MDP, the main issuing and cost processing powerhouse within the Center East and Africa, has appointed Frank Molla because the Managing Director of MDP Africa.
On this function, Molla will spearhead MDP’s efforts to deepen development and discover new localized alternatives for scale and partnerships on the continent. His priorities will embrace additional growing MDP’s strategic path in Africa, guiding the following development part, and constructing elevated worth by means of sustained excellence and innovation.
With over 30 years of expertise, MDP has offered card and cost processing options throughout totally different markets and sectors within the Center East and North Africa. Leveraging modern cost options and strategic partnerships, MDP has simplified funds for over 1,000 corporations and greater than 300 million folks.
MDP goals to increase its impression by changing into the accomplice of selection, providing end-to-end card issuing and cost processing options for banks, fintech, telcos, corporates, and challenger banks throughout Africa. Molla’s appointment combines experience to deploy market-leading options in Africa, aligning with MDP’s objectives for development and innovation.
Ahmed Nafie, CEO at MDP, expressed confidence in Molla’s appointment, stating, “Frank’s intensive expertise and spectacular observe file within the Funds trade align completely with our imaginative and prescient for the long run. His management will improve MDP’s presence in Africa and advance our mission of simplifying cost experiences for Banks, Fintechs & SMEs.”
“I’m assured that MDP is effectively positioned to create and seize significant worth in Africa’s predicted Fintech development of $65 billion by 2030. I’m excited to work with an distinctive staff to entrench MDP’s worth by means of partnerships and speed up our Africa footprint,” famous Molla on his appointment.
Frank Molla brings 20 years of expertise within the funds trade, having labored in numerous markets throughout Europe, the Center East, and Africa.
