People365 Welcomes Mr. Fouad Assaf as New Board Member

Beirut, Lebanon – August 05th, 2024 – People365, a leading provider of comprehensive human capital management solutions, is delighted to announce the appointment of Mr. Fouad Assaf to its Board of Directors. With over 25 years of entrepreneurial and executive experience in corporate innovation, venture building, and digital transformation, Mr. Assaf’s expertise will greatly enhance People365’s strategic and operational excellence.

Mr. Assaf is a renowned executive known for his innovative approach to founding and leading ventures both domestically and internationally. As the Managing Partner of Nucleus Ventures, he has successfully driven the creation and management of numerous ventures & consulting missions, established over 10 Accelerators, and facilitated the graduation of more than 300 start-ups. His efforts have resulted in raising over $300 million USD and generating more than 2,000 jobs.

His extensive board experience includes positions on the boards of SMEs & Growth-stage companies and advising high-value EMEA companies.

In his new role at People365, Mr. Assaf will leverage his extensive experience to enhance the company’s strategic growth and operational efficiency. His deep understanding of venture building and digital transformation will be instrumental in driving People365’s innovation initiatives and expanding its market presence.

Mr. Fouad Assaf, Board Member at People365, stated: "I am thrilled to join People365's Board of Directors and contribute to its mission of transforming human capital management. This opportunity allows me to collaborate with a dedicated team, driving strategic growth and operational excellence. Together, we will innovate and enhance our solutions to meet the evolving needs of our clients. I look forward to making a meaningful impact and supporting the continued success of People365."

People365 CEO, Mr. Maher Chahlawi, commented on this partnership saying: “We are thrilled to welcome Mr. Fouad Assaf to our Board of Directors. His vast experience and exceptional leadership will be valuable assets to our team. Mr. Assaf's insights and strategic vision will play a crucial role as we continue to innovate and expand our human capital management solutions. We are confident that his expertise will drive our company forward, ensuring sustained growth and success. Together, we look forward to achieving new heights in delivering cutting-edge solutions for our clients.”

Being a leading HCM provider in the Middle East, Africa, and Eastern Europe, with over 33 years of experience, People365 is a comprehensive solution that combines Time and Workforce Management, Scheduling, Payroll, Human Resources, and Mobility modules, designed to smoothly integrate key aspects of business operations. Having more than 1,200 references coming from leading companies across verticals, People365 is compliant with more than 82 countries’ rules and regulations. The system helps companies manage the complete work cycle, from headhunting human talents all the way to retirement. People365 operates both regionally and globally, covering the EMEA region through offices in UAE, KSA, Egypt and Lebanon.



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