WEBXPAY welcomes former CB Deputy Governor Thassim to Board

A. A.M. Thassim

Digital finance company WEBXPAY announced the appointment of A. A.M. Thassim, former Deputy Governor of the Central Bank of Sri Lanka (CBSL) as a Non-Executive Director. 

The company said his arrival strengthens WEBXPAY’s governance and regulatory rigour as the company accelerates its evolution from payment gateway pioneer to a full-scale financial-technology ecosystem.

Thassim brings more than three decades of leadership at the CBSL, where he oversaw bank supervision, foreign-reserves management, and the modernisation of national payment infrastructure. 

As Deputy Governor he headed the Financial System Stability Cluster, steering landmark initiatives such as Basel III implementation, IFRS 9 adoption, and the country-wide rollout of the Cheque Imaging and Truncation System. 

He has chaired the Credit Information Bureau and the Institute of Bankers of Sri Lanka and served as the Secretary to the Governing Board, Monetary Policy Board, Audit Committee, Board Risk Oversight Committee, Ethics Committee and Financial Sector Crisis Management Committee.  

In addition, he was also a board member of the Sri Lanka Export Credit Insurance Corporation and LankaClear (Pvt) Ltd., which is the national clearing house of the country and currently known as LankaPay.

An Associate Member of the Chartered Institute of Management Accountants (UK), Thassim also holds an MBA from the Postgraduate Institute of Management at the University of Sri Jayewardenepura. He completed executive programmes in Gold Reserves Management at the Haas School of Business, University of California, Berkeley, and in public-sector leadership at Harvard Kennedy School.

Founded in 2015 to simplify digital payments for small businesses, WEBXPAY now serves more than 5,000 merchants, partners with eight local banks, and offers next-day (T+1) settlements. Its product portfolio ranges from the enterprise-grade e-commerce API suite XGATEWAY and the in-store card-and-QR acceptance solutions XPOS and XQR to the flexible installment platform XSPLIT and the field-collection tool XCOLLECTOR. The platform is fully ISO 27001 and PCI DSS certified, underscoring its commitment to security and compliance.