Business

FINTX, the financial services arm of 7X and a leading provider of integrated financial solutions, has officially announced the appointment of Mr. Malaz Mubaid as the new Chief Executive Officer of Wall Street Exchange, a key subsidiary of the group. The appointment has been approved by the Central Bank of the United Arab Emirates, reinforcing the organization’s commitment to strengthening its leadership team and enhancing its role in the UAE’s evolving financial landscape.

Strategic Leadership for a Growing Financial Landscape

This appointment aligns with FINTX’s vision of expanding and modernizing its exchange and remittance services, in step with the UAE's rapid digital transformation and economic growth. Mr. Mubaid brings over 19 years of experience in the remittance and financial services sector, having served in senior leadership positions across top regional institutions.

Throughout his career, Mr. Mubaid has led market expansion initiatives, identified new growth opportunities, and forged strategic partnerships aimed at delivering innovative financial solutions. In his new role, he will focus on driving revenue growth, enhancing operational efficiency, and broadening the service portfolio of Wall Street Exchange, while upholding the highest standards of regulatory compliance and service excellence.

Wall Street Exchange: A Legacy of Trust and Innovation

Founded in 1982, Wall Street Exchange has earned a strong reputation in the UAE’s financial services sector. The company offers a comprehensive suite of services, including foreign currency exchange, international remittances, corporate payment solutions, payroll services, utility bill payments, and other local and cross-border financial services.

With Mr. Mubaid at the helm, Wall Street Exchange is poised to strengthen its market presence and continue delivering trusted, tech-enabled financial solutions to individuals and businesses across the region.

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