New Zafin board members bring invaluable expertise and insight
VANCOUVER, CANADA (March 3, 2015) – Zafin’s board of directors is pleased to announce that Nishita Cummings, Managing Director at Kayne Anderson Capital Advisors, and Abdul Guefor, Managing Director of Treasury for the EMEA region at Intel Capital have been appointed to the Zafin board.
About Nishita Cummings
Nishita Cummings is the Managing Director at Kayne Anderson Capital Advisors, a leading independent alternative investment management firm with approximately $30 billion in assets under management. Ms. Cummings is an accomplished investment professional with extensive experience in private equity transactions in the technology and technology-enabled services sectors.
Since joining the firm in 2007, Ms. Cummings has been responsible for identifying and analyzing investment opportunities, monitoring portfolio companies, and deal execution for growth private equity transactions in the technology and technology-enabled services sectors. Prior to joining Kayne Anderson, she held positions at Boston Avenue Capital, LEK Consulting, and the Wharton Small Business Development Center. She holds a bachelor of science from the University of Pennsylvania.
About Abdul Guefor
Mr. Guefor is currently Managing Director of Treasury for the EMEA region at Intel Capital with responsibility for advising on investment strategies, reviewing investment proposals, and deal structuring. Mr. Guefor is a seasoned finance professional, with global experience developing opportunities in emerging markets, and managing venture capital investment.
Prior to joining Intel in 1999, Abdul held positions with PwC transaction support, Plessey Semiconductors in England, and the Ikerlan Research Centre in Spain.
Abdul Guefor is a UK qualified chartered accountant and holds an honours degree in electronic engineering.
“With these two important board appointments, we have added considerable leadership as well as financial services, technology, and investment expertise to our team of independent board directors which will be a tremendous asset to help guide Zafin’s strategic direction and growth”, said Nizar J. Somji, chairman of the Zafin board of directors.
Zafin announced its inaugural board of directors in January 2014. Board members include David Kvederis, Barry X Lynn, Al Karim Somji, Nizar J. Somji, and Hans Tesselaar. The appointment of Ms. Cummings and Mr. Guefor brings the total number of directors to seven.
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Communications Director, Zafin
Zafin is an award-winning provider of relationship banking software solutions to the financial services industry. As the market leader in relationship banking for Retail, Corporate, Wealth Management and Correspondent Banking, Zafin is transforming the way banks manage products, pricing, loyalty and billing across the entire client relationship.
Our flexible software suite, miRevenue, is a complete Product and Pricing Lifecycle Management (PPLM) platform – a “start-to-finish” view of the way banks bring products to market quickly and easily with a focus on revenue enhancement. For more information, visit www.zafin.com.