Latest news with #JohnSaad
Associated Press
30-07-2025
- Business
- Associated Press
Guidehouse Statement on U.S. AI Action Plan Calls for Trust, Innovation, and Strategic Governance
Firm urges public-private collaboration to ensure AI innovation is matched by trust, transparency, and measurable public value WASHINGTON, July 30, 2025 /PRNewswire/ -- Guidehouse, a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors, applauds the White House's release of America's AI Action Plan as a pivotal step toward securing U.S. leadership in artificial intelligence. We're at a defining moment—where the combined strength of U.S. technology, energy, government, and private industry can shape a resilient, citizen-centered AI economy. 'This isn't just about innovation,' said John Saad, Guidehouse President. 'It's about transforming how government serves the public and ensuring America's continued leadership in the global AI landscape. The plan's focus on infrastructure modernization, regulatory innovation, and global competitiveness reflects Guidehouse's mission to help clients outwit complexity and build a secure, future-ready foundation.' As organizations accelerate AI adoption, Guidehouse emphasizes that speed must be matched with safeguards. Trust, transparency, and accountability are essential to ensuring AI systems serve the public good. Deregulation should not come at the expense of trustworthy outcomes—especially in sectors where lives, livelihoods, and national security are at stake. 'Innovation and governance must move in lockstep,' said Stuart Brown, Guidehouse Technology Leader. 'Our clients—especially in regulated sectors—need AI that's not just fast and scalable, but explainable, ethical, compliant, and above all, trustworthy.' Guidehouse continues to support commercial and government clients with full-stack AI services—from procurement and compliance to continuous oversight. In line with the Action Plan's call for structured public-private collaboration, Guidehouse advocates for a national AI ecosystem that ensures systems are bias-mitigated, privacy-protected, and audit-ready before deployment in critical domains. The firm also supports the plan's recommendations to: Guidehouse is committed to helping organizations operationalize these priorities—ensuring AI delivers measurable value while protecting the public interest. We believe this is a rare convergence of public and private capability that can shape a secure, resilient, and citizen-first AI economy for generations to come. This commitment builds on Guidehouse's $1.5 billion AI investment to advance agentic AI, launch an AI Center of Excellence, and accelerate AI-readiness across clients and teams to ensure innovation scales with trust and impact. About Guidehouse Guidehouse is a global AI-led professional services firm delivering advisory, technology, and managed services to the commercial and government sectors. With an integrated business technology approach, Guidehouse drives efficiency and resilience in the healthcare, financial services, energy, infrastructure, and national security markets. Built to help clients across industries outwit complexity, the firm brings together approximately 18,000 professionals to achieve lasting impact and shape a meaningful future. Media Contact Guidehouse Cecile Fradkin [email protected] View original content to download multimedia: SOURCE Guidehouse
Zawya
01-07-2025
- Business
- Zawya
Contact Creditech obtains FRA license to expand digital consumer finance in Egypt
Arab Finance: Contact Financial Holding announced that its digital consumer finance arm, Contact Creditech, has obtained a fintech license from the Financial Regulatory Authority (FRA), as per an emailed press release. Accordingly, the company will provide fully digital consumer finance services through its application, Contact Now. The license allows Contact Creditech to offer a digital financing process that covers the full customer journey, from application to contract signing. The process includes electronic identification and verification (e-IDV), digital onboarding (e-KYC), electronic contract execution, and digital record management (DRM), supported by VLens, an FRA-registered outsourcing provider. This step aligns with Contact's strategy to advance its digital operations and support financial inclusion. The group is using a data-based approach to improve integration within the financial sector, aiming to enhance service access and support personal financial management. 'At Contact, we are driven by a solid foundation and a clear, ambitious vision aimed at promoting financial inclusion by democratizing access to sophisticated financial services across Egypt. Our goal is to bring our financing and insurance solutions into every Egyptian household," John Saad, CEO and Managing Director of Contact Financial, said. "Backed by more than 24 years of deep market understanding, we have cemented our leadership position as Egypt's leading non-banking financial services provider. We remain committed to transforming complex financial needs by leveraging cutting-edge technology to deliver simple, personalized solutions that empower individuals to achieve their economic aspirations seamlessly.' he added. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
30-06-2025
- Business
- Zawya
Contact secures FRA fintech license to expand its financing and insurance services across Egypt
Cairo: Contact Financial Holding, Egypt's leading non-banking financial services provider, announced that Contact Creditech, the Group's digital consumer finance arm, has obtained a fintech license from the Financial Regulatory Authority (FRA) to offer fully digital consumer finance services through its flagship application, 'Contact Now.' Contact Now delivers a seamlessly integrated digital financing experience that covers every step of the customer journey. The process spans from application submission to electronic contract signing. This includes electronic identification, verification, and authentication (e-IDV); digital customer onboarding (e-KYC); electronic contract execution; and digital record management (DRM), all facilitated through VLens, an FRA-registered outsourcing provider. 'At Contact, we are driven by a solid foundation and a clear, ambitious vision aimed at promoting financial inclusion by democratizing access to sophisticated financial services across Egypt. Our goal is to bring our financing and insurance solutions into every Egyptian household. Backed by more than 24 years of deep market understanding, we have cemented our leadership position as Egypt's leading non-banking financial services provider. We remain committed to transforming complex financial needs by leveraging cutting-edge technology to deliver simple, personalized solutions that empower individuals to achieve their economic aspirations seamlessly.' stated John Saad, CEO and Managing Director of Contact Financial Holding. This comes as part of Contact's strategy to drive digital transformation and promote financial inclusion. The Group is adopting a data-driven approach aimed at building seamless ecosystem integration across the financial sector, delivering a rich digital financial experience for customers, ultimately improving their quality of life and supporting better personal financial management.
Zawya
12-06-2025
- Business
- Zawya
Egypt: Contact Financial appoints new CEO; total portfolio exceeds $422mln in 2024
Arab Finance: Said Zater has handed over executive leadership to John Saad, who assumed the role of Managing Director and CEO of Contact Financial Holding, according to an emailed press release. This leadership shift coincides with Zater's appointment as Vice Chairman of the group, which ended 2024 with a total financing portfolio exceeding EGP 21 billion. Saad brings more than 20 years of diverse experience in commercial and marketing within the technology sector across various markets. He began his career at one of Egypt's largest telecom companies, where he advanced through several marketing roles before ascending to prominent C-level positions. The new official served as Chief Commercial Officer (CCO) at key companies across Egypt, Qatar, Saudi Arabia, and the UAE. He also held the position of CEO at a leading digital entertainment platform in the MENA region and is the Co-Founder and CEO of one of the region's leading AI-focused companies. Saad commented on his new role: 'It is an honor to be part of this Group, which has achieved a total lending of nearly EGP 75 billion since inception. I look forward to driving excellence by building upon these achievements, prioritizing customer-centricity, and developing innovative financing solutions, while preserving the Group's strong foundation and deeply rooted values." In capital markets, Contact maintained its position as a key player through Sarwa Securitization, as the group successfully closed its 45th bond issuance in 2024, valued at EGP 1.2 billion. Accordingly, the total value of bonds issued in the Egyptian market and backed by portfolios generated by Contact hit around EGP 30 billion through 29 bonds. Contact's insurance division also registered a significant performance, with Sarwa Insurance, Sarwa Life Insurance, and Contact Insurance Brokerage collectively recording Gross Written Premiums (GWP) nearing EGP 7 billion by the end of 2024. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Identity
11-06-2025
- Business
- Identity
Contact Financial Holding Appoints John Saad as CEO, building on the Solid Foundation Laid by Said Zater with Strong FY24
In a strategic move, Contact Financial Holding reaffirmed its ongoing commitment to growth, innovation, and market leadership, as Said Zater has officially handed over executive leadership to John Saad, who assumes the role of Managing Director and Chief Executive Officer of Contact Financial Holding. This leadership shift coincides with Zater's appointment as Vice Chairman of the Group's Board of Directors. The Group has maintained a solid performance over the years, closing FY24 with a total financing portfolio exceeding EGP 21 bn.
