The i8 Global, Inov8 Limited's parent company and the region's leading mobile payments company has announced the addition of two new members to its newly formed Advisory Board - Yaseen Anwar, who previously served as the governor of the State Bank of Pakistan, and a retired army service man, Sabahat Husain, former chairman of the Pakistan Ordinance Factories.
"Both bring valuable experience to the i8 Global as it sets out to expand its business in Pakistan and globally," company spokesman said. Yaseen Anwar, a graduate of the Wharton School at the University of Pennsylvania, served as governor of the State Bank of Pakistan till January 2014. He is the Senior Advisor to the Industrial and Commercial Bank of China in Singapore, the largest bank in the world, and also on the Advisory Board of the prestigious International Monetary Institute of the Renmin University in Beijing.
He has also served in other prestigious institutions such as the Financial Stability Board (FSB) of Bank for International Settlements, J.P. Morgan-Chase, Bank of America and Merrill Lynch. As the bank governor, his vision of implementing branchless banking and other financial inclusion policies helped create the market in which Inov8 is offering services today.
Sabahat Husain had a distinguished career in the army, where amongst many prestigious positions; he has commanded a corps and served as the chairman of the Pakistan Ordinance Factories, one of the largest industrial complexes in the country. He is a member of the Advisory Committee of Ministry of Planning, Development and Reforms of Government of Pakistan and also member of Reforms Commission of KP, Fata.
He is serving as the Chairman of GS Global Pvt Ltd and is also a member of a global organisation called ACMP Global (Association of Change Management Professionals). General Sabahat also provides his expertise to a think tank working for global and regional peace. He said, "Inov8, where imagination is limitless, is a trend-setter in undertaking challenging projects. Recent disbursement of funds to IDP's of Fata and KP is a case in point, where large scale transactions were made in a time constrained environment. With a dynamic and enterprising leadership and professionally strong team, the company is destined to go many miles."
He then welcomed the new advisory board members, Hasnain Sheikh, Co-CEO i8 Global and Inov8 Limited and said, "We have had a good run over the last three years in which we have gained a strong market share in Pakistan and had a great funding round and valuation of over US 100 million dollars. With the guidance of the new board of advisors, we seek to ensure that we make larger strides in the region."
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