Follow Nabil in Tweeter for updated news on the MT Industry: @nabilkabbaniNabil Kabbani is currently the CEO of Account Control Technology, Inc. (ACT) succeeding the company's founder
Dale Van Dellen. ACT is recognized as one of the 5000 fastest growing private companies by Inc. magazine ( Ranked # 2434) and is a national leader in debt management solutions for education, government, and consumer entities. ACT is a private corporation, wholly-owned by its original founders.
Previously, Nabil was CEO for a global e-commerce payment processor ($300MM in business) capitalizing on the explosive growth in digital goods, games, social networking and other internet services. Before that, he was the General Manager of Vigo and Orlandi Valuta at Western Union (WU), Nabil 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.
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.
Nabil also contributes to the organization of the annual International Money Transfer Conference (IMTC), is a Member of IMTC's Advisory Board and leads panels on mobile money, emerging payment channels and prepaid services.
Nabil advises boards, startups and mature companies on the convergence of money transfer and alternative payment technologies and channels.