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Nabil Kabbani is currently the CEO for a global e-commerce payment processor that is growing through acquisitions and currently processing over $300MM in business. He is redefining the mission, strategy, structure and markets for this processor, integrating acquisitions, creating alternative payment solutions and targeting to double the business in 2011 to capitalize on the explosive growth in digital goods, games, social networking and other internet services.Previously, Nabil was General Manager of Vigo and Orlandi Valuta at Western Union (WU), Nabil Kabbani lead the organization globally to develop the business and implemented a global strategy that complements the Western Union product offering and positions Western Union to compete more effectively. He turned around the business from double-digit negative growth to over 25% of YOY growth by redesigning the channel management approach, fine-tuning the product, expanding the correspondent network and launching operations in Europe. He also helped develop a mobile and prepaid strategy for the business.
Nabil also contributes to the organization of the annual International Money Transfer Conference (IMTC), is a Meber of IMTC's Advisory Board and recently lead panels on mobile money, emerging payment channels and prepaid services.
Nabil also advised boards, startups and mature companies on the convergence of money transfer and disruptive payment technologies and channels.
Prior to 2008, Nabil was President and Chief Executive Officer of Omnex Group, Inc., owner of the brands Uno, Giromex, BHD, Money24, Universal de Envios, Moneyda and Le's. Omnex is a financial services company providing money transfer and transaction processing services to the under-banked and underserved ethnic markets. During his tenure, Omnex acquired 9 money transfer companies globally and Mr. Kabbani was instrumental in the acquisition, integration and sale of the company.
Before Omnex Group, Nabil had a 10-year career at Western Union in different positions in operations, sales and regional leadership in the US, Beirut, Paris, Brussels and Dubai
Prior to Western Union he had a wide range of banking experiences and helped start one of the first credit card operations in Lebanon.
He holds a Masters Degree in Banking and Finance from the American University and an Economics undergraduate degree from St. Joseph University. In addition, he has participated prominent leadership and management program at Harvard Business School, MIT and the Leadership Institute throughout the course of his career. Mr. Kabbani is fluent in English, French and Arabic, conversant in Spanish and has a basic knowledge of Russian.
