NEC Payments has today announced that Ms. Saloni Prasad has joined the company management team in the role of Head of Compliance and MLRO.
Ms. Prasad is a highly-qualified compliance executive with extensive experience in managing compliance and anti-money laundering for licensed and regulated financial services companies. She has held Approved Person status with Central Bank of Bahrain for Compliance and MLRO functions since 2013. Ms. Prasad will also be representing NEC Payments at industry forums including the founding partner’s compliance working group at Bahrain FinTech Bay.
Commenting on the announcement, Andrew Sims, CEO of NEC Payments said “As a principal member of Mastercard and a Payment Services Provider and Card Processor licensed and regulated by Central Bank of Bahrain, maintaining compliance with the local and international regulatory standards, and implementing control frameworks for Know Your Customer, Anti-Money Laundering and Counter Financing of Terrorism, is a central function of the company. We are delighted to welcome Saloni to the team and are looking forward to the positive impact that she will have on our compliance operations, additionally we shall be leveraging her knowledge as a trusted advisor to the product development team as we continue to enhance and extend the functionality delivered by the compliance modules that form a part of our integrated digital banking and payment processing technology platform.”
Ms. Prasad said “Joining NEC Payments is an exciting next step in my career that will enable me to apply my skills and experience to the dynamic FinTech segment, and to contribute to the stability and maturity of the company as it grows internationally.”