Wio Bank PJSC, UAE’s digital-first bank, has announced the appointment of Mansour AlMulla as Chairman of the Board, along with the addition of four new board members.
The appointments are intended to support the bank’s continued growth and contribution to the country’s digital economy.
AlMulla is the Deputy Group CEO of ADQ, a sovereign investment firm focused on infrastructure and global supply chains.
He brings over 23 years of experience across various sectors, including financial services.
Joining him on the Board are Eng. Hamad Al Ameri, Dr. Jaap Kalkman, Jawad Shafique, and Samy Ben-Jaafar, who bring expertise in finance, banking, technology, and investments.
Speaking on his appointment, AlMulla said:
“Joining the Board at this important stage is a meaningful step toward advancing the bank’s aspirations for growth, impact, and industry leadership. Wio is well positioned to support the UAE’s vision of becoming a global hub for financial innovation. I would like to take this opportunity to thank the outgoing Board members for their contributions and I look forward to building on their achievements.”
The new members will serve alongside continuing board members Fadel Abdulbaqi Al Ali, Khalifa Al Forah AlShamsi, Masood M. Sherif Mahmood, and Futoon Al Mazrouei.
Wio Bank launched in 2022 with a focus on simplifying how individuals and businesses manage their finances.
It is backed by strategic shareholders including ADQ, Alpha Dhabi, e&, and First Abu Dhabi Bank (FAB).
Featured image credit: Edited by Fintech News Middle East, based on image by Trend2023 via Freepik
