With over 25 years of experience in the financial
sector, she specializes in strategic partnerships
and policy formulation to uplift communities
Business Reporter
Karachi: HBL Microfinance Bank (HBL MfB) has announced the appointment of Maya Inayat Ismail as the new Chairperson of its Board of Directors, succeeding Rayomond H. Kotwal.
A Visionary Leader in Financial Inclusion
Maya Inayat Ismail played a key role in establishing HBL MfB’s predecessor, FMFB, Pakistan’s first microfinance bank. Her efforts helped realize His Highness the Aga Khan’s vision of providing financial services to underbanked communities. Since joining the Board of HBL Microfinance Bank in 2016, she has served as Chair of the FISC Committee, demonstrating her dedication to financial inclusion. With over 25 years of experience in the financial sector, she specializes in strategic partnerships and policy formulation to uplift grassroots communities.
Leadership Transition and Endorsements
Outgoing Chairman Rayomond H. Kotwal reflected on his tenure, stating, “It has been an honor to lead HBL Microfinance Bank in advancing financial inclusion across Pakistan. I am confident that Maya Inayat Ismail’s appointment will bring a new wave of innovation, and I look forward to the Bank’s continued growth under her leadership.”
Sultan Ali Allana, Chairman of HBL, also expressed his confidence in the new appointment: “Maya Inayat Ismail’s expertise and commitment to financial inclusion will enhance HBL Microfinance Bank’s ability to serve underserved communities. She is also the first woman to chair an Aga Khan Fund for Economic Development (AKFED) institution, reflecting our commitment to breaking leadership barriers. I extend my sincere appreciation to Rayomond H. Kotwal for his outstanding contributions.”
Commitment to a Financially Inclusive Future
Maya Inayat Ismail shared her thoughts on her appointment, saying, “I am deeply honored to take on this role. My journey with HBL MfB spans over two decades, and this marks a full-circle moment for me. We remain committed to building a financially inclusive Pakistan, and I look forward to working with the Board, management, and employees to drive impactful change that empowers individuals and strengthens communities.”
HBL Microfinance Bank continues to reinforce its leadership in financial inclusion, with Maya Inayat Ismail at the helm to steer its future initiatives.