Remitly Names Saema Somalya as General Counsel, Expands Board Strength with Bora Chung Appointment
Summary
There’s no more urgent time than now for us to double down on our mission to provide the most transformative financial services products for immigrants, and Saema and Bora’s expertise will be extremely valuable as we seek to do so,” said Remitly CEO Matt Oppenheimer. “We also deeply value the diverse and lived immigrant perspectives they each bring to our leadership.” Somalya has extensive experience leading complex global transactions and advising corporations on governance, ESG and securities legal matters. Founded initially to disrupt the nearly $600 billion global remittance industry, Remitly’s vision is to transform the lives of millions of immigrants and their families with the most trusted financial services products in the world. The mobile-first provider of remittances and financial services for immigrants, Remitly makes international money transfers faster, easier, more transparent and more affordable through its global network. Remitly’s reliable and easy-to-use mobile app eliminates the long wait times, complexities and fees typical of traditional remittance processes, returning millions of dollars in savings and spending power to immigrants every year.