domain: gulfnews.com | name: أخبار الخليج | icon:

Mercury Payments Services is pleased to announce the appointment of Muzaffar Khokhar as its Executive Chairman, effective immediately.

Khokhar, Founder of Unitey Digital, a major shareholder of Mercury, is a career entrepreneur and a global executive in Payments and Digital ID. Prior to Unitey, Khokhar was a senior executive at IDEMIA working as President of MEA as well as EVP of the Digital Business unit. Khokhar, a longtime resident of Dubai, is actively involved in the payments ecosystem of Middle East & Africa, and is also a Non-Executive Director of South African based Akelo group, which is a part of Crossfin Holdings.

“I am excited to take up this role after being on the board of Mercury for the last 15 months. I am particularly energized with the fast changing payments and digitization landscape in the UAE driven by the Central Bank of UAE’s Financial Infrastructure Transformation (FIT) program. I shall be working closely with the CEO, Muzaffer Hamid and the rest of the management team to help drive several strategic initiatives across the spectrum," said Khokhar.