National Bank of Bahrain (NBB) has announced the appointment of Yaser Alsharifi, chief strategy officer, as the chairman of the Advisory Board of Bahrain Fintech Bay (BFB), the largest Fintech hub in the Middle East & Africa.

NBB also announced his appointment to BFB’s Executive Board for 2018.

BFB’s Advisory Board is comprised of representatives of its 30 founding partners, which include NBB among other regional and international banks and technology companies. In addition, two members of the Advisory Board are elected by their fellow founding partners each year on a rotational basis to sit on BFB’s Executive Board helping to shape the hub’s development including its programmes and events and opportunities for collaboration and value creation with partners.

Alsharifi said: “I’m delighted with these appointments which reflect NBB’s strong commitment to working with Bahrain Fintech Bay and its partners to drive the development of new Fintech solutions that can better enable banks like NBB to innovate and effectively meet the rapidly evolving needs of our customers in today’s digital age.

“We look forward to collaborating with BFB and leveraging its know-how and networks to further NBB’s Fintech agenda and harness the power of emerging technologies for the benefit of all of our stakeholders.”

Khalid Saad, CEO of Bahrain Fintech Bay, said: “We congratulate Yaser Alsharifi on his appointment as Chairman of Bahrain Fintech Bay’s Advisory Board and welcome him to our Executive Board during this exciting time as we launch our efforts to drive Fintech innovation in Bahrain and across the region.

“Together with our Board Members and executive team, we look forward to his contributions and those of NBB to accelerate the adoption of Fintech and BFB’s position as the region’s leading Fintech hub.” – TradeArabia News Service