PayPal, a leading company that enabling online payments, has announced the appointment of Laurent Wakim as the new regional manager for its Mena business.

In this role, Wakim will be responsible for driving PayPal's growth and expansion in the region. This includes managing and building strategic partnerships that allow PayPal to introduce services into markets as diverse as United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Egypt and Jordan.

"We're very excited about Laurent’s appointment," commented Laurent Le Moal, VP, general manager CEMEA, PayPal. "Laurent joined PayPal in 2010. He brings with him a wealth of experience that will be crucial to growing our footprint in the region and building our strategic partnerships.”

"We first entered the Mena region in 2012," said Wakim. "We have since worked on supporting entrepreneurs, building strong ties with top e-merchants in the region and signing meaningful, strategic partnerships that enable millions of people to engage in online commerce.

“Online commerce is growing fast in many of these markets and PayPal is an ideal way to overcome many of the concerns people have making online payments, providing fraud protection and buyer protection policies for securing purchases,” he added.

Wakim is a graduate of Ecole des Ponts ParisTech in Paris, a top engineering school with a Masters in Mechanical Engineering. He first joined PayPal in 2010 as manager in the EMEA Finance team and has headed PayPal's Sales & Business Development in Mena since January 2012.

He replaces Elias Ghanem who left to pursue other opportunities in the region. – TradeArabia News Service