The KYB Appoints Mark Bain as the New Chief Executive Officer

London, England– January 30, 2024 – The KYB, a leading data source for verifying companies, has announced Mark Bain as its Chief Executive Officer the preceding week. The KYB plays a crucial role in furnishing global organizations with extensive and accurate business information, helping them mitigate counterparty risks and foster reliable corporate relationships.

Ilma Faljic, the Marketing Executive of The KYB, extends her best wishes to Mark Bain for his leadership role, highlighting his extensive experience in business intelligence, particularly in facilitating financial institutions with Know Your Business (KYB) compliance assurance. 

She further remarks, “Benefiting from Mark’s vast experience in offering strategic solutions to businesses, particularly in the effective management of counterparty risks through precise business intelligence derived from primary sources, The KYB is poised to advance its vision of becoming a trusted business verification data source. With ambitious goals for the future, the appointment of our new CEO signifies a substantial leap towards realizing these aspirations”. 

Mark Bain, being an industry evangelist, brings a wealth of experience in achieving cross-border compliance for companies of all sizes. With a mission to take The KYB to new heights, he envisions establishing The KYB as a global data source for accurate corporate data sourced directly from official registries.

“KYB is vital for integrity, compliance, and risk management,” said Mark Bain, the man in the spotlight. “Leading The KYB, I’m excited to spearhead technology enhancements, navigate data landscapes, automate verifications, and boost our clients’ efficiency in using primary sourced data.”

About The KYB:

Founded in 2022, the firm has been recognized for being the largest real-time corporate data source for verifying businesses across 250+ countries and states. The KYB can be integrated via a data-as-a-service model or a platform with a complete suite of solutions such as case management, ultimate beneficial owners (UBOs) identification, AML for business, adverse media screening, AML screening of shareholders/UBOs, etc.

For further information, please contact:

Ilma Faljic
Marketing Executive | The KYB
[email protected]
+387 62 709 851