Moneris Solutions

Moneris Solutions

June 09, 2008 10:44 ET

Moneris Solutions Appoints New Chief Financial Officer, Samir Zabaneh, to Executive Team

TORONTO, ONTARIO--(Marketwire - June 9, 2008) - Jim Baumgartner, President and CEO, Moneris Solutions, is pleased to announce the appointment of Samir Zabaneh as Moneris Solutions' new Chief Financial Officer.

"Samir Zabaneh is a seasoned, well-rounded leader and we are delighted to have him join our team at Moneris ," says Jim Baumgartner, President and CEO, Moneris Solutions. "His breadth of experience in different industries will be a valuable asset to our organization."

Samir brings considerable business acumen and senior level experience to his new mandate. He has gained strong credentials as a Chief Financial Officer in the private and public sectors through positions of increasing responsibility at PricewaterhouseCoopers, CIT (formerly Newcourt Capital Inc.), Q9 Networks and Fortress Investment Group. Holder of both CPA and MBA designations, he is a member of several professional associations and advisory boards.

"Moneris is a leading provider of payment processing solutions and I look forward to joining its team of over 1,800 esteemed professionals," says Samir Zabaneh, Chief Financial Officer, Moneris Solutions.

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment. Through its Ernex division, Moneris also provides electronic loyalty and stored-value card programs. With over 1,800 employees supporting more than 350,000 merchant locations that generate close to three billion payment card transactions annually, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit

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