Cover story: Why this man is seeking to create the ‘world’s largest digital bank’

Cover story: Why this man is seeking to create the ‘world’s largest digital bank’

If there has been one word that has now become a cliché for discussing the economy during the Covid-19 pandemic, it is arguably ‘digitisation’. The crisis forced companies to innovate and accelerated digital transformation plans. Every sector has had to adapt to changing consumer demands while also ensuring cost efficiencies.

“Digital transition has been the main focus during this past year and will remain a focal point for many industries and businesses in the future,” says Mountasser Hachem, CEO and founder of Monty Holding – the parent company of regional telecoms solutions provider Monty Mobile.

“It helped organisations overcome most of the challenges – not just those set by the pandemic. Without this major development, many companies and even industries would have experienced a distressed period. But the challenge resides in the ability to not just develop digitisation to meet current demands and improve services, but to also keep up with new future trends,” he elaborates.