KyribaLive Exchange summit in Riyadh: empowering financial leaders
Event was conceived to highlight innovation and thought leadership through a single theme: 'Accelerate Actions. Exceed Expectations.'
KyribaLive Exchange took place on October 2 in Riyadh and was the Middle East edition of a series of key Kyriba events globally for treasurers, CFOs, and finance leaders. The day also saw a number of important business and branding announcements by the Kyriba team.
According to the event website, KyribaLive Exchange was conceived to highlight innovation and thought leadership through a single theme: ‘Accelerate Actions. Exceed Expectations.’ The event, which took place at the InterContinental Riyadh, featured Kyriba’s top executives alongside influential speakers, thought leaders, and both existing and new customers.
Over 130 CFOs, Treasurers, and Finance Leaders were present to hear insights into the latest advancements in liquidity performance, treasury management, and the broader trends affecting the office of the CFO and finance teams across key industries. The day began with a kick-off session about new developments in Kyriba KSA, led by Amer Chebaro, Sales Leader CEMEA, Kyriba and Bruno Ferreira, Chief Revenue Officer, Kyriba.
Following the kick-off, Kyriba’s Product Roadmap was unveiled by Chief Technology Officer Boris Lipiainen, showcasing Kyriba’s upcoming innovations and strategic advancements aimed at empowering treasurers and finance leaders with cutting-edge tools for liquidity management, risk mitigation, and digital connectivity.
A “fireside chat” followed, on ‘The Key of Digitalization; Connectivity. Today and tomorrow.’ This featured thought leaders Levent Coskuner, Managing Partner/Business Consultant, ELC Strategy; Thomas Mickael, Head of Corporates & Partnerships – MEA, Türkiye & CIS/Country Manager – Morocco & Mauritania, SWIFT and Ali Khakwani, Head of Digital Solutions & Advisory, SAB. This engaging discussion highlighted the importance of connectivity in treasury, emphasizing digital transformation and seamless global transaction networks for future-ready finance teams.
The major segment of the morning was a panel discussion titled ‘Industry Focus – Top 5 Concerns Impacting Treasury Today Across All Industries.’ Moderated by Dr. Tamer Elsayed, CFO of the FII Institute, the panel featured prominent experts: Hady Zayed, Group Treasury Director, MENA, Saudi German Hospital Group; Mohammad Khattab, Chief Corporate Treasury Officer, Alfanar and Umar Tariq Pirzada, Business Planning Strategy & Transformation Director, Almajdouie Motors Company (part of Almajdouie Group). Key concerns discussed included liquidity optimization, cash flow forecasting, risk management, and strategies to tackle the evolving challenges in treasury.
The afternoon at KyribaLive Exchange began with ‘Payment Fraud and Kyriba Support – Hear it from our customers | Life Before & After Kyriba,’ where leaders shared their experiences on the impact of Kyriba’s solutions on fraud prevention and improvements in cash management. The session featured contributions from Rana Y Jan, Senior Manager, Bank Relations & Cash Management, Nahdi; Shahid Abdulrazzak, VP finance, Saudi Tabreed; Michal Czerniecki, Head of Solution Engineering, CEMEA, Kyriba; Omar Shariff, Senior Solutions Engineer, CEMEA, Kyriba.
New Kyriba announcement
At the event, Amer announced the launch of a new state-of-the-art data center in the Kingdom of Saudi Arabia in Q1 of 2025. This expansion supports the Kingdom’s 2030 vision and emphasizes Kyriba’s commitment to digital transformation, innovation, and sustainable regional growth. The new data center will ensure full compliance with the Kingdom’s regulatory mandates for data residency, empowering CFOs and treasurers with the confidence to optimize their liquidity performance.
“Saudi Arabia’s compliance regulations require that data be stored domestically, and our new data center will help our customers meet these requirements” said Amer Chebaro. “This investment also underscores our commitment to supporting our clients’ digital transformation while helping them improve their overall liquidity performance.”
More about Kyriba
Kyriba empowers CFOs and their teams to transform the way they activate liquidity as a real-time, dynamic vehicle to grow and create business value, while protecting against financial risk. From midsize companies to Fortune 500 multinationals, and 25 million payments processed daily, Kyriba’s platform connects internal treasury, risk, payment and working capital applications to vital external sources such as banks, ERPs, trading platforms and market data providers. Based on a secure and scalable SaaS platform that uses artificial intelligence, Kyriba enables thousands of businesses around the world to maximize growth opportunities, protect against losses from fraud and financial risk, and reduce costs through advanced automation. Kyriba is headquartered in San Diego, with offices globally.
