VEON explores digital infrastructure uplift

Seeks to expand financial inclusion, tech-led innovation

ISLAMABAD:

Veon Group CEO Kaan Terzioglu and JazzWorld CEO Aamir Ibrahim led a senior leadership delegation that met with Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Kabir Ahmed Sidhu on Tuesday to discuss strengthening Pakistan's capital markets, expanding financial inclusion, developing digital infrastructure and advancing technology-led innovation.

The corporate leaders acknowledged the progress made in Pakistan's capital markets and appreciated the SECP's efforts to strengthen market efficiency, transparency and investor confidence.

The discussion explored opportunities to mobilise greater investment in digital infrastructure, particularly as Pakistan's requirements for data centres, cloud services and AI capabilities continued to grow. The delegation highlighted the potential for deeper collaboration between the technological and financial sectors to prop up the country's digital economy.

"Pakistan's digital transformation requires significant investment in infrastructure, technology and new financial models. As a long-term investor in Pakistan, Veon sees an opportunity to work with institutions such as SECP to develop frameworks that unlock capital, encourage innovation and support the country's digital economy," said Kaan Terzioglu.

Aamir Ibrahim said "JazzWorld has evolved beyond a monolithic telecom operator into Pakistan's leading integrated digital ServiceCo, spanning financial services, banking, insurance, AI and technology. Our scale and distribution capabilities can help translate regulatory innovation into solutions that reach millions of Pakistanis and businesses."

The leadership also deliberated on opportunities to strengthen Pakistan's insurance ecosystem and expand access to financial services through greater awareness, digital distribution and technology-led solutions. They reaffirmed Veon and JazzWorld's commitment to working with SECP and other stakeholders to support investment, financial inclusion, digital innovation and continued development.