Al Ansari Exchange, a leading provider of worldwide remittance and foreign exchange services, is gearing up for growth and development in 2010, in line with its goal to establish a total of 100 branches across the UAE within the year. As part of the leading exchange house’ efforts to achieve the targets it has set for the current year, Rashed Ali Al Ansari has been named as the company’s new General Manager in charge of administration at the head office, and is tasked to focus on growing the company’s operations and strengthening its partnerships with over 150 correspondent banks and agents worldwide.
The former CEO and Vice-President of ‘Dubai Industrial City’, Rashed Ali Al Ansari brings with him a wealth of knowledge and 10 years of experience, having been credited for attracting key clients and international brands to the emirate of Dubai. A member of the ‘Mohammed Bin Rashid Leadership Program’, the new GM holds a bachelors degree in Engineering and Masters in Business Administration from Leads University Business School in the UK. His extensive experience in managing massive business operations will add strength to the growing ambitions of the company.
“Now is truly an exciting time for the service industry, and to be entrusted with this responsibility is both a tremendous challenge and an excellent opportunity,” said Rashed Al Ansari. “We will be building on the success achieved so far through business innovation and employing new technologies as we strive to launch our 100th branch in the near future. This will define a new milestone for Al Ansari Exchange as it widens its footprint to be closer to its customers and compete to become the leader in worldwide remittance and foreign exchange services.”
Mohammad Al Ansari, Managing Director, Al Ansari Exchange welcomed the new appointment by stating that “Our confidence for the market in the year ahead is underlined by our intensive efforts to streamline our operations and expand our partner network in our bid to leverage the forthcoming opportunities. With the appointment of our new General Manager, we are expecting great developments in our business not only in terms of revenues but also as far as operational growth and brand loyalty is concerned. We have high expectations from our new GM, and we are positive that he will lead the team to new successes in the future,”
