Arab Advisors Group’s Inaugurates Finance MENA Forum in Amman

Amman, Jordan

HRH Princess Sumaya bint El Hassan, President of the Royal Scientific Society, inaugurated the Finance MENA Forum: The New Shape of Banking in the Fintech Era, taking place in Amman at the Grand Hyatt Hotel. The forum brought together top regional and global executives from 75 regional and global companies and organizations. The Central Bank of Jordan is the strategic partner of the Finance MENA Forum.

In her note speech that was delivered by Nabil Fayoumi, Advisor to HRH for Technical Affairs at the Royal Scientific Society told delegates that this forum comes at a key point for the banking sector in the Arab World. Although bank account penetration in our region has lagged behind other regions globally, the widespread of data, and the massive uptake of technology by the younger generation, which constitute a majority of the region’s population, are factors that represent a key opportunity for the financial sector to reach potential clients through channels that cater to their needs the most. This era presents financial institutions with multiple opportunities to transform from the traditional entities that they were, to dynamic, customer-friendly facilitators of the expectations and dreams of future generations. I believe we will witness a major shift in the needs and requirements of clients, as well as a shift in the way financial institutions do business.

On this occasion, Mohammed Al Shawwa, Arab Advisors General Manager said “The unprecedented growth in the adoption of digital solutions today is changing the shape of all industries, and the financial sector is no exception. We are now witnessing a shift in the mindset in the sector, and the introduction of new digital channels and solutions, that change not only how banks deal with the emerging needs of the clients, but also the way the financial institutions operate. The Forum brings thought leaders and experts from the financial and digital industries together to discuss the bright future of the financial industry.

Speakers at the forum include: Ali Omran (Deputy GM – Technology Services, ANB), Andreas Skopal (Partner, EY), Emile Cubeisy (Managing Partner, Silicon Badia), Fady Rafla (Head of Digital Banking, Abu Dhabi Islamic Bank), Faisal Hakki (CEO, Oasis 500), Hakam Kanafani (Chairman, Arab Advisors Group), Jawad Abbassi (Head of MENA, GSMA), Jocelyne Chahwan (Assistant General Manager – Head of Retail), John Yancura ( Senior Consultant, Global Communities), Khaled Hegazy (Chief Corporate Affair Officer, Etisalat Misr), Dr. Loay Sehwail (Co-Founder & Board Member, Dinarak), Maha Bahou (Executive Director, Central Bank of Jordan), HE. Marwan Juma (Chairman, Kinz &, Mohammad Khatib (Partner, Global Business Technology), Munis Haddadin (Chief Risk Officer, Bank Al Etihad), Nabil Tabbara (General Manager, VISA Levant), Nasser Al Zagha (Executive Manager of IT, Bank of Jordan), Nasser Saleh (CEO &Founder, Madfoo3atcom), Nidal Bitar (CEO, Int@j Association), Raed Hajarat (Country Leader & Director, Oracle Jordan), Rami Al Karmi (CIO Ahli Bank & CEO Ahli Fintech), Salim Sawalha (Assistant General Manager – Head of Retail, Jordan Commercial Bank), Samer Soliman (Managing Director – Acquiring Group, Network International), Tim Peters (Partner, Arthur D. Little), Yousef Abu Mutawe (CTO, Zain Jordan) and Ziad Al Shobaki (Managing Director, Quisk)

“We thank HRH Princess Sumaya for her continuous support. Our thanks also go to our partners, speakers and delegates for making the Finance MENA Forum a successful event.”

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