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.

 Eligibility Criteria:

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.

 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.