Allied Bank Partners with CeDAR, LUMS to Drive Innovation in Blockchain Technologies
Categories: News Updates, Personal
Allied Bank, one of Pakistan’s leading commercial banks, has signed a Memorandum of Understanding (MoU) at Lahore University of Management Sciences (LUMS) with the Center for Digital Asset Research (CeDAR). This strategic partnership aims to drive innovation in blockchain technologies, explore digital asset use cases, and foster talent development in Pakistan.
The MoU was formalized in the presence of senior leadership from both institutions.
Chief Technology & Digital Transformation
Chief Digital Officer
Group Head, Digital Transformation & Innovation
Provost
Principal Investigator
Co-Principal Investigator
Director
What the Partnership Will Deliver
Through this collaboration, Allied Bank and CeDAR will jointly pursue these initiatives to equip the next generation with expertise in emerging technologies. This initiative aims to bridge the gap between academia and industry, accelerating Pakistan’s digital transformation in the financial sector.
This engagement underscores Allied Bank’s continued commitment to embracing emerging technologies and nurturing strategic industry–academia partnerships to shape the future of banking in Pakistan.
Allied Bank is one of Pakistan’s leading commercial banks, offering a comprehensive suite of financial products and services to individuals and businesses. With a strong focus on innovation, customer satisfaction, and digital enablement, the Bank continues to drive transformation through cutting-edge technologies and AI-powered platforms.
Lahore University of Management Sciences (LUMS), a prestigious institution widely recognized for driving innovation and fostering cross-sector partnerships, has developed the Center for Digital Asset Research (CeDAR) as a platform connecting academia, government, and industry. It focuses on addressing challenges such as advanced research on blockchain and digital assets, financial inclusion, and citizen empowerment, while supporting policymakers in shaping clear, effective, and responsible regulations for sustainable adoption.