Edenred appoints New Managing Director for UAE| MENAFN.COM

Thursday, 19 May 2022 11:52 GMT

Edenred appoints New Managing Director for UAE


(MENAFN- Sherpa Communications) Edenred, UAE's largest salary processing provider, today announced the appointment of Wael Fakharany as Managing Director effective immediately.

Previously Omnix International’s CEO, Wael Fakharany will now be responsible for running all facets of the business at Edenred in the region and empowering the UAE companies to pay their employees on time, securely and easily.

Fakharany has held several executive positions at IBM, 3Com, and Oracle. Having spent more than nine years at Google Middle East in various roles, he is highly recognized among MENA’s top most influential leaders in advancing technology and transforming millions of lives.

Commenting on Fakharany’s appointment, Pierre Gagnoud, Regional Director for South Europe, Middle East and Africa of Edenred said, “I would like to welcome Wael to Edenred UAE. His experience will be a key asset to reinforcing our leadership in UAE and continuing our expansion across the rest of the Middle Eastern region.”

Wael Fakhrany added, “I am delighted to join Edenred UAE and I am committed to ensure financial inclusion and digital onboarding for both the banked and unbanked population. Edenred is a regional leader in the payroll industry and UAE’s largest salary processing provider with digital innovative solutions, great ambitions and international committed teams.”

Edenred UAE provides a complete solution of financial inclusion for employees, offering technology-driven solutions to corporations and their employees through C3Pay card, C3Pay mobile app and Edenred Payroll Portal.

As FinTechs continue to grow in the UAE, more customers will take part in a digital revolution. FinTech companies like Edenred help increase financial services uptake among the unbanked and underbanked population in the UAE, making financial services accessible to all.


The UAE has grown into the most digital-friendly country in the Middle East, with an impressive 99% of the population being active internet users, according to the UAE Internet and Mobile Statistics (January 2020).

Edenred is present in 46 countries and the world leader in specific-purpose payment solutions. Listed on the Euronext Paris stock exchange, Edenred designs and manages solutions for companies and public institutions seeking to improve their attractiveness and efficiency, enhance users’ well-being and purchasing power, and vitalize the employment market and the local economy.

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