SmartStream Appoints Akber Jaffer as New CEO

<p>SmartStream,
a provider of Financial Transaction Lifecycle Management (TLM®) solutions, has
announced the appointment of Akber Jaffer as its new Chief Executive Officer
(CEO), effective September 19, 2023. </p><p>Acknowledging
Jaffer's Financial Services Expertise</p><p>Jaffer is a seasoned leader with a deep-rooted passion for technology and a strong
commitment to client-focused execution. He brings a wealth of experience to his
new role. Having held senior leadership positions at Finastra and Colt
Technology Services, he is well-equipped to lead SmartStream into its next
phase of growth and development.</p><p>Khalifa
AlDaboos, Chairman of the Board, expressed his warm welcome to Jaffer, stating:
"We warmly welcome Jaffer as our new SmartStream CEO.” </p><p>“He
brings a distinguished career in financial services and software to our
organization. His wide-ranging experience and track record of success make him
ideally suited to lead SmartStream. I am confident that under his leadership,
our company will continue to flourish."</p><p>In
response to his appointment, Jaffer expressed his enthusiasm and commitment to
the company's mission, saying, "I am honored and thrilled to join
SmartStream as CEO.” </p><p>“I
believe in the company's mission, and I am committed to build upon its broad
and excellent capabilities. Together with the talented team of colleagues who
have been instrumental in the company’s success, we will continue to deliver
market leading solutions and drive value for our customers and partners.</p><blockquote><p lang="en" dir="ltr">SmartStream Appoints Akber Jaffer as Chief Executive Officer <a href="https://t.co/2N77DhMOz8">https://t.co/2N77DhMOz8</a> <a href="https://t.co/33dp84kpFE">pic.twitter.com/33dp84kpFE</a></p>— Latest News from Business Wire (@NewsFromBW) <a href="https://twitter.com/NewsFromBW/status/1706265306501705925?ref_src=twsrc%5Etfw">September 25, 2023</a></blockquote><p>Haytham
Kaddoura, the former CEO of <a href="https://www.financemagnates.com/tag/smartstream/">SmartStream</a>, also
voiced his confidence in the company's future under Akber's leadership, stating,
"We are confident that Akber is the right leader to take SmartStream to
new heights.”</p><p>“His
extensive experience and vision align perfectly with the company's mission, and
he will drive the development of new technologies to meet the demands of the
industry."</p><p>Risk
Mitigation and Regulatory Compliance: Key Objectives
of SmartStream</p><p>SmartStream
is recognized in <a href="https://www.financemagnates.com/tag/financial/">financial</a>
transaction management solutions, providing firms with tools to enhance
operational control. It reduces costs, creates new revenue streams, mitigates
risk, and maintains compliance with regulators. </p><p>The
company employs <a href="https://www.financemagnates.com/tag/technologies/">technologies</a>,
including AI and <a href="https://www.financemagnates.com/terms/m/machine-learning/">machine learning</a>, which are seamlessly integrated into its
solutions, and available for deployment in the <a href="https://www.financemagnates.com/terms/c/cloud/">cloud</a> or as managed services.</p><p>SmartStream
moves forward with Jaffer at the helm. The company expressed its gratitude to
Haytham Kaddoura for his contributions during his tenure and wished him success
in his future endeavors while welcoming him to the Board of the company.</p><p>With
a renewed focus on growth and innovation, SmartStream, under Jaffer's
leadership, is poised to continue delivering financial <a href="https://www.financemagnates.com/tag/transaction/">transaction</a>
management solutions to its clients and partners while solidifying its position
in the industry.</p>

This article was written by Tareq Sikder at www.financemagnates.com.