Executive Committee

Alexander Dembitz became a SOFGEN shareholder in February 2008 and was subsequently appointed Chairman, SOFGEN Group. Dembitz is the former chairman of Deloitte & Touche Central Europe.

After a career in banking and software engineering, Dembitz founded the IDOM Group in 1988. The firm was specialised in the selection, implementation and support/maintenance of IT systems for banks. IDOM grew to becoming the largest consulting firm in Central Europe, and was acquired in 1993 by Deloitte & Touche. Since leaving Deloitte in 1999, Dembitz has been a private equity investor.

He earned a Bachelor of Science degree at Manchester University in the United Kingdom and an MBA from INSEAD.

Dembitz said he joined Messrs. Gsell and Yeoh as a SOFGEN shareholder since SOFGEN is "an attractive business with long-standing clients served by a highly skilled team of business and technical professionals."

His goal for SOFGEN is to continue to serve customers as long-term business partners "and help them throughout the continuum of the IT lifecycle". Dembitz intends to continue to enhance SOFGEN´s reputation as a "high-quality employer and a firm that adheres to the highest moral standards".

Patrick Enjalbal joined SOFGEN in 2008 after a 25-year career in banking and financial services. He is charged with developing the Asia-Pacific region.

For 18 years before joining SOFGEN, Patrick Enjalbal worked for the Steria Group, where his last position was pre-sales director after having been in charge of banking software implementation international projects.

Leading SOFGEN´s Asia-Pacific efforts will be a big challenge because "here in Asia the private banking industry is highly competitive," Patrick said. To compete effectively, Asian banks need to implement top-of-the-line IT systems, he added.

Prior to joining Steria Group in 1989 as a banking consultant, Enjalbal had worked as a banking product manager and an audit and control specialist, having started his career as an accountant in 1982. He graduated from the Ecole de Commerce de Paris and earned a diploma in accounting.

Ajit George joined SOFGEN in April 2010 after a 20-year career in banking and financial services. He is responsible for SOFGEN's India-based operations, namely the development and maintenance of SOFGEN's product suite and the provision of off-site services for the SOFGEN group's T24™ practice.

Immediately prior to joining SOFGEN, Mr. George was Business Services Manager at Bishop Cavanagh, a UK-based IT services company, where he oversaw the banking consultancy division's operations, with a remit to deliver services in the T24 and Equation space.

As a career banker, Mr. George has held various front and back-office roles at the State Bank of India covering branch management, IT training, personnel department staffing and management of the dealing department for the bank's mutual funds subsidiary (SBI Mutual Fund).

His vast experience affords him the know-how to ensure that SOFGEN's India-based operations are able to deliver successfully.  Mr. George earned a Bachelor of Science degree from Allahabad University, India and a Post Graduate diploma in Business Administration from the Indian Institute of Administrative Sciences.

Stefan Gsell co-founded SOFGEN in 1999 after five years as Chief Technology Officer of Temenos Systems in Geneva, during which time he built a new research division for the company.

Gsell wanted to build his own company, "to create something new and successful, to bring ideas to the market on how things should be done," he said. The driving idea behind SOFGEN was to provide the highest quality of service while building a company that was international in scope.

Prior to joining Temenos in 1995, Gsell worked as a business analyst for the Banque de Depots in Geneva and as an independent analyst, during which time he oversaw the first ever implementation of the system which eventually became Temenos. He studied mathematics and project management training at the Lausanne Polytechnic in Switzerland.

Andre Israel joined SOFGEN in 2007 after a 20-year career in systems implementation, program management, general management and M&A.

Israel cites his position as head of IT for the 1992 Winter Olympics in Méribél, France, as a career highlight and a formative experience. "I learned that if you have everybody on a team genuinely wanting success and pulling in the same direction then nothing can stop you," he said, noting that the 1992 Olympic Games drew 40,000 volunteers.

After starting his career in 1986 with Coopers & Lybrand, Israel later worked as Vice President of Operations for Scala Business Solutions NV and Director of Operations for Reynolds & Reynolds Europe. He earned a Bachelor of Business Science degree from the University of Cape Town in South Africa.

Israel said joining SOFGEN was "an irresistible opportunity" to help grow a company substantially: "With the team we have in place at SOFGEN, we have the ability to take the company to new levels, enabling us to grow with our clients and to provide the best possible opportunities for our employees."

Daniel Maeder joined SOFGEN in 2008 after nine years as a top international consultant for IBM and 18 years in the IT field specializing in the financial services industry. Maeder is heading up SOFGEN´s push to become the premier consulting company for international Avaloq customers.

Maeder said he sees a huge potential to help banks worldwide to install and operate the Avaloq banking system. As a Senior Managing Consultant for IBM Switzerland Ltd., Maeder worked with the Avaloq system for more than nine years and was responsible for business development and solution sales in financial markets.

Previously Maeder worked as a consultant for PriceWaterhouseCoopers, which was acquired by IBM in 2002; as a project manager with Diebold AG; as a project manager for UBS; and as a senior consultant for Accenture. He earned a Master Study in Mechanical Engineering from the Swiss Federal Institute of Technology, and attended the Executive Program of the Swiss Finance Institute.

Russell Rothchild joined SOFGEN in 2008 and is actively building up the company´s operations in the Americas as well as running the firm´s M&A Program. A serial entrepreneur who formed his first company at the age of 24, Rothchild enjoys managing people and building new businesses.

In 1996 he co-founded New York City-based Front Office Technologies, which provided corporate IT strategy, project management, software development and network services to financial institutions, advertising agencies, and other businesses. Front Office Technologies, which was acquired by a public IT firm in 2007, had never lost a client during its 10-year history. A third-generation New Yorker, Rothchild earned a Bachelor of Science in Computer & Systems Engineering from Rensselaer Polytechnic Institute and an MBA from Columbia Business School.

Previously, Rothchild was founder and lead consultant for Sterling Systems in New York City, where he directed the development of major operations and reporting systems for international banks; director of software development for Rivergarden Corp. in Rutherford, N.J.; and a systems support coordinator at the New York office headquarters of Ogilvy & Mather Worldwide Advertising.

Yeoh Guan Teik co-founded SOFGEN in 1999 after a 15-year career implementing banking systems throughout Asia. He was part of the team that established the Temenos Globus/T24 banking system in Asia and has participated in more than 35 projects worldwide. After being Avaloq-certified in 2006, Yeoh has also been advising Asian banks implementing the Avaloq banking system.

Yeoh served as Deputy IT Manager for Malaysian Industrial Development Finance from 1986 to 1989, and then joined PK Technology as Regional Manager for its Globus Division. Yeoh later became a Project Manager for Temenos Global Services, where he managed key implementations in the new markets of Saudi Arabia and Morocco. He earned a Bachelor of Science degree in Operations Research from the University of Canterbury in New Zealand.

In 1999 Yeoh joined fellow Temenos manager Stefan Gsell to start SOFGEN to deliver high-touch, high-quality consultancy services for the Avaloq and T24 banking products to banks worldwide.

Tunde Oladele joined SOFGEN in 2009 with a remit to build the company's business in Africa. He has worked in the banking and financial services industry for the past 20 years, delivering technology to banks and microfinance institutions in emerging markets.

After working for Global Technology (Temenos), South Africa in the 1990's, Tunde founded DELISYS Delivery System Inc. in 2001, offering end-to-end IT solutions to banks in sub-Saharan Africa, Latin and North America. His experience in Global Technology of transforming the training department into a world-class services organization stood him in good stead and as a result DELISYS's and by extension SOFGEN's reputation in Africa is second to none.

Previously, Tunde held positions at United Bank for Africa PLC and Inlaks Computers in Nigeria, where he had various roles in the financial line of business as Globus Consultant, Project Coordinator, Branch Manager and finally Sales Manager.

Tunde earned a Bachelor of Science degree in Computer Science from the University of Ibadan in Nigeria and holds an MBA from the University of Lagos.

Mark Paterson has been with SOFGEN and SOFGEN's predecessor companies since 1990. He has enjoyed a 35 year career in banking and financial services, with 25 years' global project management experience in packaged system implementations.

He is responsible for the integration of people and processes within SOFGEN as a whole as the group grows organically and by acquisition.

Paterson was previously a partner in Deloitte & Touche Central Europe managing one of the firm's largest clients in the region. Prior to joining Deloitte & Touche, Paterson worked for 17 years with the International arm of Barclays Bank Limited. He held various key positions within the Trade Finance and International Payments departments before being promoted to the bank's IT Division as a Project Manager.

Responsible for global product sales, Vincent Raniere joined SOFGEN in 2009 after a 30-year career in banking with specific expertise in accounting, management reporting, compliance and operations.  Mr. Raniere is known both as a visionary and a business leader in the New York banking marketplace, particularly within the realm of the regulatory reporting industry.

He is a member of the Institute of Internal Auditors, Financial Managers Society and current Board Member of the BAFT-IFSA Board of Directors (Bankers' Association for Finance and Trade and the International Financial Services Association).  Mr. Raniere is a Certified Anti-Money Laundering Specialist (CAMS) and an active member of the Association of Certified Anti-Money Laundering Specialists (ACAMS).

Immediately prior to joining SOFGEN, Mr. Raniere was President of IDOM, Inc. (U.S.-based), a provider of banking automation products.  During his banking career, he was SVP and Controller at UBAF Arab American Bank.  He has also held several key positions at Swiss American Securities.