The Mint Corporation announced the resignation of Nabil Bader as President and Chief Executive Officer as of December 27, 2013, the appointment of Pierre Gagnon as Interim CEO as of December 27, 2013, and Abdul Razzak Al Abdullah as Chief Restructuring Officer as of January 7, 2014. Mr. Bader has been President and CEO of Mint since June 2010 and joined the Board of Directors in November 2010. Though Mr. Bader is resigning is operational position, he will remain a Director of Mint.

During his tenure with Mint, Mr. Bader was instrumental in expanding the product offerings of Mint as well as increasing Mint's footprint in the MENA region. Mr. Al Abdullah will assume Mr. Gagnon's previous position of CRO of the Middle East group of companies. Mr. Al Abdullah is a long time shareholder of Mint as well as a strategic partner through Mint's subsidiary Mint Electronic Payment Systems.