17th Apr 2012

San Francisco, CA – April 17, 2012

Rania Narouz to Lead San Francisco Office

Executive outsourcing firm, CFO Systems, announced its first West Coast office today.  The new office, located in the San Francisco area, will initially serve Northern California, the Bay Area, Silicon Valley and Sacramento and will expand into Southern California later this summer. Rania Narouz will lead the California Operations for CFO Systems and its business financing division CFO Capital.

The California office is the latest success in a national expansion effort on the part of CFO Systems, driven primarily by its national licensing program launched in August 2011.  The company hopes to open three to five additional offices within the next year to expand their premier CFO outsourcing services to middle-market organizations across the country.

“We have found a great partner in Rania Narouz.  She brings our team a deep understanding of the entrepreneurial community in California and more than 15 years of experience in international business,” says Brett Frevert, Managing Director of CFO Systems.

Narouz has spent her career working in international finance and economic development.  She is an experienced international consultant, senior executive and public speaker who has led several successful capital and M&A deals across multiple regions.  Narouz has an established network of major venture capital groups, global investment funds and institutional investors particularly in the social development sector and global microfinance.  She is fluent in English, French and Arabic and proficient in Spanish.

“I am proud to be part of the CFO Systems team and to leverage my international experience in growing the financial advisory and business financing practice and contribute in extending our services to cover technology startups and social venture groups. We will also continue to assist international groups by offering specialized financial advisory services and leadership to build their presence in the United States market.” says Narouz.

CFO Systems, LLC provides financial leadership to middle-market entities across the United States.  It serves clients as interim and timeshare CFOs and Controllers, providing practical, experienced financial leadership on the clients’ schedule.  Its business financing division, CFO Capital, provides full-service solutions to companies looking to raise funds and works closely with banks, leasing companies, and a variety of capital providers.