During his 33-year career at Citi, John held many executive positions, most recently as the Global Head of Treasury & Trade Services' (TTS) Prepaid Cards business. Having implemented Product and Pricing Lifecycle Management Solutions at Citi, John's track record of growing global product lines will be instrumental in the next phase of the company's strategic growth.

"What initially attracted me to Zafin was that I saw a company delivering a vital solution to the financial services industry," said John Kohari, Regional CEO of Zafin Americas. "Zafin's solution is built specifically for banks and focused on transforming and re-engineering the bank's technological infrastructure."

"Drawing on my experience executing strategic market expansion around pricing, billing and client lifecycle management, I can clearly see the tremendous opportunity that Zafin's value proposition and solution bring to the market," noted Kohari.

"John is a highly respected financial services executive and a tremendous asset to our newly formed team of regional CEOs," said Michael Sgroe, president of Zafin.

"We are very fortunate that John has joined us at this important time in the company's growth. With his deep knowledge of the industry, and his personal experience advancing the Product Pricing and Lifecycle Management domain, John hits the ground running," noted Sgroe.