Network Appoints Dr Reda Helal As MD, Processing Business

Network International, an enabler of digital commerce across the Middle East and Africa (MEA), has announced the internal appointment of Dr Reda Helal as Group Managing Director, Processing Business – Africa and co-head Group Processing.

In his new role, Network International says Dr Reda will be responsible for leading and growing a client-focused business unit serving financial institutions, fintech and payment partners across all African geographies served by the Group.

Dr Reda has been with Network International since 2007 and most recently served as Group Chief Sales Officer for Processing. He also helped launch the company’s business in the Kingdom of Saudi Arabia. Prior to that, he held various leadership roles in international banks across the Middle East, Africa and North America

“Dr Reda is passionate about payments innovation, financial inclusion and cashless societies. He brings over two decades of experience in digital payments, strategic planning and execution, new market entries and leadership practices in multinational payments organisations,” the company said in a press release.

Nandan Mer, Group CEO, Network International, said, “We are delighted that Reda will be leading our business in Africa. His experience in new market development and his understanding of the digital payments ecosystem will prove invaluable as we continue to grow and help drive digital commerce in support of this region’s businesses and economies. Reda’s passion and expertise are an excellent fit for Network’s vision of Africa’s cash-to-digital journey.

Reda Helal, Group Managing Director, Processing Business – Africa and co-head Group Processing, Network International, added, “I am honoured to be given this opportunity and work with a talented team to grow our services in Africa. I look forward to taking on this new challenge and continue delivering innovative digital payment solutions for our clients to serve the communities and economies we operate in better.”

Recently, Network International announced 31 per cent growth in year-on-year total revenue for H1 2022 with Africa growing 21 per cent year-on-year excluding DPO Group which Network International acquired in 2021 in a landmark deal for the African payments landscape.