PIC Solutions Expands Middle East Operations

Dubai - 29 July 2008

PIC Solutions, the leading credit risk management company in the Middle East and Africa region, has expanded the relationship management capacity of the Dubai office by adding Ibrahim Jaber as a Relationship Manager.

PIC Solutions presence in the Middle East has grown from strength to strength and the Dubai-based team has been expanded significantly to cater for the ever-growing client base and demand for locally based support.

Ibrahim has over 12 years of extensive experience, both in the USA and the UAE, in sales, marketing, product development, project consulting, and project management. Ibrahim’s knowledge base covers a wide range of financial applications for financial industries, such as High Value Payments - SWIFT, Anti-Money Laundering, Market Infrastructure - RTGS, and Core Banking Systems. This experience extends across financial industries such as tier-one banks, financial institutions, airlines, telecom companies and government ministries. Prior to gaining his financial markets experience, Ibrahim managed sales of integrated IT solutions and services, namely Cisco’s IP solutions as well as HP and IBM hardware and software. Ibrahim holds a Masters of Business Administration (MBA) as well as a Bachelor of Business Administration; majoring in marketing from St. Edward's University, in Austin, Texas, USA.

Ibrahim’s experience and industry knowledge will further increase PIC Solutions capacity to deliver end-to-end credit risk management solutions to clients in the region.

Ian Read, General Manager of the PIC Solutions MENASA region, based in Dubai, states “PIC Solutions is excited about expanding our relationship management bandwidth in the Middle East region. We are committed to increasing the services and product offerings we provide to our clients. This expansion recognises PIC Solutions dedication to developing a team of relationship management professionals which will provide an ever-improving level of customer service to our ever increasing list of clients. I am confident that the addition of Ibrahim will help us enhance our competitive edge and maintain our industry leadership.

In order to cater for the current and future expansion, the Dubai office has relocated to larger premises. The new office is located on the 19th Floor of the Al Shatha Tower in Dubai Media City. As this was a relocation within the same building, all of the office telephone numbers, remain the same.”

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