NETSOL Deploys Transcend Finance Platform for Northridge Finance
etSol Technologies has announced the deployment of its Transcend Finance platform for Northridge Finance, a division of Bank of Ireland UK, to optimize its wholesale finance capabilities. "We are thrilled to announce that we have successfully implemented our Transcend Finance platform for Northridge Finance to underpin their growth strategy of their wholesale finance operations," said Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies Inc. "Northridge have exciting plans and wanted differentiated and elevated capabilities in wholesale stocking. Transcend Finance gives them increased operational agility, automation, faster payments, robust risk management and a richer dealer experience they can use to grow their portfolio. We are excited to partner with them as they embrace the future of wholesale finance with our cutting-edge technology."
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NETSOL Technologies Appoints New CFO
- Executive Appointment: NETSOL Technologies has appointed Sardar Abubakr as Chief Financial Officer effective January 20, 2026, indicating a strategic shift in financial management aimed at enhancing transparency and operational efficiency.
- Current CFO Transition: Current CFO Roger K. Almond will transition to Chief Accounting Officer, overseeing global accounting operations and the preparation of Forms 10-Q and 10-K, ensuring compliance and accuracy in financial reporting.
- Extensive Industry Experience: Prior to joining NETSOL, Sardar Abubakr served as Vice President of New Business Ventures and M&A at Jazz, a subsidiary of VEON Group, where he led strategic transactions and major restructuring, which is expected to bring new growth opportunities and market insights to NETSOL.
- Future Outlook: This executive change not only reflects NETSOL's commitment to financial management but may also lay the groundwork for the company's strategic development and market expansion, enhancing its competitiveness in the digital ecosystem.

NETSOL Appoints New CFO Sardar Abubakr
- Executive Change: NETSOL Technologies has appointed Sardar Abubakr as Chief Financial Officer, succeeding Roger Almond who will transition to Chief Accounting Officer, effective January 20, aiming to enhance the company's financial management capabilities.
- Extensive Experience: Abubakr brings over 20 years of international leadership experience, most recently serving as Vice President of New Business Ventures and M&A at Jazz, a subsidiary of VEON Group, and his extensive industry background is expected to provide strategic financial guidance for NETSOL.
- Market Reaction: Following the announcement, NTWK shares traded down 1.61% in pre-market activity on Nasdaq, reaching $3.05, reflecting a cautious market sentiment regarding the executive transition, which may impact investor confidence.
- Future Outlook: With the new CFO's appointment, NETSOL may adjust its financial strategies and business expansion plans to adapt to the changing market environment and enhance overall competitiveness.






