DUBAI – Wizz Financial, a leading global fintech company specializing in cross-border payments, has appointed financial regulatory veteran Adrianus (Aryan) Schoorl as its new general counsel and head of compliance and member of the senior management team. Schoorl joins after serving as a partner at White & Case where he oversaw the widely recognized and praised financial services regulatory team in the Middle East. He is a Legal 500 banded lawyer on fintech for three consecutive years and is banded in Chambers Global on fintech as well.
Schoorl has nearly 25 years of financial regulatory experience in Europe, the Middle East and North America working with financial institutions, technology companies and regulators on cutting edge matters. Prior to joining White & Case, he served as a regulator at the Ontario Securities Commission, the Netherlands Authority for the Financial Markets and the Dubai Financial Services Authority, and in private practice as a lawyer with Allen & Overy LLP, Freshfields Bruckhaus Deringer, CMS Legal and DLA Piper.
“Adrianus is a leading legal mind on financial technology issues. He brings a keen understanding of global best practices to our group as we continue to grow and we navigate the regulatory landscape in the various countries in which we operate,” said Wizz Financial Co-Founder and Chairman Amir Nagammy. “With his guidance, we will be able to work more insightfully with regulators to provide products and services to benefit our customers across the globe.”
“Wizz Financial has become the leading payments company in the region with a significant footprint in key markets across the globe and I am excited to join the team. Fintech is a rapidly evolving and maturing sector of the financial services space that presents new questions, processes and even products that regulators need to address. With my background, I am looking forward to being a bridge between our leadership and regulators to help facilitate our growth,” said Schoorl.
“We are excited to bring Adrianus and his decades of experience to the group as we continue to navigate the regulatory environment which continues to proliferate as fintechs continue to redefine the sector,” said Dr. Hamad Al-Ali, CEO of Royal Strategic Partners and Director of Wizz Financial.
Schoorl received his law degree from the University of Amsterdam.
About Wizz Financial
Wizz Financial is a leading global fintech company specializing in cross-border payments, foreign exchange, micro-lending, digital wallets, and B2B payment technology solutions. It serves 25 million customers and 1,500 corporate and institutional clients in over 30 countries. The Wizz Financial Group has more than 5,000 employees; relationships with 140 correspondent banks; and a presence across the MENA region, India, Africa and numerous subsidiaries in North America, Europe, and Asia. Wizz Financial is a subsidiary of Prism Group AG. For more information, visit: www.wizzfinancial.com.