With 27+ years across banking, insurance, Manufacturing and technology, Ashfaque Ahmed is redefining what digital-first Islamic banking can look like in Pakistan.
As Chief Officer of aik, BankIslami’s AI-enabled, cloud-native banking platform, he took the product from launch to market leadership in under a year — outpacing competitor timelines and building the fastest-growing merchant network in the space.
His playbook: seamless customer onboarding, diversified use-cases for real financial needs, and standout features like aik deen (faith-based engagement), aikpay (dynamic QR-code payments), and aik Connect (unified ecosystem connectivity), shariah compliant Open banking Platform, DQRC for ecommerce players including Shopify.
Before aik, he was CIO at BankIslami, strengthening the bank’s digital backbone, and earlier at EFU Life, he built Pakistan’s first RPA implementation in insurance and delivered ISO 27001/38500-certified.
As a Board member of leading organizations, Ashfaque brings a rare combination of deep technology expertise and strong financial governance —helping shape the future of trusted, inclusive, and innovative digital finance.
