Zahid Kalolwala

Zahid Kalolwala (Membership Director) has over two decades of domain experience and is a seasoned C-level cool-headed and pragmatic business leader with expertise in Banking, Remittances, Payments, Digitization, Fintech and Financial Services. Zahid is passionate about transforming businesses, disrupting status quo, bringing new ideas to fruition and shaping future leaders. Zahid has lived and worked in UAE, Kuwait, UK, Hong Kong, India & most recently in Saudi Arabia and traveled to over 70 countries across 5 continents, managing multi-country P&Ls and leading global teams, including for big conglomerates and MNCs like MoneyGram, Travelex, WallStreet, Al Ghurair and Al Rajhi Bank.

In his leadership positions, though mainly focused on business, Zahid has had several opportunities to work closely with anti-fraud professionals who work in diverse financial crime disciplines, including AML, enforcement, anti-corruption, anti-fraud, data analytics and cyber security. Zahid holds CFE, CFS, CAMS, CAME, CRCSP, GRCP, MICA and few other fraud and compliance certifications. An alumnus of Indian Institute of Management (IIMA), Zahid has attended several physical and virtual workshops, courses and discussions at premier global institutes like Oxford, Harvard, MIT, Said Business School, Google, LinkedIn, IBM, RCA, UNODC, HKU and CFTE. For his valuable and continuous contribution to the society and the industry at large, several global and reputed institutes and universities have conferred Zahid with Honorary Doctorates.

Zahid is an Indian national happily settled with his mother, wife and two kids in Riyadh Saudi Arabia. He is currently employed as Senior Director & Digital Advisor at Al Rajhi Bank, the largest Islamic bank in the world.