SOFGEN Announces the Appointment of Cliff Van Tonder as EVP General Manager for Europe

Geneva - 15 November 2011

The SOFGEN group (SOFGEN), an international banking IT consulting firm, is pleased to announce the appointment of Cliff van Tonder as EVP, General Manager for Europe. Building on SOFGEN's success in Europe, Cliff will manage the company's activities in the region, providing leadership and executing on the company's ambitious growth plans.

Based in the UK, Cliff joins SOFGEN from BNP Paribas where he headed up business development, prior to which he spent four years as Chief Operating Officer and Group Sales Director at Lombard Risk Systems. Before migrating to the United Kingdom, Cliff was regional director for Africa and the Middle East of SUNGARD's subsidiary, Front Capital Systems.

"A seasoned financial services practitioner, Cliff will help drive the SOFGEN group forward, in line with our aim to be the consulting provider of choice for selecting, implementing and running core banking systems for the world's financial institutions," commented Alex Dembitz, SOFGEN Chairman.

van Tonder comments, "I am very pleased to join SOFGEN. The group has an enviable reputation in the core-banking consulting space and I am looking forward to working with our clients, employees and business partners in the European market."

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