Apr 27

Press Release: Bassem Awada joins TerraPay as Vice President – Global for Strategic Accounts and Partnerships

TerraPay announced the appointment of Bassem Awada as VP – Global for Strategic Accounts and Partnerships . Focused business & strategy leader with 20+ years of experience across healthcare & financial services, Bassem has accomplished various roles pertaining to change management, digital transformation and strategic alignment to drive business growth. In TerraPay Bassem’s role will be to lead the strategic relationships to enable capabilities for money movement across multi-platform for send and receive synergies.

Bassem has most recently held a leadership position at Western Union where he was responsible to drive the execution of the omni-channel strategy across part of APAC and prior to that across the Gulf countries. This included network & product development, key account management, enabling digital assets, supporting M&As and officially representing WU in Board of Directors. Prior to Western Union, Bassem held a regional business leadership role in the Health Care division at 3M in UAE.

Ambar, the founder and CEO said “Bassem adds a lot of experience and capabilities to our small team. He has had a proven record of accomplishments and I am sure that he will use his skill sets and the experience in the cross- border remittances space to add value to our strategic partnerships. I wish him all the best in this role”

On his appointment Bassem said “It is a great opportunity for me to join a very energetic team of professionals and to witness how this very interesting startup will evolve in the financial world and will be able to actively contribute to establish its value proposition towards its investors and specifically towards its customers on both ends supporting the unbanked and underserved through accessible and affordable financial services”