Mashreq Pakistan strengthens its operations with top leadership appointments.

Mashreq Pakistan, a part of Mashreq, the leading financial institution in the MENA region, has further solidified its commitment to Pakistan by announcing three key leadership appointments. Shamsulhaq Niaz has been appointed the Chief Digital Officer and Head of Payments, Khurram Mumtaz has been appointed Head of NEO, and Rabia Atlas will serve as Head of NEOPAY for the market.

These strategic appointments reflect Mashreq’s dedication to strengthening its presence in the Pakistani market and its focus on delivering innovative digital banking solutions to its customers.

Commenting on these strategic appointments, Muhammad Hamayun Sajjad, CEO of Mashreq Pakistan, said: “As a trusted international digital leader, Mashreq brings a rich legacy of innovation and a profound commitment to catalyse Pakistan’s future growth. We are here to empower Pakistan’s people through banking innovation, superior customer experience, and financial accessibility. Shamsulhaq, Khurram, and Rabia bring a deep understanding of the national market and a wealth of well-aligned experience to contribute to this strategic vision. Their leadership will provide a clear roadmap for the continued evolution of digital banking in the country and help us consolidate our position as a leading international digital innovator bank.”

Shamsulhaq Niaz, Chief Digital Officer and Head of Payments

In this pivotal role, Shamsulhaq will establish the bank’s Digital Payments and Channel verticals and drive product development across all business streams.

Shamsulhaq has over 16 years of experience in the Pakistan and UAE financial services landscape, focusing primarily on digital payments and product development. He rejoins Mashreq after previously managing the Bank’s acceptance portfolio and serving in a range of roles covering online payment gateways, card acceptance, loyalty programs, dynamic currency conversion, DLL/E-socket integration, and hospitality solutions. He holds an MBA from INSEAD in France and a BSc in Computer Sciences from Lahore University of Management Sciences.

Khurram Mumtaz, Head of NEO

Khurram has taken charge of driving the expansion of Mashreq NEO’s offerings into the market, a critical component in the brand’s strategic development and implementation of its digital agenda in the country.

Khurram is a seasoned consumer banking and digital transformation practitioner with 23 years of experience in financial services. He has held various national roles, spanning distribution, operational risk, products, asset lending, employee banking, strategy and transformation, data analytics, and digital banking. Khurram’s senior financial leadership experience includes 11 years at Standard Chartered in Pakistan, serving in various strategic and digital transformation positions, and nine years at Citibank. He holds an MBA in Finance from Washington International University.

Rabia Atlas, Head, NEOPAY

In this strategic role, Rabia will develop the framework for acquiring business in Pakistan and identify areas of business profitability and growth. She will also work to redesign the Bank’s merchant ecosystem by building value-added partnerships that enhance financial inclusion.

Rabia has worked in the banking and telecommunication sectors for 16 years. During this time, she has been responsible for developing and leading multiple digital payment products and applications. Before joining Mashreq, Rabia headed Digital Proximity and E-commerce Payments at Bank Alfalah. Previously, she was Assistant Director for the Retail Payments vertical at easypaisa. Rabia has an MBA from the Institute of Business Management in Pakistan and has completed the INSEAD Telenor Strategy Execution Online Programme.


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