Benefit, Bahrain's leading company in fintech and electronic financial transactions service, has chosen  Muna AlHashemi as Chairperson of its Board of Directors. It marks a historic milestone as she will be the first woman to assume this position in the company’s history.

 

The appointment was made at Benefit's Ordinary General Meeting and Extraordinary General Meeting convened on Wednesday at the company’s headquarters in the Seef District.

 

The new board will also include: Nabeel Mustafa (Vice Chairman); Shaikh Salman bin Isa Al Khalifa, Yusuf Al Fadhel, Alaa Bushehri, Ahmed Taqi, Samih Abutaleb, Khaled Abi Khalil, Mohamed Buhejji and  Samir Rabadi.

 

During the Ordinary General Meeting, shareholders approved the minutes of the previous meeting held on 26 March 2025.

 

The meeting agenda included the election and appointment of a new Board of Directors for the 2025–2028 term, following the conclusion of the current Board’s mandate.

 

AlHashemi stated: “Assuming the role of Chairperson of the Board of Directors is a profound source of pride and honour for me. The trust placed in me by the shareholders and fellow board members carries great responsibility and inspires me to continue the path of growth and development, while further strengthening the company’s standing as a leading player in the finTech sector.

 

"I would also like to extend my sincere gratitude and appreciation to the previous board for their achievements and significant contributions that have reinforced the company’s position and advanced its operations. I am committed to working closely with my colleagues on the board in a spirit of teamwork to continue driving success, fulfilling the aspirations of our shareholders, and keeping pace with the future directions of the financial sector in the Kingdom of Bahrain and across the region.”

 

Mohamed Ebrahim Albastaki, Chairman of the outgoing Board of Directors, extended his gratitude to the members of the Board of Directors, the executive management, and the company’s shareholders, acknowledging their continuous support and trust, which serve as the driving force behind the company’s ongoing success and as the foundation that sustains its leading position in the field of FinTech, payment services, and electronic financial transactions.

 

Abdulwahed AlJanahi, Chief Executive of Benefit, commented: "The resolutions passed by the General Meeting reflect the confidence of shareholders in the company’s strategy and its capacity to deliver sustainable growth. We remain fully committed to advancing the national payments ecosystem and fostering innovation in digital financial services. In line with the Company’s plans and the strategic directives of the Central Bank of Bahrain, we will work closely with the new Board to anticipate future opportunities, strengthen collaboration across multiple sectors, achieve customer satisfaction, and ensure that Benefit continues to play a pivotal role in driving digital transformation in the Kingdom of Bahrain.” -TradeArabia News Service