Tuesday, 10 May 2022

#UAE's brand new digital bank Wio confirms Salem Al Nuaimi as Chairman, Jayesh Patel as CEO | Banking – Gulf News

UAE's brand new digital bank Wio confirms Salem Al Nuaimi as Chairman, Jayesh Patel as CEO | Banking – Gulf News

The UAE’s brand new digital only bank Wio has confirmed Salem Al Nuaimi as Chairman and Jayesh Patel as CEO. The appointments follow the license approval from the UAE Central Bank.

Wio is jointly owned by Abu Dhabi Holding Company (ADQ), Alpha Dhabi, e&, and First Abu Dhabi Bank (FAB) with an initial capital of Dh2.3 billion.

“In Wio, we have a highly evolved and adaptable digital platform that will open new paths for its customers and simplify the process of money management,” said Al Nuaimi. ”I am very happy to join the very strong and capable team that is working behind the scenes to bring this innovative digital banking journey to customers in the UAE.”

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