ABL, Grant Thornton inks accord

KARACHI - Allied Bank has signed an agreement with Anjum Asim Shahid Rahman (AASR), a member firm of Grant Thornton International for licensing and implementation of Customer Assets Management System (CAMS). Allied Bank chose one of the fastest growing and leading solutions CAMS for consumer banking offered by AASR that has been successfully deployed at a number of leading banks in Pakistan. In a statement issued on Friday Mohammad Aftab Manzoor, CEO, Allied Bank and Khaliq-ur-Rahman, Deputy Managing Partner, AASR signed the agreement. Also present on the occasion were Asim Tufail, Head of Consumer and Personal Banking Group; Riaz Hussain, Group Head Credit and Policy; Nabeel Irfan Shaikh, Head of Secured Assets, Allied Bank and Mr. Kamran Hafeez, Partner; Khurram Jamal, Director IT; Salman Khan, Director Marketing and Client Services, AASR. The CAMS manages the lifecycle of consumer loan with state of the art MIS developed on an Oracle platform to provide a cost effective and efficient solution with centralized database and security features. The CAMS will help Allied Bank diversify its products and services with a complete suite of consumer lending products, resulting in services to a wider customer base.

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