Ebury, the global financial services firm, is delighted to announce that Tom Davies has been appointed Managing Director of the Middle East & Africa. 

Tom has been at Ebury for close to 12 years. Throughout his tenure, he has held various leadership roles most recently in Switzerland and the UK & Ireland where he was Country Manager and responsible for all commercial activity. He was made a Partner in 2014. 

As part of his new role, Tom will relocate to Ebury’s office in the Dubai International Financial Center (DIFC), the leading and comprehensive financial ecosystem in the Middle East, Africa and South Asia (MEASA) region.

Ebury’s presence in the region has grown substantially and the team now numbers 36 people as it looks to capitalise on the significant opportunities across the Middle East and Africa, and has a long-standing track record of commitment and innovation within the DIFC.  

Ebury became the first company to be granted a Financial Services licence to carry out the regulated activity of providing Money Services from the Centre under the Dubai Financial Services Authority’s (DFSA) comprehensive Money Services Regime. It also expanded its Mass Payments division into this geography in 2021 via the DIFC’s innovation hub.

Ebury offers financial solutions to help SMEs and midcaps trade internationally. It specialises in international payments and collections, offers foreign exchange activity in over 140 currencies for both major and emerging markets, as well as cash management strategies, trade finance, and foreign exchange risk management.

Tom Davies, Managing Director – Middle East and Africa at Ebury, commented: “The Middle East and Africa offers a huge growth opportunity for Ebury. Wherever businesses are trading internationally, Ebury is able to offer a wide range of financial services that combine global reach with local presence and expertise.

“The Middle East and Africa are becoming increasingly prominent in global trade and there are strong corridors already in place between the two across a range of sectors from oil and gas to telecoms and infrastructure.

“I am excited to lead this team and take advantage of the huge possibilities that exist for Ebury to provide an outstanding service and help the exciting, innovative companies in the region prosper.”