Payzli in search of new CEO amid leadership restructuring
US-based paytech Payzli has revealed a string of immediate “strategic changes” to its leadership team “to further accelerate revenue growth”.
Payzli begins search for a new CEO
Arash Izadpanah, the firm’s former CEO, will assume the role of chief risk officer (CRO). In his new position, Izadpanah plans to leverage his three decades of risk management experience, which includes his three-year tenure as VP of credit, risk and compliance at Fiserv, to expand Payzli’s high-risk channel and uphold the “highest standards of regulatory compliance and security”.
Izadpanah states his focus will now pertain to “managing risk, compliance and credit to execute our ambitious growth plans with our powerful banking partners”.
Meanwhile, Naim Hamdar, who “significantly expanded Payzli’s market presence and customer base” during his stint as the firm’s president, will move into the role of chief revenue officer.
Founded in 2019, Payzli offers enterprises a range of payment services, as well as web enablement and mobile solutions, and business management software.
With Izadpanah vacating the CEO seat, the firm is “actively seeking a leader who can bring fresh perspectives to fuel our success”, states the new CRO.
According to a company statement on the matter, Payzli says it is looking for an individual with “extensive experience in the fintech industry and a demonstrated ability to drive revenue growth”.
“The ideal candidate will be a strategic leader with a deep understanding of the evolving payments landscape and a passion for innovation.”
