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Investing.com -- NetSol Technologies Inc (NASDAQ:NTWK) stock gained 2.1% Monday after the company announced the appointment of Sardar Abubakr as its new Chief Financial Officer, effective January 20, 2026.
Abubakr, who will be based in Dubai, brings over 20 years of international leadership experience across Europe and Asia. He most recently served as Vice President of New Business Ventures and M&A at Jazz, a VEON Group subsidiary, where he led venture creation, strategic transactions, and restructuring initiatives.
The current CFO, Roger K. Almond, will remain with the company as Chief Accounting Officer, maintaining responsibility for global accounting operations and SEC filings. This transition aims to provide continuity while the company pursues its growth strategy.
"We are excited to welcome Mr. Abubakr to NETSOL at a pivotal moment in our growth," said Naeem Ghauri, President and Co-Founder of NETSOL Technologies. "Sardar brings deep international leadership experience across finance, strategy and transformation, with a proven track record operating in complex, multi-entity environments at large, publicly traded organizations."
Abubakr’s experience includes senior leadership roles in telecommunications, fintech, and digital organizations. His contributions to digital acceleration have been recognized with a Global Innovation Award from the ITU (United Nations). He is a Fellow of the Association of Chartered Certified Accountants (FCCA).
NetSol Technologies provides AI-enabled solutions for OEMs, dealerships, and financial institutions to sell, finance, and lease assets.
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