NETSOL Technologies adds Ian Smith to board of directors

NETSOL Technologies Inc. (NASDAQ: NTWK) appointed Ian Smith to its board of directors, effective July 1, according to a company statement.

Smith previously served as chief executive officer of BMW Group Financial Services for the United States and Americas from 2017 to 2021. During his tenure, he oversaw a balance sheet exceeding $50 billion and annual net operating income of over $600 million.

Smith currently serves as president of MIP Inc., a medical textiles company, and works as an executive advisor and coach for PEO Leadership, a peer group leadership program. He previously served on the advisory board of Spring Free EV, a fintech company focused on sustainable mobility solutions.

His educational credentials include a Certificate in Company Direction from the Institute of Directors and a Postgraduate Certificate from Edinburgh Business School.

"Ian's remarkable leadership at BMW Financial Services, coupled with his deep understanding of the global auto finance ecosystem aligns perfectly with our strategic vision," said Najeeb Ghauri, founder and CEO of NETSOL Technologies.

Smith stated he looks forward to contributing his experience in automotive financial services and digital transformation to the company's development.

NETSOL Technologies provides asset finance and leasing solutions to automotive and equipment manufacturers, auto captives and financial institutions across more than 30 countries. The company was founded in 1996 and is based in Encino, California.

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