Amman, 17 March 2016
Following its General Assembly Meeting, Middle East Payment Services(MEPS) - a consortium of elite local and regional banks that serves as a leading, innovative payment services provider in the Middle East - announced the election of several Board Members for the next four years. They comprise Caesar Qulajen representing Jordan Commercial Bank (JCB), Haethum Buttikhi representing Jordan Kuwait Bank (JKB), Naeem Al-Khmos representing Jordan Islamic Bank, Tarek Omaish representing Jordan Ahli Bank, Naser Ziadeh representing Capital Bank, and Salem Haron representing Burgan Bank Kuwait.
During the Board of Directors meeting, which followed the General Assembly Meeting, Qulajen and Buttikhi were unanimously elected as Chairman and Deputy Chairman of the Company respectively. The appointment of Qulajen to spearhead the Board of Directors, whose members possess a wealth of finance and banking knowledge, underscores the Company's vision of becoming the premier leading hub for electronic and mobile payment solutions for financial institutions, corporations, small- and medium-sized enterprises (SMEs) and individuals in Jordan and across the Middle East.
Drawing on almost three decades of in-depth experience, Qulajen is JCB's General Manager. Prior to that, Qulajen held the positions of Deputy Chief Banking Officer and Head of Corporate and Investment Banking of Housing Bank for Trade and Finance. Previously, Qulajen was the Chief Executive Officer of Saudi-based Ebram Investments. He holds an MBA in Corporate Finance from the University of Dallas in the United States of America.
In turn, Buttikhi boasts more than 12 years of experience at JKB, currently serving as the Bank's Head of Retail and Private Banking. In addition to his role at JKB, he is the Chairman of Ejara Leasing Company, and is a Board Member of Jordan Phosphate Mines Company and United Financial Investments Company. Buttikhi attained his bachelor's degree in Politics and International Relations from the University of Kent in the United Kingdom.
Commenting on his appointment, Qulajen said, "Since its inception, MEPS has earned a reputable name synonymous with innovation and advanced, cutting-edge secure payment solutions. I am excited to be joining as Chairman of MEPS, a company that shares its ambition of becoming a leader in the financial field by operating transparently, focusing on customers' needs first, developing a competent team and continuously innovating solutions with the Company's contributing banks in particular and banks operating in Jordan and the Middle East in general. The Board Members and I firmly believe in the Company's core purpose, and we look forward to our tenure here, to new opportunities, and to ushering in a new era in the Company's journey as we expand operations into new regional markets."
Founded in 2009 and owned by eleven local and regional leading banks and companies, MEPS is an innovative, regional payment services provider, offering payment card services, ATM management, secure point-of-sale (POS) devices, e-commerce payment gateway solutions, fraud monitoring and loyalty programs. Additionally, MEPS is a payment processor, card issuer and merchant acquirer.
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MEPS is an innovative regional payment services provider, offering secure POS and e-commerce payment gateway solutions, PCI and security services, as well as a comprehensive set of customized, value-added services that meets the growing demand for payment solutions throughout the region. Additionally, MEPS is a payment processor, card issuer and merchant acquirer of payment cards in Jordan, Palestine and Iraq.
This press release has been distributed by Bidaya Corporate Communications on behalf of Middle East Payment Services (MEPS).
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© Press Release 2016