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Mashreq launches new offshore centres in Karachi, Lahore to expand digital operations

By Our Correspondent
April 01, 2026
People walk out of a branch of Mashreq bank at Dubai Internet City on February 5, 2012. — Reuters/File
People walk out of a branch of Mashreq bank at Dubai Internet City on February 5, 2012. — Reuters/File

KARACHI: Mashreq, a leading international financial institution with a strong regional presence and a growing footprint in Pakistan, has inaugurated new Mashreq Global Network (MGN) Pakistan offshore centres in Karachi and Lahore, a statement said on Tuesday.

The expansion builds on Mashreq’s continued investment in Pakistan’s talent, technology and digital banking infrastructure. More than $40 million has been deployed to date to support MGN Pakistan’s growth and capability development.

The new centres are designed to widen access to opportunity for skilled professionals and strengthen the group’s distributed workforce model. MGN Pakistan now draws talent from more than 30 cities across the country and operates on a merit-based hiring framework that creates pathways for professionals regardless of location or background. This approach has enabled MGN Pakistan to more than double its workforce over the past three years to over 520 employees, with further expansion planned as part of Mashreq’s broader global operating strategy.

Speaking at the launch, Group Head of Operations at Mashreq Group Mark Edwards said, “The offshore centres in Karachi and Lahore are an important part of Mashreq’s distributed operating model. They allow us to tap into Pakistan’s expanding digital and financial talent pool while reinforcing our commitment to operational excellence and innovation across the group.”