Speakers at the Seminar on Emerging Digital Ecosystem – Prospects and Challenges, organized by Dellsons in association with JS Bank, have emphasized for the collective efforts to promote the digital Ecosystem in Pakistan by adopting the collaboration mindset.

Seminar featured some of the most insightful speakers from across Pakistan, Europe and the Africa. The seminar was attended by over 50 delegates including CEOs and executives of JS Bank and Group Companies

Syed Irfan Ali, Executive Director Banking Policy and Regulation Group, State Bank during his keynote as the guest of honor said that for the overall digital ecosystem development in Pakistan, a consultative and collaborative approach is required among different stakeholders.

He said that in line with the government’s vision for digital financial inclusion in the country, SBP is serving more as an enabler helping financial institutions transform themselves into digital service providers and creating awareness among the masses to fully capitalize this opportunity for the betterment for all.

Partnerships between banks and financial technologies firms or FinTechs and starts-ups are needed to succeed in this competitive banking landscape of the future. He also shared with the audience that currently SBP is working on the regulation framework for introducing Digital Bank Category in Pakistan which will be aligned with today’s customers’ expectations.

Ali J. Siddiqui, Chairman JS Bank in his keynote said that there are various opportunities for the digital ecosystem in the country. He said that the payment system in the Pakistan is going to digitalize and Fintech companies are gaining space in those areas where banks have not invested or peoples are unbanked.

He went on to emphasize the importance of adoption and change, he highlighted that financial services industry is at the cusp of a digital revolution and incumbents financial institutes will not get a second chance if they do not act fast to transform themselves.

The emergence of the digital forces – Social, Mobile, Analytics, Cloud and the Internet of Things (IoT) – are creating new and valuable avenues and the means to do the cost effective business. The task at hand is certainly not easy. The digital shift is also a cultural shift, with new skills required to meet new “digitally aware” customers, he concluded.

Addressing the seminar, Nadeem Shaikh, Fintech Titan and Founder and CEO of Anthemis Group, an investment and advisory firm focused on digitally native financial services, delivered the international keynote on “Impact of Fintech’ s on Financial services industry”.

Nadeem said that there is a need that banks and financial institutions should prepare for the upcoming challenges of fast growing Fintech industry, he highlighted that incumbents banks needs to redefine their customer and more specifically the competition landscape, he observed that banks are not competing against their pair banks only the biggest threat will come from Fintech and tech giants.

He shared valuable insights about how the Fintech and Startups are reinventing the cost models based on emerging technology and Data, he observed that Fintech companies are looking to be platform companies rather than developing services and products.

Njuguna Ndung’u, Ex-Governor Central Bank of Kenya, in his keynote shared insightful perspective on the success of M-Pesa and the Impact on the Kenyan Economy and People, He went on to explain the M-Pesa methodology and Execution Strategy.

He emphasized that mobile financial services are now proven models, which can have a positive impact on the financial inclusion and need to be adopted in the emerging markets.

The basic aim of the seminar was to bring all the senior management of JS Bank and Group companies on one platform to make collective efforts for promotion of digital banking and highlight the importance of Digital Technologies in today’s digital world.

A group photo (right to left) of Ali J. Siddiqui (Chairman, JS Bank), Syed Irfan Ali (Executive Director Banking Policy & Regulation Department, State Bank of Pakistan), Njuguna Ndung’u, (Economist & Former Governor, Central Bank of Kenya), Nadeem Shaikh (Founder & CEO, Anthemis) & Khalid Imran (President, JS Bank) at the Emerging Digital Ecosystem- Prospects & Challenges seminar.

Ali Raza Siddiqui, Vice Chairman Mahvash & Jahangir Siddiqui Foundation (MJSF) received an award from Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, UAE for his remarkable contribution to Philanthropy at the annual award function organized by People’s Organization at a local hotel in Dubai.

He was recognized for his contribution in enhancing the dignity and quality of life of individuals, families and communities through his philanthropic initiatives in the areas of education, disaster relief, healthcare and social enterprise.

Commenting on the occasion, Ali Raza Siddiqui said, “It is indeed a very big honor for all of us at MJSF to get this award and being recognized for our efforts”

Founded in 1970, JS Group is an international investment and industrial conglomerate. It conducts Corporate Social Responsibility through a series of independent charitable foundations led by the Mahvash & Jahangir Siddiqui Foundation. MJSF was founded to tackle and challenge the issues of poverty through sustainable development in the areas of education, disaster relief, healthcare and social enterprise. Through these and other initiatives, MJSF aims to provide opportunities and provide support to empower disadvantaged members of the society.

People’s organization is a social organization compromising of Pakistani diaspora in the UAE. The aims and objectives of this organization are to support the Pakistani community through the promotion of entrepreneurship and other activities.

Ali Raza Siddiqui, Vice Chairman Mahvash & Jahangir Siddiqui Foundation receiving an award for his philanthropic initiatives from Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, UAE at an award ceremony organized by People’s Organization in Dubai.

Future Trust and USAID have signed a memorandum of understanding to address development challenges in Pakistan. Both partners seek to provide collective opportunities and support to people of Pakistan through their ongoing and upcoming projects on science, technology and innovation for promoting youth employment and entrepreneurship. Furthermore, the partnership intends to foster linkages with US institutions for innovation & technology transfers.

Speaking at the occasion, Ali Raza Siddiqui, Chairman Future Trust, said “Our partnership with USAID will provide a great opportunity to the youth of Pakistan in acquiring progressive education and career guidance”

John Groarke, Mission Director USAID Pakistan, said “Through this partnership, both the partners are coming together with the shared goal of empowering Pakistan by promoting technology and innovation for advancing employment and entrepreneurship for the youth of Pakistan.”

USAID is an independent Federal government agency that receives overall foreign policy guidance from the Secretary of State. Their mission in Pakistan is focusing on energy, economic growth including agriculture, resilience and education and health sectors.

Future Trust is a non-profit benevolent philanthropic organization, a charitable trust, set up by JS Group for the promotion, advancement and encouragement of technology and innovation against poverty and general improvement of socio economic conditions and living standards of the people of Pakistan. It supports youth in acquiring progressive education, vocational and career guidance and entrepreneurship. JS Group is one of Pakistan’s largest and most prominent business entities.

Ali Raza Siddiqui, Chairman Future Trust and John Groarke, Mission Director USAID at the MOU signing ceremony to jointly address development challenges in Pakistan.

JS Bank became the first commercial bank in Pakistan to be certified by the World Wide Fund for Nature (WWF Pakistan) for their Green Office Initiative. The aim of this Initiative is to reduce greenhouse gas emissions and to decrease the ecological footprint at the workplace through various initiatives such as reducing electricity consumption and paper waste.

As a part of the certification process, WWF undertook a comprehensive audit using stringent guidelines to check all the processes and procedures adopted by JS Bank for energy conversation & waste management at its head office. The Bank successfully met all the requirements set by WWF and was then declared as being Green Office certified.

JS Bank has always strived to benefit the country and its citizens through various green initiatives leading to an environmentally sustainable planet from converting more than 100 of its branches to solar energy to supporting tree plantations. This and many more environmental and social activities are done along with many other philanthropic activities through its charitable arm, Mahvash & Jahangir Siddiqui Foundation (MJSF).

JS Bank is one of the fastest growing banks in Pakistan, with 307 branches in 152 cities including one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit www.jsbl.com

Karachi 14th January 2017: JS Bank, one of the fastest growing banks of Pakistan, has successfully marked its 10th year anniversary under the leadership of its highly experienced management team.

Hosted by Sidra Iqbal a discussion was held with Ali J. Siddiqui, Chairman of JS Bank at the Jahangir Siddiqui auditorium at the Institute of Business Administration in Karachi and was attended by the management and the employees. Ali spoke about the progress of the bank over the last 10 years and JS Banks vision for the future.

He reflected on the challenges of the financial industry of Pakistan and what he has envisioned for JS Bank in the future. Moreover he conveyed his personal outlook and experiences as a young experienced corporate leader in the financial sector.

Speaking on the occasion, Ali said “I would like to congratulate all the stake holders of JS Bank especially the leadership team and staff for achieving this milestone through their consistent efforts to deliver value for our clients.

“We have an exceptional team and our success is a testament to the high standard of services we provide to our clients”. He further added that “JS Bank will continue to enhance its services to best serve its clients along with building its international presence. Through the years, we’ve grown steadily to help meet our customers’ changing financial needs but we haven’t lost the personal touch that is at the heart of personalized banking.”

Being the CEO of Mahvash & Jahangir Siddiqui Foundation (MJSF), a charitable foundation of the JS Group he also spoke about the numerous philanthropic initiatives taken by JS Bank in partnership with the Foundation. MJSF primarily focuses on healthcare, education, social enterprise and humanitarian relief. Through these and other initiatives, MJSF has provided opportunities to empower disadvantaged members of society.

JS Bank currently operates 307 branches in 152 cities with one overseas branch in Bahrain and offers a diverse range of financial services. Its long-term rating is ‘AA- (Double A Minus) and short-term entity rating is ‘A1+’ (A One Plus). Based on the last three years the Compound Annualized Growth Rate (CAGR) of JS Bank deposits is 41% whereas the banking industry CAGR is 14%. This shows the trust of the depositors on the policies and future of the JS Bank as its deposit base is over Rs 200 billion.

JS Bank is part of the JS Group, one of Pakistan’s most diversified and progressive financial services groups controlling and operating market-leading financial services companies in Pakistan across various sectors including commercial banking, asset management and securities brokerage. For additional information: please visit www.jsbl.com

JS Group recently inaugurated 3rd art reel as a part of the ‘REEL ON HAI’ being a lead sponsor for Karachi biennale 2017, an initiative to help connect contemporary art to the city and its people. Before that two were already been inaugurated by JS that took place at Safari Park. The Reel on Hai art project transforms a hundred cable reels into works of art by local and International artist, designers and architects and will be placed all over the city of Karachi.

The installation of this reel took place at KMC Sports Complex displaying the work of Javeria Arshad who is a Karachi based visual artist, her concept revolved around Abdul Sattar Edhi and his undying devotion to serve humanity. The reel was inaugurated by Mr Kalim ur Rahman Advisor to the CEO Mahvash and Jahangir Foundation (MJSF) which is the charitable arm of JS Group. MJSF focuses its extensive charitable efforts in areas including health, education, social enterprise and disaster relief. Mr. Kalim expressed his enthusiasm that it’s our Corporate Social Responsibility’s feature to contribute in such activities that are a step towards the betterment of the society.

JS Group being a lead sponsor for Karachi biennale 2017, recently inaugurated two art reels as part of the ‘REEL ON HAI’ initiative to help connect contemporary art to the city and its people. The Reel on Hai art project transforms a hundred cable reels into works of art by local and International artist, designers and architects and will be placed all over the city of Karachi.

The installation of two of these reels took place at Safari Park Karachi and more similar initiatives shall continue throughout the year. The works of artist Sana Burney and Bina Ali are on display and these reels were inaugurated by Mr. Muhammad Ali Charanya, Chief Operating Officer Mahvash and Jahangir Foundation (MJSF) which is the charitable arm of JS Group. MJSF focuses its extensive charitable efforts in areas including health, education, social enterprise and disaster relief. Mr.Charanaya expressed his enthusiasm for projects like these to help involve under privileged communities with artistry and public engagement.

Founded in 1970, JS Group is an international investment and industrial conglomerate.In over four decades since inception, JS Group has cemented its position as one of Pakistan’s most diversified and progressive financial services groups, operating market-leading companies in commercial banking, securities brokerage, investment banking and asset management.

Mr. Muhammad Ali Charanya, COO Mahvash & Jahangir Siddiqui Foundation along with senior members of Karachi Biennale 2017 for the reels inauguration at Safari Park Karachi.

JS Group is pleased to be the lead sponsor of the first Karachi Biennale 2017. Karachi Biennale 2017 (KB) will be the city’s largest, most exciting and inclusive yearlong art event with the aim to connect art, the city of Karachi and its people. Its primary objective is to showcase the Art from Pakistan, the region and the rest of the world in exhibitions to a wider audience, which will include art enthusiasts from the country and overseas. JS Group is committed to expanding the audience to ‘the man on the street’, for which an extensive public outreach program has been undertaken.

A prestigious award “Mahvash and Jahangir Siddiqui Foundation Karachi Biennale Jury Prize” for Karachi Biennale 2017 and for Karachi Biennale 2019 will also be awarded to one of the artists at each Biennale for the most outstanding work presented in the Biennale. The prize will be selected by an independent jury of eminent local and international art professionals. An event introducing the theme, objectives and program of the upcoming Biennale took place at Frere Hall recently. Mrs. Mahvash Siddiqui being the Patron in Chief of Karachi Biennale and Chairperson of the Mahvash & Jahangir Siddiqui Foundation was given a vote of thanks for all her support to help bridge the gap between residents of Karachi and some of the best that Pakistan and the International community have to offer in the form of Art.

JS Group conducts its Corporate Social Responsibility through a series of independent charitable foundations led by the Mahvash & Jahangir Siddiqui Foundation (MJSF). MJSF was founded to tackle and challenge the issues of poverty through sustainable development in the areas of Education, Disaster Relief, Healthcare and Social Enterprise. Through these and other initiatives, MJSF aims to provide opportunities and provide support to empower disadvantaged members of society.

Regular projects are planned to penetrate local communities and public spaces until October 2017 and KB plans to reach 20 % of this city’s population. KB is particularly keen to focus on youth so their minds can be opened to a world of new possibilities as diverse activities have been planned to stimulate students and young professionals with exposure to innovation, new visual knowledge, hands-on training and cultural links to the context with its projects. “Biennial” is any event that happens every two years and is most commonly used within the art world to describe large-scale international contemporary art exhibitions. The term was popularized by Venice Biennale, which was first held in 1895.

Founded in 1970, JS Group is an international investment and industrial conglomerate.In over four decades since inception, JS Group has cemented its position as one of Pakistan’s most diversified and progressive financial services groups, operating market-leading companies in commercial banking, securities brokerage, investment banking and asset management.

JS Group sponsors first Karachi Biennale 2017 to connect art, the city of Karachi and its people.

JS Bank signs up as the franchise’s “Official Partner” for the second season of the PSL

Regarding the partnership, JS Bank Marketing Head Imran Shaikh stated “It’s a pleasure to partner with an organization like Islamabad United who share our vision for a better Pakistan and they have done a remarkable job, especially after having won the last Pakistan Super League in attracting others to this wonderful sport. Cricket has always been very close to JS Bank as we have been promoting cricket in the country since 2011. JS Bank has initiated various tournaments like JS Bank Women’s T20, JS Bank Chairman’s Cricket Tournament and also supported the promotion of wheelchair cricket to provide opportunities for Pakistan’s youth to showcase their talent and skills at the highest level”

Islamabad United owner Ali Naqvi added, “We are delighted to partner with one of Pakistan’s leading banks. Not only does JS Bank share our philosophy of bringing international standards and practices to Pakistan, but their work in CSR is something that correlates with our vision. Through their various initiatives they have aimed to build an educated, healthy and prosperous Pakistan with dignity and honour for all, by providing healthcare, education and promoting economic and social development of underprivileged members of our society. Both our organizations have similar viewpoints towards the supremacy of quality, and thus we do believe that this is the ideal partnership for us.”

The partners have expressed interest and intend to collaborate on various initiatives post the PSL as well, both on and off the field.

Press Release by PSL:  Islamabad-united-press-release

JS Bank will be a main partner for Islamabad United for PSL 2

Lahore, 25 January 2017 – Islamabad United, the winners of the inaugural HBL PSL, is proud to announce its partnership with JS Bank as the principal sponsor of the franchise for the second season of the Pakistan Super League. The bank signs up as the franchise’s “Official Partner” for the second season of the PSL.

JS Bank is part of the JS Group, one of Pakistan’s most diversified and progressive financial services groups controlling and operating market-leading financial services companies in Pakistan across various sectors including commercial banking, asset management and securities brokerage. JS Bank currently operates 307 branches in 152 cities with one overseas branch in Bahrain and offers a diverse range of financial services.

Regarding the partnership, JS Bank Marketing Head Imran Shaikh stated “It’s a pleasure to partner with an organization like Islamabad United who shares our vision for a better Pakistan and they have done a remarkable job, especially after having won the last Pakistan Super League in attracting others to this wonderful sport. Cricket has always been very close to JS Bank as we have been promoting cricket in the country since 2011. JS Bank has initiated various tournaments like JS Bank Women’s T20, JS Bank Chairman’s Cricket Tournament and also supported the promotion of wheelchair cricket to provide opportunities for Pakistan’s youth to showcase their talent and skills at the highest level”

Islamabad United owner Ali Naqvi added, “We are delighted to partner with one of Pakistan’s leading banks. Not only does JS Bank share our philosophy of bringing international standards and practices to Pakistan, but their work in CSR is something that correlates with our vision. Through their various initiatives they have aimed to build an educated, healthy and prosperous Pakistan with dignity and honour for all, by providing healthcare, education and promoting economic and social development of underprivileged members of our society. Both our organizations have similar viewpoints towards the supremacy of quality, and thus we do believe that this is the ideal partnership for us.”

The partners have expressed interest and intend to collaborate on various initiatives post the PSL as well, both on and off the field.

Islamabad United is one of the five franchise teams in the Pakistan Super League (PSL) and is the winner of the first season of the PSL. The franchise believes in brining change to Pakistani sports with the introduction of international standards of practice and a commitment to continuous progress.

Leonine Global Sports(LGS) is the proud owner of Islamabad United, the FIRST CHAMPIONS of the Pakistan Super League. Part of the Leonine Global group, Leonine Global Sports is focussed on enabling sports and creating franchises with a mission to provide: 1) A truly global experience on sports entertainment; 2) A fan base which is loyal, aware and supportive of the sport and the franchise; 3) An aspirational beacon for up and coming players to strive for excellence in cricket for Pakistan in particular and for the world at large; 4)An eco-system for the promotion of sports through close partnerships with the respective sports boards; 5)A truly professionally-run organization with exceptional standards of corporate governance and international best practices; 6) Promotion of Pakistan through sports and involvement of internationally known figures into Pakistan; 7)A responsible member on CSR.

Further information is available at:

www.IslamabadUnited.com;

www.facebook.com/IsbUnitedPSL

www.facebook.com/LeonineGlobal