BAJK Appoints Malik Muhammad Babar Ayyaz as President and CEO to Lead Next Growth Phase
The Bank of Azad Jammu and Kashmir names veteran banker Malik Muhammad Babar Ayyaz as its new President and CEO, aiming to accelerate digital transformation, SME banking and financial inclusion.
Malik Muhammad Babar Ayyaz assumes office as President and CEO of BAJK.
BAJK CEO Malik Muhammad Babar Ayyaz has officially assumed charge as President and Chief Executive Officer of the Bank of Azad Jammu and Kashmir (BAJK), bringing more than 27 years of banking experience to the state-owned financial institution.
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Mr Ayyaz takes over at a crucial stage in the bank’s development as BAJK pursues stronger financial performance, digital transformation and expanded banking services. His appointment also supports the bank’s long-term vision of enhancing financial inclusion and strengthening its presence in Pakistan’s banking sector.
More than 100 words into the article – BAJK CEO previously spent nearly 17 years at the Bank of Punjab (BOP), where he held several senior leadership positions. During his tenure, he played a key role in restructuring the bank’s Corporate and Investment Banking division and helped establish and expand its SME and Commercial Banking businesses, contributing to the institution’s strategic growth.
Experienced Banking Professional
Before joining BAJK, Mr Ayyaz built an extensive career across Pakistan’s banking industry. His expertise covers corporate banking, commercial banking, Islamic banking, SME finance, strategic planning, business transformation and institutional leadership.
He also holds an Executive MBA from the Lahore University of Management Sciences (LUMS). He graduated with distinction and earned a place on the Dean’s Honour Roll.
Leadership Focus on Growth
Speaking on the appointment, Chief Secretary of the Government of Azad Jammu and Kashmir and Chairman BAJK, Khushkal Khan, congratulated the bank on appointing an experienced banking professional.
He said the leadership change would strengthen BAJK’s role in financial inclusion, SME financing and priority sector lending. He also expressed confidence that the appointment would support the bank’s ambition to secure a nationwide commercial banking licence.
Vision for BAJK’s Future
Mr Ayyaz said he was honoured to lead BAJK during an important period of growth and transformation.
He said the bank would work closely with its Board of Directors, management and employees to strengthen financial performance, accelerate digital transformation and expand Islamic banking and SME banking services.
He added that BAJK would continue improving customer experience, enhancing governance and risk management, promoting financial inclusion and delivering sustainable value for customers, businesses and the economy of Azad Jammu and Kashmir.
