Nuvei announces senior executive reshuffle

Rick Steves

“I am delighted to welcome Yuval, Praful and Netanel into their new roles, which align with our long-term business strategy and pave the way for an exciting future for our company, our employees, partners and businesses we serve.”

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Nuvei has made senior leadership team enhancements starting with the promotion of Yuval Ziv from Managing Director of Digital Payments to President, in a newly-created role.

The global payment technology provider also appointed Praful Morar, Nuvei’s Chief Strategy Officer in Digital Payments, as Global Expansion Officer. Netanel Kabala was appointed Chief Data and Analytics Officer.

Mark Pyke, President, North America, will retire at the end of March. His role will not be replaced.

Yuval Ziv, Praful Morar, Netanel Kabala

Yuval Ziv will lead worldwide product, sales, marketing, client engagement, and artificial intelligence-led capabilities at Nuvei,

He has been with the Nuvei group of companies for the past 15 years driving payments technology development across multiple industries, having joined from SafeCharge, acquired by Nuvei in 2019, where he served as Group Chief Commercial Officer and Group Chief Operational Officer following a number of risk and compliance, and business development roles.

Relocating from London, United Kingdom, to Singapore in his new role as Global Expansion Officer. Praful Morar will be responsible for driving Nuvei’s international growth in target markets across Asia Pacific, the Middle East and North Africa.

Netanel Kabala, Nuvei’s Chief Data and Analytics Officer, is a co-founder of Israeli fintech startup Simplex which Nuvei acquired in September 2021.

He will spearhead Nuvei’s data and analytics, risk scoring and modeling as the Company continues to grow data-led services through its leading-edge technology while responding to the evolving real-time payment needs of businesses and merchants around the world.

Philip Fayer, Chair and Chief Executive Officer at Nuvei, commented: “I am delighted to welcome Yuval, Praful and Netanel into their new roles, which align with our long-term business strategy and pave the way for an exciting future for our company, our employees, partners and businesses we serve.”

“Their appointments strengthen our senior management team and support our momentum as we focus on powering commerce for a global customer base and accelerating our product innovation with a focus on high-growth verticals in fast-growing markets. I would also like to thank Mark personally and on behalf of Nuvei for his service, and wish him all the best in his retirement.”

Nuvei’s pay-in and payout capabilities connect merchants with their customers in over 200 markets worldwide, with local acquiring in 45 markets. The fintech supports over 500 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies.

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