Muhammad Ali Albakri has been appointed senior vice president for customer, financial and digital services at the International Air Transport Association (IATA).
Since January 2017, Albakri held the role of regional vice president for the Africa and Middle East region.
Succeeding Aleks Popovich, Albakri is now responsible for IATA’s financial settlement products and services. He will be expected to process more than $450 billion of industry every year.
His responsibilities also include strengthening IATA’s client and customer activities, along with the company’s digital transformation initiatives for the benefit of the aviation industry.
IATA’s Director General and CEO Alexandre de Juniac said Popovich left behind a great team with a clear focus on customer service that will continue to drive critical changes under Albakri’s capable leadership.
The company’s website described Albakri as “an agent of change,” who will transform the MENA team to better serve member needs and pioneer the work of IATA’s digital transformation advisory council.
“Albakri is well prepared to guide the development of IATA’s commercial offerings, settlement services and digital leadership,” de Juniac said in a statement. “In normal times, these are critical functions, even more so in the middle of an industry crisis.”
Albakri previously worked for Saudia, the Kingdom’s national flag carrier, and served as its vice president of information technology. From 2009 to 2016, he was in charge of strengthening the company’s technology infrastructure and modernizing its financial practices. Albakri earned his bachelor’s and master’s degrees in information sciences from the University of Pittsburgh.
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