Medius, a renowned provider of AP Automation and Spend Management solutions, recently announced the appointment of Fahmi Megdiche as their new Chief Information Security Officer (CISO). This strategic move comes as Medius expands its operations across Europe, following the acquisition of the employee spend management solution, Expensya.

Expansion and Leadership

• Geographical Expansion: Medius is expanding its reach throughout Europe.
• New Leadership: Fahmi Megdiche has been appointed as the new CISO.

Role and Responsibilities

• Cybersecurity Strategy: Megdiche will lead Medius' cybersecurity efforts, focusing on product development, IT, and security operations.
• Product Enhancement: His expertise will be pivotal in fortifying Medius’ AI-driven AP and spend management solutions.

Professional Background

• Previous Experience: Megdiche has held significant positions at companies like Telnet, AUSY, and WYND.
• Achievements: At WYND, he developed the company’s security and privacy programs from scratch.
• Years of Experience: With 17 years in the field, he brings extensive knowledge in building security products and consultancy services.

Strategic Importance

• Strengthening Security: Medius aims to combat fraud and inefficiencies through advanced security measures.
• Value Addition: Megdiche's background in software development and security strategy will enhance Medius' offerings to its customers.

Statements from Leadership

• Ahmed Fessi, CTIO, Medius: Emphasized the strategic insights and product-specific security knowledge that Megdiche will bring, which will strengthen internal defenses and improve customer offerings.
• Fahmi Megdiche, CISO, Medius: Highlighted the rising challenges businesses face due to AI, fraud, and data protection issues. He looks forward to enhancing Medius’ security and privacy plans and improving their product suite for secure and innovative AP and spend management solutions.

Fahmi Megdiche’s appointment as CISO marks a significant step for Medius in bolstering its cybersecurity infrastructure. His extensive experience and strategic vision are set to drive Medius’ mission to eliminate fraud and inefficiencies, ensuring secure and efficient financial management for their customers.