NetSol Technologies, Inc. (netsoltek.com), a developer of proprietary software applications and provider of information technology (IT) services, announced on Thursday, that Edward A. Holmes has been appointed director and chairman of NetSol Technologies, Ltd., the company’s United Kingdom-based subsidiary and European headquarters.
Holmes most recently held the position of Partner with Booz Allen Hamilton, where he directed client engagements in the financial services sector both in Europe and the Middle East. Prior to joining Booz Allen, Holmes was Chairman/CEO for Citibank International plc and Group Head — Europe for its Global Relationship Banking group.
“Ed is an outstanding addition to the board of NetSol Technologies, Ltd.,” said Najeeb Ghauri, Chairman of NetSol Technologies, Inc. “In his new position as chairman, Ed brings more than 30 years of experience in banking, financial industry marketing, and strategic management consulting to NetSol’s board. We will take advantage of his extensive background for providing strategic corporate guidance and to help spearhead our international banking industry product marketing and business development efforts.”
“NetSol has emerged as a major player in the IT services and software industries,” said Holmes. “NetSol’s superior technical consulting capabilities and its forthcoming launch of the treasury and banking products in the U.K. market will allow me to bring significant value to their business development initiatives. I look forward to working closely with NetSol’s management in driving the company’s aggressive international product strategy.”
According to Netsol, the U.K. subsidiary will be the launching pad for NetSol’s treasury and banking products.