Jazz announces the appointment of Farrukh Khan, CEO & Managing Director of the Pakistan Stock Exchange (PSX), as its new Chief Financial Officer (CFO) and CEO of Micro-Finance Holdings (MFH), effective September 15th, 2024. Farrukh will also join the board of Mobilink Microfinance Bank.<\/p>\n
G\u00e1bor Kocsis, the outgoing CFO, will remain with Jazz until the end of the year, focusing on strategic projects to facilitate a smooth transition and maintain momentum in ongoing initiatives.<\/p>\n
Farrukh Khan brings over 30 years of leadership experience in major financial institutions, including roles as CEO of Acumen Fund, co-founder and CEO of BMA Capital Management, and CFO at American Express. His expertise in mergers and public offerings will enhance Jazz’s financial strategy and innovation.<\/p>\n
Aamir Ibrahim, CEO of Jazz & Chairman MMBL, commented, \u201cWe are thrilled to welcome Farrukh Khan to our leadership team. His rich expertise and leadership in capital markets are crucial as we evolve into a ServiceCo.”<\/p>\n
This announcement comes as Jazz unveils its vision to transition from a Mobile Telco to a dynamic ServiceCo. Leveraging core strengths in data and connectivity, Jazz is poised to disrupt various sectors including financial services, software development, data centers & cloud solutions, and entertainment. With a projected compound annual growth rate of 20%+, Jazz aims to double its revenue by 2027, with significant contributions from its new ventures including fintech platform JazzCash, clould offering Garaj, and the digital streaming service Tamasha.<\/p>\n
Farrukh Khan shared his enthusiasm about his new role, stating, “I’m excited to join Jazz during such a transformative time. The team has built outstanding businesses, and I’m eager to help drive the company’s ambitious vision to evolve into a ServiceCo. I look forward to driving financial innovation and supporting the company\u2019s expansion into new sectors.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Jazz announces the appointment of Farrukh Khan, CEO & Managing Director of the Pakistan Stock Exchange (PSX), as its new Chief Financial Officer (CFO) and CEO of Micro-Finance Holdings (MFH), … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":1028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[108],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/1027"}],"collection":[{"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/comments?post=1027"}],"version-history":[{"count":1,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/1027\/revisions"}],"predecessor-version":[{"id":1029,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/posts\/1027\/revisions\/1029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/media\/1028"}],"wp:attachment":[{"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/media?parent=1027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/categories?post=1027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wattech.com.pk\/index.php\/wp-json\/wp\/v2\/tags?post=1027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}