MultiBank Gives Al Hakim a Dual Mandate Across MB.io and…
By Rick Steves
AI summary of the source article
MultiBank Group has appointed former Crypto.com executive Mohammed Al Hakim as vice chairman and CEO of MB.io. He will oversee digital-asset and institutional expansion, including the development of MultiBank Exchange, tokenisation, and cross-border settlement.
Why it matters
MultiBank founder and chairman Naser Taher called the appointment an “important step in our strategy.”
Key facts
- MultiBank Group appointed Mohammed Al Hakim vice chairman and CEO of MB.io on November 2.
- Al Hakim's priorities include expanding MB.io, developing MultiBank Exchange, tokenisation, and cross-border settlement.
- MBIO FZE holds an active VASP licence with VARA for broker-dealer and exchange services, dated July 18, 2024.
Source excerpt · FinanceFeeds
MultiBank Group has appointed Mohammed Al Hakim vice chairman and CEO of MB.io , putting the former Crypto.com regional executive at the centre of its digital-asset and institutional expansion. His remit includes developing MultiBank Exchange, which the group says will connect traditional finance with digital markets.The group reports a US$32 billion valuation, US$450 billion in trading volume and…