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Zafin Appoints New CFO to Take Company Through Next Phase of Growth

Seasoned Finance Executive Sibel Turkmen to Help Lead Zafin’s Continued Expansion 

Zafin, a leading financial technology company serving financial institutions of all sizes, is pleased to announce that Sibel Turkmen has joined the company’s Executive Leadership Team as Chief Financial Officer (CFO).

Turkmen joins Zafin from D+H Canada, where she was Global Controller and Chief Accounting Officer. Turkmen is a Chartered Accountant, having qualified in the UK while working for Arthur Andersen's London Office, as well as a Certified Internal Auditor. Prior to her role at D+H, she held Executive Vice President and Chief Financial Officer positions at Turkish Telecom GSM-Business-Avea, Vodafone Turkey, Deutsche Bank, Finansbank and Anadolu Group for 15 years.

In her role as CFO, Turkmen will help facilitate best-in-class financial management and governance to support Zafin’s rapid growth and future direction. Turkmen brings with her an extensive background in corporate finance, accounting, and consolidated financial and management reporting, along with a keen appreciation for improved reporting and governance in public companies.

“Zafin’s technology is paving the way forward for the financial services industry,” said Turkmen. “As CFO, I look forward to leading the balance of business priorities with rigorous financial management. Al Karim Somji and the rest of Zafin’s Executive Leadership Team appreciate Zafin’s growing role in changing the business of banking for the better, and I’m excited to be part of an already successful team.”

As an advocate for the advancement of women in business, Turkmen is also a member of Globally Board Ready Women Network, International Women's Forum's Toronto Chapter and Women in Capital Markets' Toronto Chapter. She is also a member of the B20-2015 for Unemployment, SME and Anti-Corruption Task Forces for Canadian Chamber of Commerce advising G20.

“After an extensive search for a financial executive with strategic acumen, we are delighted to have Sibel Turkmen join our team,” said Al Karim Somji, Founder and Group CEO of Zafin. “She brings with her an impressive track record in the telecom, banking and software industries, as well as a broad range of experience in growth management and strategic planning. Her addition to our Executive Leadership Team is a significant milestone as we continue to aggressively pursue growth opportunities.”

As a leading financial technology provider, Zafin’s mission is to make banking better for both the customer and the bank. Our award-winning platform, miRevenue, helps banks deepen customer relationships by uniting common customer, product, pricing and billing functions in one integrated solution. Today, financial institutions of all sizes use miRevenue to increase revenue, enhance operational efficiency, streamline regulatory compliance and enable a connected digital banking ecosystem. Each year, our clients trust miRevenue to process billions of transactions for hundreds of millions of their customers across retail banking, cash management, wealth management and custody services. As a proud Canadian company, Zafin’s 100 percent retention rate underscores our proven track record as a trusted partner for our clients.