fbpx
Global HR News & Updates
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
No Result
View All Result
SUBSCRIBE
Login
Global HR News & Updates
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
No Result
View All Result
Global HR News & Updates
No Result
View All Result
Home Business

Zafin Announces Strategic CEO Transition to Propel Future Growth

Smita SinghbySmita Singh
in Business, News, NORTH AMERICA
0 0
A A
0
Zafin Announces Strategic CEO Transition to Propel Future Growth

Zafin Announces Strategic CEO Transition to Propel Future Growth

TweetPostShareWhatsapp

Vancouver, BC, Canada — Zafin, a prominent provider of SaaS core modernization and transformation solutions for the banking sector, today announced a key leadership transition as part of its strategic planning for continued success. Al Karim Somji, the founder and longstanding Chief Executive Officer, will step down but maintain a guiding role as a member of the Board of Directors.

You might also like

Kay Best Appointed as Head of People Partnering at Robertson Group

Desiree Pasa Appointed as Head of People Development at Intesa Sanpaolo

Milisha Nigam Appointed as Head – People Strategy and Experience at HyTechPro

Al Karim Somji’s departure from the CEO role marks the end of an era of more than two decades of leadership that saw Zafin grow into a leader in global banking technology. “It has been a remarkable journey and an absolute privilege to lead Zafin through its many milestones and successes. I am extremely proud of our accomplishments over the last two decades—from our original vision to revolutionize the financial services industry to elevating Zafin to a category of its own in core modernization and transformation solutions. Today, Zafin is uniquely positioned as a leader in the global banking technology landscape. I want to extend my deepest appreciation to my co-founders, Anugopal Venugopalan and Dinesh Krishnan, whose ongoing leadership continues to drive our vision forward. Together with the unwavering dedication of our entire team and the trust of our valued customers, we have set a solid foundation for sustained innovation and growth. I am confident and fully trust in Charbel’s vision and capabilities to continue steering Zafin toward groundbreaking solutions that enable banks to stay ahead of the curve, achieving sustainable growth and continued excellence in an ever-evolving banking landscape,” said Al Karim.

Charbel Safadi, previously Group President, will take over as CEO effective immediately. Safadi brings a passion for innovation and a deep understanding of Zafin’s culture and operations, making him an ideal successor to drive the company forward.

Happy Place To Work
Happy Place To Work Certification

“On behalf of Nordic Capital and the Zafin Board, I extend heartfelt thanks to Al Karim for his significant contributions to Zafin. Under his leadership, Zafin has established a robust track record of success. We eagerly anticipate continuing our collaboration with Karim, Charbel, and the extended leadership team as we enter the next stage of the Company’s growth,” Mohit Agnihotri, Partner at Nordic Capital Advisors and Board Member of Zafin, conveyed.

Charbel Safadi expressed his honor and readiness to lead Zafin into its next phase: “Al Karim has been an exceptional leader, and Zafin has thrived under his vision and dedication. I am honored to guide Zafin into its next chapter of growth. We will continue to build upon Zafin’s solid foundation, focusing on sustainable revenue growth and profitability, while delivering ongoing value to our customers and employees worldwide.”

About Zafin

Founded in 2002 in Vancouver, Canada, Zafin is a leader in providing integrated SaaS solutions for the banking industry, focusing on core modernization and transformation to enhance profitability, revenue, and customer experiences. Zafin’s platform enables banks to rapidly adapt their pricing, products, and services to meet market demands while improving operational efficiency. The company serves major global banks including ING, CIBC, HSBC, Wells Fargo, PNC, and ANZ, with a commitment to driving innovation in financial services.

Also Read : 360-Degree Feedback for Individual and Organizational Excellence

Tags: Al Karim Somjibanking innovationBanking TechnologyCanadian technology companiesCEO AppointmentCharbel Safadicore modernizationEnterprise Softwarefinancial sector leadershipFinancial Services Transformationglobal banking solutionsHappy Place to Work CertificationHPTWLeadership AppointmentLeadership TransitionSaaS solutionsZafinZafin growth strategy
Tweet19Share30Share5Send
Previous Post

D N Rao Ascends to Head – HR – OD and Commercial Excellence at Jagsonpal Pharmaceuticals

Next Post

Jaya Suri Appointed CHRO at Kimbal Technologies

Smita Singh

Smita Singh

Recommended For You

Kay Best Appointed as Head of People Partnering at Robertson Group

bySmita Singh
June 1, 2025
0
Kay Best Appointed as Head of People Partnering at Robertson Group

Kay Best has been appointed as Head of People Partnering at Robertson Group. She brings extensive HR leadership experience from ScottishPower, ISG, and Morrisons, with a strong focus...

Read moreDetails

Desiree Pasa Appointed as Head of People Development at Intesa Sanpaolo

bySmita Singh
June 1, 2025
0
Desiree Pasa Appointed as Head of People Development at Intesa Sanpaolo

Desiree Pasa has been appointed as Head of People Development at Intesa Sanpaolo. She brings global experience from Bloomberg, Meta, Google, and Revolearn, with deep expertise in leadership,...

Read moreDetails

Milisha Nigam Appointed as Head – People Strategy and Experience at HyTechPro

bySmita Singh
June 1, 2025
0
Milisha Nigam Appointed as Head – People Strategy and Experience at HyTechPro

Milisha Nigam has been appointed as Head – People Strategy and Experience at HyTechPro. She brings 18 years of HR leadership experience with key roles at Saxo India,...

Read moreDetails

Emma Hayward Appointed as Head of People at W Cosmetics

bySmita Singh
June 1, 2025
0
Emma Hayward Appointed as Head of People at W Cosmetics

Emma Hayward has joined W Cosmetics as Head of People. With over 20 years of experience in HR strategy, change management, and workforce development, she will lead people...

Read moreDetails

Jim Kelly Appointed as Head of People Care at icare NSW

bySmita Singh
June 1, 2025
0
Jim Kelly Appointed as Head of People Care at icare NSW

Jim Kelly has been appointed as Head of People Care at icare NSW. With over two decades of experience in WHS, regulatory leadership, and workforce wellbeing, he brings...

Read moreDetails
Next Post
Jaya Suri Appointed CHRO at Kimbal Technologies

Jaya Suri Appointed CHRO at Kimbal Technologies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Nicole Atkinson Appointed as VP, People Business Partner - Technology, CPO & Design at PayPal

Nicole Atkinson Appointed as VP, People Business Partner – Technology, CPO & Design at PayPal

September 28, 2024
Lexi Jones Appointed as Fractional Chief People Officer at Alotten

Lexi Jones Appointed as Fractional Chief People Officer at Alotten

February 18, 2025
Gautam Kumar Appointed as Director HR, Independent & Emerging Business, AB SKF at SKF Group

Gautam Kumar Appointed as Director HR, Independent & Emerging Business, AB SKF at SKF Group

October 30, 2024

Browse by Category

  • Academia
  • Africa
  • AI
  • Asia
  • Blog
  • Book Reviews
  • Business
  • Compliances
  • Conflict Resolution
  • Corporate University
  • CXO
  • DEI
  • Employee Engagemnet
  • Employee Relation
  • Employee Wellbeing
  • ESG
  • Europe
  • Events
  • Features
  • Future of Work
  • Government
  • Green HRM
  • HR Analytics
  • HR PARTNERS
  • HR Technology
  • HR TODAY EXCLUSIVE FEATURE
  • India
  • Industrial Relations
  • International HR DAY 2025
  • January–February 2024
  • Leadership
  • Learning
  • MAGAZINE
  • Management Thought
  • middle east
  • News
  • NGO
  • Non-Profit
  • NORTH AMERICA
  • OCEANIA
  • Organizational Culture
  • Performance
  • Performance Metrics
  • Recruitment
  • Rewards
  • Self Development
  • South America
  • Start-Up HR
  • Sustainable HR
  • Talent
  • Team Cohesion
  • Topic
  • Trends & Forecast
  • UN Organizations
  • Women Leadership
Global HR News & Updates

"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

USEFUL LINKS

  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team

RECENT POSTS

  • Kay Best Appointed as Head of People Partnering at Robertson Group
  • Desiree Pasa Appointed as Head of People Development at Intesa Sanpaolo
  • Milisha Nigam Appointed as Head – People Strategy and Experience at HyTechPro

SIGNUP FOR NEWSLETTER

Name*

Email Address*

© Copyright 2024 HR TODAY. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
  • Subscribe
  • Login
  • Sign Up

© Copyright 2024 HR TODAY. All rights reserved.