Visa Announces KSA Managing Director Ali Bailoun to Lead the Payments Leader’s Operations in the GCC Group of Saudi Arabia, Bahrain and Oman
Bahrain: Visa, a global leader in digital payments, announced that Ali Bailoun, Managing Director for Saudi Arabia, will take on the additional role of leading the company’s operations in Bahrain and Oman, effective July 12. Ali will remain based in Riyadh. .
As part of his expanded role, Ali will lead Visa’s innovation agenda and meet the growing demand from consumers, businesses and governments in Oman and Bahrain for seamless and secure digital payments.
Dr. Saeeda Jaffar, SVP of Visa and Group Country Manager for GCC, said: “We are delighted that Ali is taking on the additional role of leading our operations in Bahrain and Oman, and strengthening our Saudi operations to serve as a hub for this cluster. key markets. During the pandemic, we have seen rising consumer expectations for digital payments and, therefore, the growing need for businesses to be part of the digital economy not only to survive but also to grow. We are confident that under Ali’s leadership, we can continue to expand the acceptance of transparent and secure digital payments in Oman and Bahrain and support local economies in their digital transformation. »
“I am honored to have the opportunity to lead Visa’s operations in Bahrain and Oman and further strengthen our presence and role as a trusted engine of commerce in these key markets,” said Ali Bailoun, Director Regional General of Visa for GCC Cluster – Kingdom of Saudi Arabia. Arabia, Bahrain and Oman. “I look forward to deepening our relationships with banks, fintechs, governments, merchants and other businesses, whose partnership and collaboration are essential to our strategy of expanding access to the digital economy. for more consumers and businesses in Oman and Bahrain”.
Ali is an accomplished business leader who brings nearly 20 years of payments, banking and management experience to help issuers, acquirers, merchants and governments in Visa’s key market to improve their profitability and grow their business. He joined Visa in 2012 and has since been responsible for the overall strategy that has successfully driven Visa’s business in Saudi Arabia.
Under Ali’s leadership, Visa has expanded its portfolio of financial institution clients, including major Saudi banks; helped customers and merchant partners, including national airlines, deliver best-in-class global payment products to Saudi-based consumers and merchants; partnered with the largest Saudi MNO to provide Visa payment credential issuance to millions of customers; launched the first non-bank FIs and fintech in Saudi Arabia as well as a low-cost acceptance solution (Tap to Phone) for local SMEs; launched the first card-to-card payment solution in Arabia (Visa Direct); enabled the digitization of government payments in line with the Saudi Government’s Vision 2030; and worked with local industry stakeholders to help drive the adoption of contactless payments in Saudi Arabia, a leader in the MENA region.
About Visa Inc.
Visa (NYSE: V) is a global leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities in more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payment network, enabling people, businesses and economies to thrive. We believe economies that include everyone everywhere, uplift everyone everywhere, and see access as fundamental to the future of money movement. To learn more, visit About Visa, visamiddleeast.com/blog and @Visamiddleeast.