Strategic Digital Wallet Company Gets Four Directors
ISLAMABAD, October 26, 2026 — The government has approved four independent directors for the board of the Strategic Digital Wallet Company. The company was set up to manage and safeguard Pakistan’s sovereign virtual assets, according to the Press Information Department.
However, this is a board appointment decision. The announcement does not list staff vacancies or describe a recruitment drive. ProPakistani’s headline says the company has started hiring, but its report also describes the appointment of directors.
What the Strategic Digital Wallet Company will do
The company’s stated role is to manage, safeguard and administer virtual assets held by Pakistan’s government. In addition, the Virtual Assets Act describes a wholly owned company that can provide custody and wallet services for the federal government and designated public bodies.
The law says the company will work on behalf of government bodies. It will not provide services to private individuals. This makes its role different from a public cryptocurrency exchange or a wallet app for personal use. Read the Virtual Assets Act.
The announcement gives no hiring details
The official announcement does not name the four directors. It also gives no information about employee roles, qualifications, salaries or application dates.
So, people looking for jobs should not treat the board appointment as a job advertisement. Instead, they should wait for an official recruitment notice from the company or the relevant government department.
The announcement also does not give a launch date for the company’s services. As a result, it confirms a governance step, but does not show that a public-facing platform has opened.
The board decision is part of a wider meeting
The Cabinet Committee on State-Owned Enterprises approved several proposals at its October 26 meeting. For example, it approved appointments to the Pakistan State Oil board and the activation of the Clean Environment Fund Company.
Meanwhile, the committee deferred a proposal to establish a Pakistan Pharma Export Promotion Council. It asked the Commerce Ministry to consult stakeholders before bringing the proposal back.
For related coverage of Pakistan’s digital finance infrastructure, read Info-Matix’s report on the State Bank’s digital cheque-clearing pilot.
In short, the confirmed news is that four independent directors were approved for the Strategic Digital Wallet Company. The announcement does not confirm staff hiring or provide job application details.