NetSol Technologies names Sardar Abubakr as CFO

NetSol Technologies Inc. (NASDAQ: NTWK) appointed Sardar Abubakr as Chief Financial Officer effective January 20, 2026, according to a company statement.

Abubakr will receive a base salary and benefits package totaling approximately $280,000 annually. He will also be eligible for performance-based bonuses tied to key performance indicators determined by the company.

From 2023 to 2025, Abubakr served as Vice President and Head of Fintech Future, M&A and New Business Ventures at Jazz, a subsidiary of VEON, which trades on Nasdaq. Between 2020 and 2023, he held positions as Chief Operating Officer and Chief Financial Officer at CDO Mobilink Bank/Jazzcash, where he led the formation of Raqami Digital Bank and served as Chief Business Officer and Interim Chief Executive Officer.

The company stated that Abubakr has no direct or indirect material interest in any transaction involving NetSol Technologies beyond his employment relationship. No family relationships exist between Abubakr and other company directors or executive officers.

Former CFO Roger Almond will remain with NetSol Technologies as Chief Accounting Officer under the same terms and conditions as his previous position.

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