A Memorandum of Understanding (MoU) was signed on Friday between Burj Bank Limited and TPL Trakker Ltd for the provision of vehicle tracking services on Burj Carsaaz Islamic Auto Finance product. The MoU was signed by Ahmed Khizer Khan, President & CEO, Burj Bank Limited and Ali Jameel, CEO, TPL Trakker Limited.
The occasion was also attended by senior officials of Burj Bank including Taimur Afzal, Group Head - Consumer Banking, Zoya Tazeen Jafarey, Group Head - Strategy & SME, Sohail Sikandar, CFO, Ihsan Ullah Ihsan, Chief Risk Officer, Akif Imitaz, Head Consumer Assets, Umair Masoom, Head Marketing Services & Talha Hameed, Product Manager. The officials from TPL Trakker included Ahsan Sarwar, ED & COO, Waqar Mohammad, VP Sales, Saad Nissar, CEO (TPL Direct Insurance) and Farhan Sheikh, Group Marketing Head.
Speaking at the occasion, Khizer said that "Burj Carsaaz is the fastest growing Islamic auto financing product in the market. We have made vehicle-tracking devices mandatory on all our financed vehicles to safeguard our assets for the collective benefit of Burj Bank and its customers.
TPL Trakker Ltd will be our preferred partner in providing fleet management solutions to Burj Bank. Our arrangement with TPL Trakker will serve and protect our mutual customers from theft, burglary and snatching instruments. I take this opportunity to thank TPL Trakker for their eagerness towards this business venture, which will Inshallah reap great results for both organisations."
Ali Jameel said "TPL Trakker and Burj Bank share a common vision of creating convenience and giving something extra to craft the right value for their customers. By adopting TPL Trakker's state of the art Portfolio Management solution, Burj Bank will be able to fight the menace of white collar crime and keeping delinquency in check & its customers will be able to get their stolen/ snatched vehicles recovered." -PR
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