Adnan Ali has over 18 years of diversified experience in leveraging innovation and technology within the banking and financial sector. He is an ambitious and results-oriented professional with a demonstrated record of success in strategy making, execution, and ramp-up. His career highlights include launching Pakistan’s first co-branded loyalty card with the largest retail shopping mall, envisioning the first real-time mutual funds redemption Visa debit card in Pakistan, and launching the first SMS banking services in the country. He has also worked closely with the government of Pakistan, regulators, and global banking entities to conceive the G2P program and set a roadmap for the digital journey of commercial banks in Pakistan.
At PayFast, Adnan is the visionary and architect behind a robust and diverse payment acceptance solution that is PCI-DSS certified. Under his leadership, PayFast synergized with UnionPay International to ignite a mobile payments revolution akin to China. His efforts have led PayFast to become the first financial technology company to achieve commercial approval for PSO/PSP for payment gateway services from the State Bank of Pakistan. Additionally, Adnan successfully launched Raast P2M as MSP, making PayFast the first payment gateway to implement Raast.
Adnan also leads the “Knowledge Management Group” of the Pakistan Fintech Association, working tirelessly to accelerate the Pakistani digital payments industry. His ultimate vision is to digitize Pakistan, fostering a cashless economy that provides convenience and security through seamless digital payments.
In essence, Adnan Ali is not just a leader – he is a catalyst for change, inspiring the next wave of tech entrepreneurship in Pakistan through innovation, community engagement, and regulatory excellence. His journey exemplifies the transformative power of dedication, mentorship, and a relentless pursuit of excellence.