The BENEFIT Company
Layla Alqassab has several years of experience in finance, accounting, and coaching. Layla has worked as the Chief Financial Officer at The BENEFIT Company since 2018, where they analyze financial information and provides recommendations to enforce finance values and policies. Additionally, Layla has served as a Board Member at Bahrain FinTech Bay since 2023. Layla previously worked as a part-time lecturer at BIBF starting from 2015. Before that, Layla founded and served as the Managing Director/Owner & Executive Coach at CoachLQ Consultancy Services since 2013, providing coaching to clients in various industries. Layla was also a Board Member at BSTD Coaching Forum Bahrain from 2016 to 2018. Prior to that, Layla worked at BNP Paribas as a Manager Accounts Control, ensuring compliance with accounting standards and conducting assessments and validations. Layla also has experience as a Board Member at Bahrain Accounting Society and as a Manager at Price Waterhouse Coopers.
Layla Alqassab obtained a Bachelor's degree in Accounting from Cardiff University / Prifysgol Caerdydd, completing their studies from 2002 to 2005. Layla also pursued further education in accounting by completing the ACCA program, earning a Fellow designation from 2006 to 2007. Additionally, Layla has obtained several certifications, including the Associate Certified Coach (ACC) from the International Coaching Federation in 2017 and the Certified Professional Co-Active Coach (CPCC) from the Co-Active Training Institute in 2015. Layla has also completed the RPA, AI, and Cognitive Tech for Leaders program from LinkedIn in 2021, and the Women on Boards Programme from the Bahrain Institute of Banking and Finance (BIBF).
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The BENEFIT Company
The BENEFIT Company was formed to enable the financial sector in Bahrain to forge strong and lasting connections with their customers from across a wide geographical base. And help steer these connections towards enriching the value quotient in all their interactions with member banks and other stakeholders. As the key conduit for all electronic financial transactions throughout Bahrain, BENEFIT’s success has been made possible through a combination of skilled workforce, cutting edge technology, focused strategic planning and initiatives, and determination to provide the most modern financial service for those residing in Bahrain. BENEFIT was established in November 1997 by 17 commercial banks as the National ATM and Point of Sale switch of Bahrain. It was initially licensed by the Central Bank of Bahrain (CBB) to be ‘the provider of ancillary services for the financial sector,’ and soon expanded to cover markets outside Bahrain. BENEFIT’s range of services include operating of Automated Teller Machines (ATM), Point of Sale (POS), GCCNet supported by the GCC countries within the region connecting all ATMs and POS in the gulf, the GCCNet Dispute Management System, Credit Reference Bureau (CRB) for corporate and individuals customers, Telecom Bill Payment (Tele BP), Direct Debit (DD), Payment Gateway (PG), Internet Banking (IB), Bahrain Cheque Truncation System (BCTS) and Amex Cards withdrawal. In addition to varieties of outsourcing services offerings to local and region markets related to bank’s ATM processing, bank’s POS processing and Cards issuing and management through BENEFIT’s subsidiary “ SINNAD”. BENEFIT is administered by a Board of Directors who represents the shareholders. The company’s paid-up capital is to the value of BD 3.1 million (US$ 8.2 million approx.)