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Moneycorp Bank’s Financial Institutions Group, which has recently expanded its presence in the Middle East and GCC, has hired Vijayanand Kulanthavielu as Senior Vice President. Based in the UAE, he will lead the expansion of the business in the region.
Kulanthavielu will lead Moneycorp Bank’s growth across the MENA region as part of its broader objective to become a leading provider of FX liquidity to financial institutions globally.
He will play a key role in building and deepening client relationships, working with central banks and commercial banks to meet their physical foreign currency needs.
local experience
Bringing over 10 years of in-depth local experience, Kulanthavielu will leverage his deep industry and domain knowledge to forge strategic alliances and capitalize on the region’s growing business hub status.
Kulanthavielu commented: “I am delighted to be joining Moneycorp FIG to lead its continued expansion in the Middle East and North Africa. I have witnessed the incredible growth of Moneycorp Bank’s note business from a distance and am honored to step in now to drive the next phase of growth. We have Being the preferred partner of major financial institutions around the world, I firmly believe that now is the perfect time to build on this success and take the business to new heights.”
David Perkins, Global Head of Financial Institutions Group, Moneycorp Bank added: “I am delighted that Vijay is joining our talented team and leading Moneycorp Bank to the next natural step. I am confident that his extensive experience and expertise will be instrumental in growing our Mena business And providing excellent service to more clients will be invaluable. This is one of the most prosperous regions in the world and with the support of Vijay and his team, we are poised to become its main physical FX provider.” — trade arab news agency
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