CEO Telenor Microfinance Bank (Easypaisa) Steps Down to Pursue Opportunity Abroad

The Chief Executive Officer (CEO) of Telenor Microfinance Bank Limited (Easypaisa) M. Mudassar Aqil has resigned from his position to pursue a new opportunity overseas, official sources told ProPakistani.

With the departure of Aqil from the top role, the future plan of action of Telenor Microfinance Bank and Easypaisa comes into focus.

To maintain the bank’s growth trajectory and position as a leading player in Pakistan’s financial technology sector, the bank’s leadership will need to navigate this leadership transition and ensure a smooth transition.

Aqil’s departure raises concerns about Telenor Microfinance Bank and its renowned mobile financial services platform Easypaisa.

While Pakistan struggles to match the global pace in its pursuit of digital transformation, Telenor Microfinance Bank and Easypaisa should adjust to this change while working to offer high-end financial services to their customers.

Telenor Microfinance Bank/Easypaisa has claimed to reduce its losses by more than 90 percent in the first quarter of 2023, from Rs. 2.185 billion in the same period last year to Rs. 185 million.

The bank also experienced remarkable revenue growth, with earnings reaching Rs. 1.25 billion, a 353 percent increase from January to March 2023.

The bank attributed its success to factors such as equity investment and significant revenue growth in branchless banking.

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    • Easypaisa service is best among available options in Pakistan.. what are u talking about

  • Mera comment kiun delete kia Amir? Patriotic to saare bante han laikin jisse moka mile woh Pakistan se bhaagne ki karta ha. Kiun amir? Jis din tumhen moqa mila tum ne peeche mor kar ke bhi nahi dekhna aor bhaagne ki karna ha.

  • Easypaisa application going to werse day by day their are so many technical issues I have been facing. I would like to return my payable loan amount but when I tried the notice showing we are regret sorry try it later ones when I paid the loan the amount deducted twice and this another technical issue so I’m dejectd and facing the problem it’s totally hopeless 😞

  • Mene jaazcash par 10000 hazar bhiji the 4apel ko bhiji the wo mere account number me se send ho gi leken waha nhi puhchi as no se bhiji the 03462006462 or I’d 21065873518 mojh wo pese waps chahie easypaisa account number me se send ho gi leken waha nhi puhchi

  • I request for my eNOC of my account no 03462788590 last 07 Jun 2023, many time call on 3737& 042111 003 737, 021 111 826 337 please, please, please issue my e NOC

    • Sir No any one microfinance Bank (Telenor Branch) held in KPK
      my complain no. 6119399 jo 7 Jun 2023 ko darj karie thi, 15 Jun 2023 ka time diya thi ab tak eNOC nahen milee. please any senior office of Bank of Telenor help about, thanks

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