Crypto banking just got serious because Fasset hired a heavy hitter to run things. The platform tapped Rafiza Ghazali as Managing Director for Consumer Banking to speed up their stablecoin projects. This move follows provisional approval from Malaysian regulators to launch the world's first Islamic digital bank built on stablecoins. Management wants her to drive the rollout of regulated services for everyday users and small businesses.
Ghazali brings two decades of experience across central banking and capital markets. She previously built KAF Digital Bank from scratch, giving her rare expertise in launching digital financial institutions within Southeast Asia. Her new job involves scaling operations globally under the Labuan regulatory framework while handling retail and trade finance segments.
Fasset currently boasts massive numbers with one million app downloads last year and billions in annualized volume. CEO Mohammad Raafi Hossain praised her ability to navigate Islamic finance laws while executing complex banking strategies. He believes her background fits perfectly with their goal of creating a trusted infrastructure that serves global aspirations without ignoring local needs.
Before this gig, she ran Cradle Fund Sdn Bhd and held senior spots at major financial outfits like RHB Investment Bank and Bank Negara Malaysia. That history suggests she knows exactly how to make government ministries and private investors happy simultaneously. Basically, she acts as the bridge between wild crypto ambitions and strict regulatory compliance.
Ghazali brings two decades of experience across central banking and capital markets. She previously built KAF Digital Bank from scratch, giving her rare expertise in launching digital financial institutions within Southeast Asia. Her new job involves scaling operations globally under the Labuan regulatory framework while handling retail and trade finance segments.
Fasset currently boasts massive numbers with one million app downloads last year and billions in annualized volume. CEO Mohammad Raafi Hossain praised her ability to navigate Islamic finance laws while executing complex banking strategies. He believes her background fits perfectly with their goal of creating a trusted infrastructure that serves global aspirations without ignoring local needs.
Before this gig, she ran Cradle Fund Sdn Bhd and held senior spots at major financial outfits like RHB Investment Bank and Bank Negara Malaysia. That history suggests she knows exactly how to make government ministries and private investors happy simultaneously. Basically, she acts as the bridge between wild crypto ambitions and strict regulatory compliance.
