Irish fintech company sets up Mideast HQ in Riyadh

SectorFinancial Services
CountrySaudi Arabia

“I am really excited to join Global Shares, a global fintech leader, which has reimagined technology solutions in the employee ownership space. It’s a niche market, where I get to continue working with software and fintech, while delivering digital transformation and a really great customer experience, which is core to business success,” Alherz said in a press statement. Alherz has more than 15 years’ experience in digital transformation and financial services and has previously worked with Saudi Aramco, Cisco and Oracle. The employee share options system was first established in Silicon Valley in California and offers staff the chance to acquire equity in the employer’s company.

It is often used as a way to incentivise employees of new and fast-growing companies, so they can earn a share of the company’s success. John Meehan, Global Shares Business Development Director, commented: “The Middle East is a region of huge strategic importance to Global Shares as more and more companies recognise more...