Zafin Labs Appoints New Executives in Finance, Professional Services and Marketing

June 5, 2012 - PRLog -- Zafin Labs today announced the appointment of several new executives that will strengthen its leadership team as it experiences high growth in the financial services industry.

The appointments include:

•   Jim Bailey joins the company as Chief Financial Officer. Mr. Bailey has enjoyed a very successful career to date including experience as CEO and CFO of Telecel International, a subsidiary of Orascom Telecom Holdings. He joins Zafin Labs in the midst of the company’s continued accelerating growth and will bring his 20 years of experience to bear in this important executive capacity. Mr. Bailey will be based out of Zafin Labs UK office in London.

•   Sundar Ramachandran is the new Executive Vice President and Global Head of Delivery for Zafin Labs. Mr. Ramachandran brings over 30 years of experience in the software industry and will oversee the critical function of ensuring Zafin Labs’ continued excellence in Solution Delivery. He has managed the implementation of new banking solutions at Citibank and Standard Chartered (through Scope International). Mr. Ramachandran will be based out of the Zafin Labs India office in Trivandrum.

•   Chris Kenney joins as the new Senior Vice President of Sales and Marketing. To this newly created position Mr. Kenney brings over 15 years of experience in software partnering in the Financial Services industry. As a pioneer in relationship pricing and centralized billing Mr. Kenney has delivered success in an executive capacity at several notable firms including Avolent and Oracle. He will be based out of Zafin Labs new US office in San Francisco.


“During the past two years we have made significant progress in our mission to deliver the best pricing and billing solutions for banks and financial institutions across all lines of business. During this period we have gained several new customers and partners and it is due to this period of enormous growth that we expand our executive leadership circle so we may continue our important work in the financial services industry. I’m pleased to announce these three gentlemen, Mr. Bailey, Mr. Ramachandran, and Mr. Kenney to the Zafin Labs team. I know they will help us continue to lead our industry in delivering amazing successes to our valued clients,” said Al Karim Somji, CEO and Chairman of Zafin Labs.

Full biographies of the new appointments can be found at www.zafinlabs.com

About Zafin Labs

Zafin Labs is considered the world leader in pricing and billing vendor services in banking. Our solutions are designed and built specifically for the financial services industry with a focus on revenue generation, recognition and assurance, and have managed billions of transactions at banks and financial institutions across the globe. Our clients include Barclays, Standard Chartered Bank, SEB, HDFC Bank, Zürcher Kantonalbank (ZKB), IndusInd Bank, The National Bank of Abu Dhabi, and Dubai Islamic Bank to name a few.

Zafin Labs’ flagship miRevenue Solutions Suite enables dynamic relationship-based pricing, configurable billing, loyalty management and revenue capture capabilities with complete transparency and compliance. As a trusted multi-currency and multi-geography solution, miRevenue is now live, in production, or in planned roll-out in more than 40 countries across four continents. miRevenue has been plugging revenue gaps, pricing the total value of relationships, and creating new banking products since 2005.

In order to better serve our international clients, Zafin Labs has offices in North America, Europe, Asia and the Middle East.