Changing the Future of Financial Services
Changing the Future of Financial Services

Changing the
Future of
Financial Services

Changing the Future of Financial Services

Crafting the most forward-thinking global financial and professional services destination. By adopting familiar and tested regulations, next generation technology and sustainability-focused financial centers – an open, inclusive, and interoperable platform will emerge to support innovation and stability. For value creation is the new currency of exchange.

  • Progressive laws and regulations


    Progressive laws and regulations

  • Sustainable finance


    Sustainable finance

  • New age investment models


    New age investment models

  • Easy access to finance


    Easy access to finance

  • Cashless transactions


    Cashless transactions

  • Artificial intelligence products


    Artificial intelligence products

  • Futuristic payment models


    Futuristic payment models

Hear from the experts

  • Layth Alshaiban
    Layth Alshaiban

    Head of Financial Services

    • 01

      Could you map out where financial and professional services sit in the grand vision for NEOM and how integral it is to the success of the project?

    • 02

      What are the world firsts your team is working on? And with NEOM aiming to be 100% cashless and financially inclusive with the highest environmental, social and governance standards – would you be able to map out what that means and how it's possible?

    • 03

      The mix of green finance and alternative investment models sounds like a winning combination. In simple terms, could you explain what that will look like on the ground?

    • 04

      How will progressive legal guidelines be utilised and what will they allow you to achieve?

    • 05

      What new opportunities for growth are opened up by a cashless society?

    • 06

      Accessible finance is an admirable goal. Do you expect NEOM's innovative blueprint to be followed by other nations?

    • 07

      What is the timeline for the delivery of your financial and professional services goals and objectives?

    • 08

      What is the legacy you want to leave for future generations?

    • 09

      Is there a popular misconception people have about NEOM?

    • 10

      How is daily life in the NEOM community right now?

    • 11

      For background, could you tell us more about your own profile and career?

    • 12

      The gravitational pull of NEOM as an undertaking is clear, but what was the clincher for you to join the project here in Saudi Arabia?

Our goals & objectives

  • 01

    Aim for 100 percent financial inclusion through seamless technologies and services

    The Financial Services sector will aim for universal access to financial services by achieving seamless end-to-end solutions, digital payments, advanced interfaces, biometric identification systems and other cutting-edge technologies.

  • 02

    Create a robust financial hub that encourages innovation of ideas and products

    The Financial Services sector aims to infuse the best practices with pioneering technologies to make NEOM a hub for entrepreneurial talent, creative financial solutions and new business models.

  • 03

    Become the global champion for green and ESG financing by creating the world’s leading green finance trading

    The Financial Services sector aims to infuse the best practices with pioneering technologies to make NEOM a leading facilitator and accelerator for emerging markets and a hub for entrepreneurial talent, creative financial solutions, fintech, and new business models.


Our people

NEOM is drawing knowledge from around the world to stimulate financial innovation and drive positive economic change. This expertise ensures NEOM can continue to innovate within the Financial Services sector.

  • Layth Alshaiban

    Head of Financial Services

    The Financial Services sector, headed by Layth Alshaiban, is working on building a 100% financially inclusive and cashless system. He has led multiple international enterprises in Saudi Arabia – including First Abu Dhabi Bank, QNB, BNP Paribas and Gulf International Bank.

  • Sunil Varhadkar

    Financial Platform Director

    Sunil Varhadkar has 25 years of experience as a venture builder and global digital platforms leader. Previously, he led teams at eBay, Yahoo, Microsoft and Visa – launching new markets, businesses and products in verticals across e-commerce, adtech, healthtech and fintech.

  • Rajesh Chakram

    Head of Technology Platforms & Products

    Rajesh Chakram has more than 20 years of international leadership experience in the technology industry, with deep expertise in incubating products and platforms for high-profile financial institutions. He previously held management positions at Cisco Systems and Servion Global Solutions.

  • Rawny Khadr

    Insurance Director

    Rawny Khadr has 20 years of experience managing a direct insurer and as reinsurer founder board member. He was also chairman of a third party administrator, vice-chairman of an insurance association and also developed greenfield usage-based-insurtech models – using AI, telematics and data analytics.

  • Ranad Moawad

    AML & KYC Director

    Ranad Moawad has a decade of experience in compliance and regulations, and is approved by the Saudi Central Bank and Capital Market Authority. Her expertise came from working in start-ups and international banks – such as BNP Paribas, Deutsche Securities and FAB as VP head of anti-money laundering.

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