VEON explores digital infrastructure uplift

Veon Group chief executive Kaan Terzioglu and JazzWorld chief executive Aamir Ibrahim led a senior delegation that met Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Kabir Ahmed Sidhu on Tuesday, according to The Express Tribune. The talks covered ways to deepen Pakistan's capital markets, widen financial inclusion, build digital infrastructure and promote technology-driven innovation. The visiting executives welcomed the advances in the market and credited the regulator with efforts to make the market more efficient, open and reliable for investors.

The discussion looked at ways to attract more investment into digital infrastructure, as demand rises in Pakistan for server facilities, cloud computing and artificial intelligence capabilities. The delegation also pointed to scope for closer cooperation between the technology and financial sectors to support the digital economy.

Terzioglu described Veon as a long-term investor in Pakistan and said it wants to work with bodies such as the SECP on frameworks that draw in capital and back innovation. Ibrahim said JazzWorld has moved beyond its telecom roots and now operates as an integrated digital service company active in banking, insurance, artificial intelligence and tech. He added that its reach and distribution strength could help convert regulatory progress into products for millions of Pakistanis and businesses. The leaders also discussed strengthening insurance in the country and widening financial access by raising awareness and using digital channels and tech-based offerings.