Riyadh - Sharikat Mubasher: PayTabs, the award-winning payment powerhouse in the Middle East and North Africa (MENA) region, appointed Mohamad Abbas as Chief Sales and Operations Officer, in a move to drive innovation and profitability for the group.

Abbas will lead PayTabs' revenue and profitability goal fulfillment and operational efficiency playbooks in key operating markets such as Saudi Arabia, the UAE, and Egypt, the group announced in a press release.

Abbas is a distinguished senior executive leader and entrepreneur with more than 22 years of experience in sales, business development, and operations management within the e-commerce, digital payments, and fintech sectors.

As the Chief Sales and Operations Officer, Abbas will bring forth enormous value for PayTabs which includes experience in significant revenue generation, expertise in driving operational efficiency, raising market share, and managing large corporate portfolios.

This appointment aligns with PayTabs’ ambitious goals of achieving 200% to 400% year-on-year growth across established and emerging markets in the MENA region and doubling market share.

Johnson Sasikumar, PayTabs Group Deputy CEO, said: “Mohamad’s leadership will be instrumental in advancing PayTabs' vision to power every digital transaction in the region and accelerate the digital movement, aligning with the company’s mission to deliver fully integrated and scalable payments infrastructure across MENA.”

Sasikumar further noted that PayTabs mainly focuses on solving and innovating on behalf of its clients and partners to spearhead its profitability trajectory and add value to our business.