NETSOL Technologies' CEO to Ring Nasdaq Bell Celebrating 26th Anniversary
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Globenewswire
- Nasdaq Bell Ringing: NETSOL Technologies' Founder and CEO Najeeb Ghauri will ring the Nasdaq Opening Bell on December 18, 2025, at Times Square, New York, to celebrate the company's 26th anniversary as a Nasdaq-listed entity, highlighting its significant contributions to global technology innovation.
- Technology Platform Development: Since its inception in 1996, NETSOL has focused on building world-class technology platforms that support lenders and automotive dealerships across over 30 countries, showcasing its deep industry expertise in asset sales, financing, and lifecycle management.
- Client Trust and Collaboration: Ghauri emphasized that this milestone is not only a personal achievement but a collective success for the NETSOL team and its clients, reinforcing the company's mission to simplify complex commerce through technology and solidifying long-term partnerships with clients.
- Future Outlook: By leveraging cloud-native and AI-driven platforms, NETSOL is committed to addressing the complex needs of the global market, demonstrating its dedication to technological leadership and sustainability, which signals strong growth potential for the future.
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About NTWK
NetSol Technologies, Inc. is a provider of information technology (IT) and enterprise software solutions primarily serving the global leasing and finance industry. The Company is engaged in licensing, subscriptions, modification, enhancement and support of its suite of financial applications, under the brand name NFS Ascent to businesses in the global finance and leasing space. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s products include transcend platform, digital retail, intermediary portals, originations, servicing, wholesale finance, and mobility solutions. Its solutions include asset finance, automotive finance, and equipment finance. Its solutions include Omni Point of Sale (Omni POS), Contract Management System (CMS), Wholesale Finance System (WFS), Otoz Platform, Appex Now, Mobile Point of Sale (mPOS), Mobile Field Investigator (mFI), Otoz Digital Retail, Otoz Mobility Orchestration, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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.
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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.
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