agreement. The appointment may, however, be terminated earlier in accordance with the terms and conditions of the employment contract.

We are an Equal Opportunity Employer. Females, candidates from minorities, transgender persons and persons with disability are encouraged to apply.

Any candidate who misinforms, attempts to influence the recruitment process in any manner, tries to obtain support for his/her candidature by inappropriate means or tampers with evidence of his/her age, educational and other certificates, shall be disqualified from the current and any future recruitment process at the Bank; even if the candidate is otherwise eligible.