Latest news with #NeerajMakin
Reuters
3 days ago
- Business
- Reuters
TeamSec Appoints Finance Leaders to Board to Drive AI-Powered Securitization and Fintech Growth
ISTANBUL, Türkiye, May 29, 2025 (EZ Newswire) -- TeamSec, opens new tab announced it has appointed three distinguished executives to its board of directors, each with over 90 years of global experience: former ICD CEO Ayman Amin Sejiny, Rasmal Ventures partner Alex Wiedmer, and Neeraj Makin, senior executive vice president at Emirates NBD. TeamSec is an AI-powered next-generation fintech and regtech company offering solutions in capital optimization and working capital liquidity. Its services are delivered through a fully automated, end-to-end securitization and invoice financing platform. Rapidly becoming a key player in its industry, TeamSec is strengthening its leadership team with executives who have a proven track record on the global stage. In this new era, TeamSec strengthens its leadership by appointing Ayman Amin Sejiny as vice chairman and adding Alex Wiedmer and Neeraj Makin to the board of directors. "Welcoming Ayman Amin Sejiny, former CEO of ICD; Alex Wiedmer, partner at Rasmal Ventures; and Neeraj Makin, senior vice president at Emirates NBD, to our board marks a defining moment in TeamSec's journey," said Esad Erkam Köroğlu, CEO of TeamSec. 'Their extensive global experience in investment banking, venture capital, and strategic innovation perfectly aligns with our mission to transform capital markets through our AI-powered securitization as a service solutions. Rather than symbolic, expanding our board is a deliberate move to strengthen our capabilities in entering new markets and navigating regulatory environments.' Corporate and Investment Banking Leader: Ayman Amin Sejiny Ayman Amin Sejiny brings more than 30 years of leadership in corporate and investment banking. He has served as CEO of Barclays Saudi Arabia, Ibdar Bank, Alkhair Bank (formerly Unicorn Investment Bank), and—most recently—the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank Group,, opens new tab which spans 55 member countries, maintains LOF relationships with 120 banks, and manages a portfolio of private-equity investments. Earlier in his career, Sejiny held corporate banking roles at Citibank and the Saudi affiliate of ABN AMRO. Throughout these assignments, he has driven strategic growth and forged partnerships in e-commerce, cash management, and cutting-edge fintech solutions. Venture Capital Veteran with 25 Years of Experience: Alex Wiedmer Joining TeamSec's board of directors, Alex Wiedmer is recognized for his over 25 years of venture capital experience across Europe, North America, and the MENA region. Currently a partner and director at Qatar-based Rasmal Ventures, opens new tab, Wiedmer was previously a long-time partner at Paris-based Iris Capital. During that time, he also served on the investment committee of STC Ventures, a pioneering VC fund in the Gulf region that achieved top-decile returns. With a strong track record in venture capital and entrepreneurial finance, Wiedmer has made over 60 investments in more than 50 companies. Strategist Shaping the Future of Banking: Neeraj Makin Another new addition to the board of directors is Neeraj Makin, who serves as group head of strategy, analytics, and venture capital at Emirates NBD, opens new tab and is a member of the executive committee. Makin has shaped the bank's long-term growth strategies and led major acquisitions, including BNP Paribas Egypt and DenizBank in Turkey. He also spearheaded the bank's international expansion by securing branch licenses in Saudi Arabia and India. In addition, he leads the corporate VC fund that invests in advanced analytics centres and promising fintech start-ups. With a background at EY and McKinsey, Makin brings deep mergers, acquisitions, and business strategy expertise. These appointments to TeamSec's corporate governance team will play a pivotal role in shaping the future infrastructure of capital markets and propelling the company to greater heights. TeamSec raised $7.6 million earlier this year to scale its AI-powered securitization platform and accelerate growth across the MENA region. The investment was led by Deniz Ventures, the venture capital fund of DenizBank established under the Emirates NBD Innovation Fund—the Corporate Venture Capital arm of Emirates NBD Group—and Rasmal Ventures, a leading Doha-based venture capital firm. TeamSec is committed to providing working capital and liquidity solutions to banks, financial institutions, and nonbank financial institutions through its end-to-end AI-powered securitization platform. Learn more at opens new tab. About TeamSec TeamSec is a next-generation fintech and regtech innovator, delivering AI-powered capital optimization and working-capital liquidity solutions via a fully automated, end-to-end securitization and invoice-financing platform. Our cloud-native, machine-learning infrastructure digitizes the entire securitization lifecycle—from asset selection and SPV setup through issuance and investor reporting—enabling faster, more flexible, and compliant access to capital markets. Operating across Türkiye, the Gulf region, and the United Kingdom, TeamSec empowers financial institutions and corporates alike to issue asset- and mortgage-backed securities or scale through digital credit solutions with zero operational burden. For more information, visit Media Contact Pirix Media Visibility for Startupscigdem@ ### SOURCE: TeamSec Copyright 2025 EZ Newswire See release on EZ Newswire
Zawya
7 days ago
- Business
- Zawya
TeamSec welcomes distinguished finance leaders: Unified leadership, global ambition
TeamSec has appointed three distinguished executives to its Board of Directors, together bringing over 90 years of global experience: Former CEO of ICD Ayman Amin Sejiny, Rasmal Ventures Partner Alex Wiedmer and Neeraj Makin, the Senior Executive Vice President at Emirates NBD. TeamSec is an AI-powered next-generation fintech and regtech company offering solutions in capital optimization and working capital liquidity. Its services are delivered through a fully automated, end-to-end securitization and invoice financing platform. Rapidly becoming a key player in its industry, TeamSec is strengthening its leadership team with executives who have a proven track record on the global stage. In this new era, TeamSec strengthens its leadership with the appointment of Ayman Amin Sejiny as Vice Chairman and the addition of Alex Wiedmer and Neeraj Makin to the Board of Directors. Corporate and Investment Banking: Ayman Amin Sejiny having above 30 years of experience. Ayman Amin Sejiny brings more than 30 years of leadership in corporate and investment banking. He has served as CEO of Barclays Saudi Arabia, Ibdar Bank, Alkhair Bank (formerly Unicorn Investment Bank), and—most recently—the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank Group, which spans 55 member countries, maintains LOF relationships with 120 banks, and manages a portfolio of private-equity investments. Earlier in his career, Sejiny held corporate-banking roles at Citibank and the Saudi affiliate of ABN AMRO. Throughout these assignments, he has driven strategic growth and forged partnerships in e-commerce, cash-management, and cutting-edge fintech solutions. A Venture Capital Veteran with 25 Years of Experience: Alex Wiedmer Joining TeamSec's Board of Directors, Alex Wiedmer is recognized for his more than 25 years of venture capital experience across Europe, North America, and the MENA region. Currently a Partner and Director at Qatar-based Rasmal Ventures, Wiedmer was previously a long-time partner at Paris-based Iris Capital. During that time, he also served on the investment committee of STC Ventures, a pioneering VC fund in the Gulf region that achieved top decile returns. With a strong track record in venture capital and entrepreneurial finance, Wiedmer has made over 60 investments in more than 50 companies to date. A Strategist Shaping the Future of Banking: Neeraj Makin Another new addition to the Board of Directors is Neeraj Makin, who serves as Group Head of Strategy, Analytics and Venture Capital at Emirates NBD and is a member of the Executive Committee. Makin has shaped the bank's long-term growth strategies and led major acquisitions, including BNP Paribas Egypt and DenizBank in Turkey. He also spearheaded the bank's international expansion by securing branch licenses in Saudi Arabia and India. In addition, he leads the corporate VC fund that invests in advanced analytics centres and promising fintech start-ups. With a background at EY and McKinsey, Makin brings deep expertise in mergers, acquisitions, and business strategy. These appointments to TeamSec's corporate governance team will play a pivotal role in shaping the future infrastructure of capital markets and propelling the company to even greater heights.
Mid East Info
21-05-2025
- Business
- Mid East Info
Emirates NBD GenAI Summit brings together industry leaders to discuss the future of GenAI-powered finance - Middle East Business News and Information
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, hosted the second edition of its flagship event, Emirates NBD GenAI Summit at the Ritz Carlton DIFC. The event convened global technology experts, industry leaders and innovators from OpenAI, Amazon Web Services, McKinsey & Co, and others to explore the transformative potential of Generative AI (GenAI) in financial services and its growing impact on Emirates NBD. Held during Dubai AI Week, the summit served as a platform for in-depth discussions, knowledge sharing, and collaborative exploration of GenAI's role in elevating customer experience, driving operational efficiency, strengthening risk management, and enabling innovation at scale. The event also underscored the bank's ongoing efforts to embed GenAI capabilities and fluency across its workforce. Miguel Rio-Tinto, Group Chief Digital and Information Officer at Emirates NBD said: 'We are proud to host our second annual Emirates NBD GenAI Summit, which highlights the growing importance of Generative AI and the immense possibilities it holds. As GenAI becomes increasingly embedded in Emirates NBD's operations, we remain focused on further developing our infrastructure and forming strategic partnerships with leading hyperscalers to truly unlock the value of GenAI and stay at the forefront of this dynamic evolution.' The summit featured keynotes and panel discussions led by Emirates NBD executives and global industry experts. These offered insights into responsible GenAI development, ethical considerations, and emerging trends redefining the financial landscape. The summit also showcased how GenAI is being embedded into the bank's digital DNA, inspiring employees to explore scalable use-cases and accelerate the adoption of GenAI within the bank. Emirates NBD has made significant investments in GenAI technologies to enhance its customer service, employee support, and business operations. These investments aim to deliver more personalised and responsive customer services, enable better tools and workflows for employees, strengthen risk and compliance capabilities, and improve overall operational efficiency through automation. Since 2024, Emirates NBD has implemented several GenAI-powered solutions across its operations, guided by its AI governance framework and guardrails. These include intelligent call assistants for frontline staff, smart legal document summarisation tools, and advanced capabilities to support customer interactions and ESG stakeholder conversations. These implementations reflect the bank's approach to moving beyond generic applications by tailoring the technology to solve deeper role-specific problems, unlock better decision-making insights and drive unprecedented efficiency. Neeraj Makin, Group Head of Strategy, Analytics & Venture Capital at Emirates NBD, said: 'We are thrilled to embark on this exciting journey as part of our ongoing organisation-wide transformation. Specifically, the integration of Generative AI into our traditional AI models represents a pivotal advancement for our organisation. By harnessing the power of GenAI, we are poised to revolutionize our decision-making processes and significantly enhance the performance of our AI models. Embedding Gen AI will lead to unlocking new levels of intelligence, agility and customer centricity which will help us drive unprecedented levels of efficiency and innovation, positioning us at the forefront of our industry.' As part of the bank's broader adoption strategy, Emirates NBD is embedding GenAI fluency across its workforce. This involves building knowledge and fostering a GenAI-driven decision-making culture at all levels of the organisation. By democratising access to the latest GenAI tools and insights, Emirates NBD is equipping its employees with the capabilities to leverage these technologies in their day-to-day roles. The Emirates NBD GenAI Summit reinforced the bank's commitment to embracing cutting-edge technologies and offered a glimpse into the bank's strategic approach to value identification and implementation of use cases through interactive demonstrations. Looking ahead, Emirates NBD will continue to invest in its AI ecosystem, expand use cases, and strengthen internal capabilities to adapt to rapid technological changes. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
Mid East Info
13-05-2025
- Business
- Mid East Info
SC Ventures and Emirates NBD announce MoU to explore strategic innovation in MENA - Middle East Business News and Information
The strategic partnership seeks to create innovation initiatives within the region in financial services Memorandum of Understanding was signed at Dubai FinTech Summit by SC Ventures and Emirates NBD Dubai, United Arab Emirates, May 2025: SC Ventures, the innovation, FinTech investment, and venture-building arm of Standard Chartered, has signed a Memorandum of Understanding (MoU) with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to explore strategic opportunities for collaboration. The collaboration outlines the intent of both parties to jointly explore innovation-led initiatives, support ventures in the Middle East and North Africa region, explore investment opportunities, tapping into their respective portfolios, capabilities and market insights. The partnership will focus on identifying synergies across digital innovation, strategic partnerships and venture co-creation in financial services. 'SC Ventures was founded on the vision of rewiring the DNA of banking and building an ecosystem to support this goal. The MoU with Emirates NBD brings together two forward-looking institutions with a shared ambition to accelerate innovation and unlock new value in the MENA region,' said Gautam Jain, Operating Member, SC Ventures. Neeraj Makin, Group Head of Strategy, Analytics, and Venture Capital at Emirates NBD, said: 'Innovation is a cornerstone of everything we do at Emirates NBD. This partnership with SC Ventures directly meets our goal of driving innovation in banking and strengthening our commitment to transform the landscape by creating new opportunities for growth in financial services in the region. This will lead to smarter, intuitive and secure banking experiences for our customers.' The initiative announced at Dubai FinTech Summit also reflects the UAE's growing role as a global hub for financial innovation and its commitment to fostering collaboration within the sector to shape the future of banking and financial services in the region. By bringing together two institutions with a strong track record of innovation and market leadership, the MoU aims to catalyse meaningful progress in digital transformation and regional FinTech development. About SC Ventures: SC Ventures is a business unit that provides a platform and catalyst for Standard Chartered to promote innovation, invest in disruptive financial technology and explore alternative business models. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As of 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
