MultiBank Group, one of the world’s largest financial derivatives institutions, has appointed Mohammed Al Hakim as Vice Chairman of MultiBank Group and CEO of MB.io, who will strengthen the Group’s global presence, lead MB.io into new international markets and oversee the expansion of MultiBank Exchange. The appointment supports the Group’s ambitions across financial markets, digital assets and financial technology.
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MultiBank Group, one of the world’s largest financial derivatives institutions, has appointed Mohammed Al Hakim as Vice Chairman of MultiBank Group and CEO of MB.io, who will strengthen the Group’s global presence.
Working directly with Naser Taher, Founder and Chairman of MultiBank Group, Al Hakim will strengthen partnerships with financial institutions, governments and sovereign wealth funds. His responsibilities include advancing the Group’s capabilities in real-world asset tokenisation, institutional trading and cross-border settlement solutions through MB.io, its cryptocurrency and digital asset trading platform, and MultiBank Exchange, the fastest matching engine in interbank trading history.
The appointment coincides with the launch of MultiBank Exchange, as MultiBank Group advances its strategy to build an integrated financial ecosystem connecting traditional financial markets with the digital economy. According to the Group’s disclosed figures, it has a reported valuation of US$32 billion (AED 117 billion) and has recorded trading volumes of US$450 billion (AED 1.65 trillion), with peak daily volumes reaching US$55 billion (AED 202 billion).
Al Hakim brings extensive leadership experience across government and international financial institutions. com, following a senior leadership role within the UAE federal government.
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