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- Historic Leadership: Maya Inayat Ismail becomes the first woman to Chair an AKFED institution.
- Commitment to Inclusion: She has played a key role in microfinance since FMFB’s inception.
- Vision for Growth: She aims to expand financial access and empower underserved communities.
A New Era for HBL Microfinance Bank
HBL Microfinance Bank (HBL MfB) has ushered in a new chapter in its journey toward financial inclusion with the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors. Succeeding Rayomond H. Kotwal, she brings with her over 25 years of experience in the financial sector, an unwavering commitment to strategic growth, and a passion for empowering underserved communities in Pakistan.
A Legacy of Dedication
Maya Inayat Ismail’s association with HBL MfB dates back to its very roots. She was an integral part of the core strategic team that established FMFB, Pakistan’s first microfinance bank, translating His Highness the Aga Khan’s vision into reality by ensuring financial services reach the country’s most vulnerable communities. Her longstanding involvement with the bank since 2016, including her leadership as Chair of the FISC Committee, highlights her dedication to driving financial inclusion at every level.
Breaking Barriers in Leadership
Her appointment marks a significant milestone, as Maya Inayat Ismail becomes the first woman to Chair an Aga Khan Fund for Economic Development (AKFED) institution. This is a powerful testament to breaking barriers in leadership and fostering gender inclusivity in the financial sector. Sultan Ali Allana, Chairman of HBL, expressed confidence in her leadership, recognizing her expertise and commitment as vital to the bank’s ongoing mission.
A Tribute to Rayomond H. Kotwal
As she steps into her new role, Maya Inayat Ismail builds on the strong foundation laid by Rayomond H. Kotwal, the outgoing Chairman. Under his stewardship, HBL MfB made remarkable strides in advancing financial inclusion across Pakistan. Reflecting on his tenure, Kotwal expressed gratitude for the journey and optimism about the bank’s future under Maya’s leadership.
A Vision for Financial Inclusion
Speaking on her appointment, Maya Inayat Ismail shared her deep sense of pride and responsibility. “This is a full-circle moment for me,” she remarked, acknowledging her decades-long association with HBL MfB. She reaffirmed her commitment to expanding financial access, strengthening entrepreneurial foundations, and creating opportunities for millions of underserved Pakistanis.
HBL Microfinance Bank: Transforming Lives
Founded in 2002, HBL Microfinance Bank was the first private sector microfinance bank in Pakistan, growing from the Aga Khan Rural Support Programme (AKRSP). Today, it serves over 4 million customers with a widespread footprint of 225 locations and 133 ATMs across the country. The bank remains steadfast in its mission to combat poverty and uplift marginalized communities through innovative financial products and services.
The Road Ahead
With Maya Inayat Ismail at the helm, HBL Microfinance Bank is poised to redefine the landscape of financial inclusion. Her leadership promises innovation, growth, and a deep-rooted commitment to empowering individuals at the grassroots level. As she takes on this historic role, the future of microfinance in Pakistan looks brighter than ever.
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