Sign In

Rakhil Fernando

Corporate Officer and Fintech Innovator at Daraz

Rakhil Fernando is the Chief Executive Officer (CEO) of YABI, a company focused on building e-commerce in South Asia.1 He recently took on this role, succeeding the founder and former CEO Ambareen Musa.3

Professional Background

Prior to joining YABI, Rakhil Fernando held significant positions in other companies:

  1. Daraz Group: He served as the Chief Corporate Affairs Officer at Daraz, which is part of the Alibaba Group.2
  2. Alibaba: Fernando has experience working with Alibaba, which likely contributed to his expertise in e-commerce.3

Recognition

In 2023, Rakhil Fernando was named the South Asian representative torchbearer for the 19th Asian Games, highlighting his prominence in the region's business community.2

Current Role

As the CEO of YABI, Fernando is likely leveraging his extensive experience in e-commerce and corporate affairs to drive the company's growth and expansion in the South Asian market. His background with major players like Alibaba and Daraz positions him well to lead YABI's e-commerce initiatives in the region.13

Highlights

Aug 21 · linkedin

🌟 Exciting News! 🌟

I’m thrilled to announce that I’m joining YABI as Chief Executive Officer!

Yabi is at the forefront of promoting financial inclusion and literacy across the MENA region. By making financial services more accessible and understandable, Yabi has empowered countless individuals and businesses in the region.

Financial literacy is critical in today’s world, and Yabi’s mission aligns perfectly with the growing need for inclusive financial systems. I’m eager to work closely with the incredible team at Yabi to expand our market share and solidify our position as the leading financial services technology platform in the Middle East.

Let’s make financial empowerment a reality for all! 💪

#FinancialInclusion #Fintech #FinancialLiteracy #MiddleEast #YabiMoney #Leadership #FintechInnovation #FinancialServices #Yabi

Jul 31 · linkedin

Saudi Arabia is revolutionizing its financial landscape with a dynamic fintech sector fueled by tech-savvy youth, Vision 2030, and a surge in venture capital. With only 30% of the country financially literate, this wave is bridging financial inclusion gaps, empowering women, boosting financial literacy, and drawing global crypto interest. With recent VC activity from global and regional players like Golden Gate and Leo Capital, the Kingdom is set to become a global fintech powerhouse.

Here's my two cents.

#Fintech #SaudiArabia #Vision2030 #Innovation #FinancialInclusion #Crypto #TechRevolution

Related Questions

What are Rakhil Fernando's key achievements at YABI?
How did Rakhil Fernando transition from Daraz to YABI?
What is Rakhil Fernando's background before joining YABI?
What strategies is Rakhil Fernando implementing at YABI?
How has Rakhil Fernando's experience at Alibaba influenced his leadership at YABI?
Rakhil Fernando
Rakhil Fernando, photo 1
Rakhil Fernando, photo 2
Add to my network

Experience

Group Chief Corporate Officer at Daraz, Alibaba Group (May 2023 - Present)
Managing Director at Daraz, Alibaba Group (June 2019 - May 2023), Habitat for Humanity (December 2020 - Present), Koko (January 2020 - May 2023)

Education

Bachelor of Science (BSc) in Aerospace Engineering from Embry-Riddle Aeronautical University (2001 - 2005)

Location

Dubai, United Arab Emirates