John Saad

Source: LinkedIn

Contact Financial Holding, the parent company of auto marketplace ContactCars.com, has appointed John Saad (above) as CEO. He takes over from Said Zater.

Saad commented: “I look forward to driving excellence by prioritizing customer-centricity and developing innovative financing solutions.”

Saad is the co-founder and former CEO of AI startup AIM Technologies. He resigned as CEO and became chairman of the company after joining Contact Financial Holding.

Prior to that, he was CEO for MENA (the Middle East and North Africa) at streaming service IFlix. Earlier in his career, he had two stints at Vodafone and was chief consumer officer at Saudi Arabia-based mobile phone network Mobily.

Contact Financial Holding provides auto loans and leasing services, as well as mortgages and insurance.

ContactCars.com is one of Egypt’s leading auto marketplaces with more than 1.2 million monthly users. It offers a range of digitised services for buying, selling, financing and insuring vehicles to both individuals and dealers.