US-based fintech service provider Finastra recently announced that it has appointed a new executive to the role of head of Asia Pacific market region. According to the statement released by the firm, it has promoted Wissam Khoury, who has been serving at the firm for more than two years now in the role of Managing Director of Finastra’s Middle Eastern and African market region, to the role of Senior Vice President and General Manager for
In his new role as Senior VP & General Manager for MEA & APAC, Wissam is responsible for driving Finastra’s growth strategy, strengthening its already existing footprint in the two market regions and accelerating sales while also focusing on deepening customer partnerships across the two huge global market regions. Wissam has had a highly successful track record in high-level managerial roles both inside and outside this firm. The firm believes that expansion to his current role will help in bringing about and encouraging synergy between the two market region by sharing of good business practices in the two markets which currently show a high level of growth potential.
The firm bets on leveraging Wissam’s customer-centric approach to strengthen existing client relationship which will greatly help in boosting the firm fundamentally while also ensuring smooth expansion activities by bringing in latest development and innovation to the financial market. Some of the areas Finastra plans to focus on include Open banking, cloud solutions, and Finastra’s popular Fusion Fabric cloud platform.
Prior to joining Finastra back in July of 2017, he served as Managing Director of SunGard Financial Systems for nearly nine years during which he was responsible for the firms’ expansion and development of business division in the Middle East. Wissam has helped develop institutional-grade banking and payment solutions at SunGard which helped the firm see an annual turnover of US$125 Million from said division.
His success at the firm lead to him being elected as Chairman, spokesman & representative of FIS Global for MEA region when FIS acquired SunGard. Wissam’s newly expanded role came into effect since 01.08.2019 and he will remain based at the firms Dubai office but will also work from the firm’s Singapore office to better handle the business activities in APAC region.
Commenting on expansion to Wissam’s role, Eric Duffaut, President & Global Head of Field Operations at Finstra stated, “With over 20 years of experience helping financial institutions build competitive advantage and proven success in driving agile growth and results-driven teams at Finastra, Wissam is the right person to help us continue our journey and gain even greater market share in APAC. We look forward to seeing the regions benefit from shared best practice and supporting our customers as they transform their businesses”.
Speaking about his new responsibilities at the firm, Wissam commented, “With over 20 years of experience helping financial institutions build competitive advantage and proven success in driving agile growth and results-driven teams at Finastra, Wissam is the right person to help us continue our journey and gain even greater market share in APAC. We look forward to seeing the regions benefit from shared best practice and supporting our customers as they transform their businesses”.
It should be noted that while Wissam comes to Singapore office, Imad Abou Hadar, the current Managing Director of APAC region resigns from the firm to pursue new opportunities. But Imad will work together with Wissam until the end of his tenure on 31st September 2019 to ensure a smooth transaction in business activities.
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