Chief Executive Officer, Raast Payments Pakistan, Karachi

State Bank of Pakistan; Karachi Division; On-site; PKR 20,000,000 - 30,000,000; Full time

Job summary

Raast Payments Pakistan Pvt. Ltd. (RPP), a subsidiary of the State Bank of Pakistan, seeks a visionary CEO to lead Pakistan’s flagship digital payments infrastructure.

The CEO will provide strategic direction, oversee operations, and drive innovation to scale adoption and financial inclusion. The role requires proven leadership to engage regulators and key stakeholders, shape product strategy, and ensure security, scalability, and sustainability across the Raast ecosystem for individuals,

Qualifications

• Master's degree or equivalent in Business Administration, Economics, Finance, Computer Science, or a related discipline.
• Role requires strategic leadership and experience in digital payments ecosystems.

Responsibilities

• Develop and implement a comprehensive digital strategy for Raast aimed at scaling the adoption of digital payments by individuals, financial institutions, fintechs, government entities, and other players.
• Provide strategic leadership to achieve the organization’s mission of delivering accessible and secure digital payment solutions.
• Engage with Raast’s Board, SBP, and regulators on matters related to Raast operations.
• 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 strategies on Raast that promote 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 initiatives related to emerging technologies such as artificial intelligence, machine learning, and blockchain in the context of Raast.
• Represent the organization with integrity and vision to external stakeholders, media, and at industry forums.

Skills

Strategic leadership

Stakeholder engagement

Digital payments

Innovation

Education

Master's degree

Job description

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 RPP’s Board, SBP, and other relevant regulators on matters related to RPP operations.
• 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 strategies on Raast that promote 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 initiatives related to emerging technologies such as artificial intelligence, machine learning, and blockchain in the context of Raast.
• Represent the organization with integrity and vision to external stakeholders, media, and at industry forums.

Eligibility Criteria

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

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.

Application Procedure

Interested candidates meeting the above-stated eligibility criteria may submit their applications online on https://career.sbp.org.pk/login . Last date of application submission is August 10, 2025. Applications, which are not in accordance with defined requirements in the advertisement, will not be entertained. Only shortlisted candidates will be contacted.

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.