Xpress Money, Instant Money Transfer

Xpress Money strengthens its senior management team

~ Mr. Arvind Mylar assumes the role of Vice President, Business Development – MENA and South Asia ~

Dubai, June, 2014: Xpress Money, the world’s most dependable money transfer brand, has announced a strategic development within its senior management team in the region. Mr. Arvind Mylar who was previously responsible for the brand’s South Asia business, has now assumed a larger role of Vice-President, Business Development - MENA and South Asia (MENASA).

Arvind is a seasoned professional with over 18 years of experience in the financial industry and has been with Xpress Money for over four years now. Having lived and worked in the UAE previously, Arvind precisely understands the nuances and the intricacies of the region. He will be based in Dubai and will drive the business of all his regions from the UAE. In the capacity of his new role, Arvind will enhance Xpress Money’s presence to new geographies in these regions, whilst fortifying the brand’s foothold in existing markets. In MENA AFPAK specifically, he will be responsible for expanding the Xpress Money network through strategic partnerships and alliances.

Speaking about this new development, Mr. Sudhesh Giriyan, Vice President & Business Head, Xpress Money said, “We are happy to have - Arvind Mylar, take on this larger role; a strategic decision taken by the management in line with our business objectives. Arvind’s direction and insights have highly contributed to the success of our operations in South Asia and we are certain that he has a strategic plan in place that will help to further grow these new regions he is responsible for. I wish him all the very best as he commences this new chapter at Xpress Money.”

Talking about this new role, Mr. Arvind Mylar said, “South Asia and MENA are important regions for the remittance business, as migration from and to countries in these regions, sees an uphill trend. This is a very exciting time to be a part of the remittance industry and I look forward to this opportunity and exciting challenge that has come my way. Each of us at Xpress Money, across regions are constantly striving towards one common goal - of being present in every country on earth by the end of 2015 and all my synergies too are directed to that goal”.

-ENDS-

About Xpress Money:

Xpress Money is a global money transfer brand with a thriving presence in more than 150 countries in 5 continents across 170,000 agent locations. Working towards the goal of Bringing Home Closer to millions of migrants residing away from their homes, Xpress Money has come to be known as the most dependable international money transfer brand. Xpress Money provides its customers a simple, fast & safe way to transfer money through innovative technology, superior customer service and its extensive worldwide network. For more information, follow us on
Facebook: facebook.com/xpressmoney, Twitter: @Xpress_Money or visit www.xpressmoney.com