June 9th, 2020

Abdul Qadir Sultan, who joins the executive leadership team at SadaPay, will oversee the compliance & risk management functions.

SadaPay is proud to announce the joining of Abdul Qadir Sultan as its Chief Compliance and Risk Officer; a crucial addition to the C-suite as SadaPay edges closer to its commercial launch. The appointment is a testament to SadaPay’s strong emphasis on enlisting top-tier talent to help in achieving its mission to bring modern financial services to the masses. Abdul joins the fintech with more than 15 years of experience in the financial services sector in multiple compliance and governance roles.

In his previous role, Abdul was spearheading the Digital Compliance and Risk Governance functions at Bank Alfalah, one of the largest commercial banks of Pakistan. During his tenure at Bank Alfalah, he was part of the Digital Banking team responsible for executing the Bank’s vision for increased digital penetration and financial inclusion. He developed a comprehensive digital compliance framework for the bank that oversaw effective coverage and mitigation of potential risks and exposure. Prior to Bank Alfalah, he was Head of Branchless Banking Audit team with Telenor Microfinance Bank, better known as the financial institution behind Easypaisa.

“I understand SadaPay’s vision and the fintech ecosystem intimately and I’m delighted to be joining a movement that is reimagining banking for the better. There has never been a more important time to push for the digitization of our economy; I see opportunities to add value from day one and I’m thrilled to be contributing to the financial inclusion cause in Pakistan”.

– Abdul Qadir, Chief Compliance & Risk Officer

As SadaPay commences its journey to provide delightful & cutting-edge financial experiences , the compliance and risk function will play a key role in steering the company forward with caution and control. The newly provisioned electronic money space moves very quickly and Abdul’s immediate focus at SadaPay will be to build a rigorous control and compliance infrastructure as a line of defense for its innovative products in a versatile environment.

Abdul brings a mix of compliance discipline, risk analysis & banking knowledge along with a hands-on leadership approach to SadaPay. We are delighted to have him join our team during this transformative time in financial services

– Dr. Waqar Masood Khan, Chairman of the Board

The breadth and complexity of the compliance and risk functions – in an organization pushing the boundaries of financial service innovation – requires a highly thoughtful and disciplined approach. Abdul Qadir’s strategic thinking and deep knowledge of regulatory and compliance frameworks solidify his ability to lead SadaPay as we challenge the status quo

– Brandon Timinsky, Founder & CEO

About SadaPay 

SadaPay is a digital wallet in Pakistan paired with a MasterCard debit card. By removing the high costs of managing the physical infrastructure of traditional banks from the equation, we can pass those savings onto the customer to provide free financial services. Our mission is to eliminate the complexity of banking and make money management so simple that any other way would become unthinkable

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SadaPay is registered in Pakistan as SadaTech Pakistan Pvt Ltd with the Securities and Exchange Commission of Pakistan (No. 0136598), and is a wholly owned subsidiary of SadaPay Technologies Ltd., registered in Dubai International Financial Center under commercial fintech license #3263

SadaPay Mastercard debit cards issued pursuant to a license by Mastercard Asia/Pacific Pte. Ltd.

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