Nizar Chaddad Appointed New CEO of Société Monétique Tunisie (SMT)

Nizar Chaddad has been appointed as the new Chief Executive Officer (CEO) of Société Monétique Tunisie (SMT), succeeding Bilel Dernaoui at the helm of Tunisia’s national electronic payments operator. Chaddad brings with him 27 years of experience at the Central Bank of Tunisia (BCT).

A Strategic Career in Financial Innovation

Chaddad’s professional journey has been deeply rooted in the Central Bank, where he played a pivotal role in advancing key initiatives in:

Financial Innovation
Financial Inclusion
Digital Payments

Additionally, he represented the institution in various regional and international committees, contributing to broader discussions on payment systems and financial stability.

A Vision for the Future

In his announcement on LinkedIn, Chaddad expressed his enthusiasm for this new responsibility:

"So delighted and deeply honored to announce my appointment as Chief Executive Officer of Société Monétique Tunisie (SMT), Tunisia’s national digital payment switch."

Looking ahead, Chaddad aims to collaborate closely with SMT’s teams and key ecosystem players to:

Strengthen interoperability across payment systems.
Enhance transaction security.
Promote financial inclusion across Tunisia.

He concluded his announcement with a forward-looking statement:

"Excited about the journey ahead, the challenges to embrace, and the opportunities to create lasting impact together!"

Key Takeaways for Stakeholders

Leadership Transition: SMT enters a new phase under Chaddad’s leadership, leveraging his extensive central banking expertise.
Strategic Priorities: The focus will remain on modernizing Tunisia’s digital payment infrastructure, ensuring security, and expanding access to financial services.
Ecosystem Collaboration: Chaddad emphasizes the importance of working with all stakeholders in the payment ecosystem to drive sustainable growth and innovation.