Dubai’s Network International appoints new CEO
Network International, the largest payment processing firm across the Middle East and Africa, has appointed Simon Haslam as chief executive, it said on Sunday.
Haslam, who was previously the president and chief executive of U.S.-based Elavon, succeeds Bhairav Trivedi, who will continue to serve as an adviser to the Network International board and also work on special projects for the firm during the transition period.
The company said in a stement sent to the media that Simon brings over 35 years of experience in the payment solutions and banking industries. Before taking on the CEO position at Elavon, he was the President of International Markets at Elavon where he worked to expand U.S. Bancorp subsidiary’s presence to new markets in Europe, Mexico and Brazil.
Prior to joining Elavon, Simon served with Citigroup International PLC as Head of Credit and Risk with responsibility for all credit and fraud related activities impacting Citigroup’s Pan European Merchant Acquiring Business. He previously held a number of positions with HSBC and Midland Bank.
“We are delighted to welcome Simon on board. Simon has an exceptional track record and we are confident that his broad expertise, vision for innovation and proven success in new markets will strengthen Network International as we prepare for future growth,” said Abdulla Qassem, Chairman, Network International commented:
Simon said he was “delighted with the opportunity to lead Network International through its next phase of growth as we continue to strengthen our product capabilities and gain market share across the MEA region.”
“I look forward to working with the team to enhance our value proposition and continue providing innovative solutions and services to our clients.”
The Dubai-based company is jointly owned by Emirates NBD , Dubai’s largest bank, and private equity firms, Warburg Pincus and General Atlantic.
(With inputs from Reuters)