Management Team

Proven track record and extensive
experience working together.
Igal Rotem
Chief Executive Officer
  • Chairman of Credorax since 2010 and CEO since 2016
  • Previously co-founder and CEO of
    PowerDsine (Nasdaq: PDSN), sold to Microsemi for $250m
  • Prior to that, CEO of Butterfly Communications

Igal is a seasoned serial high-tech entrepreneur and executive. Prior to joining Credorax, he co-founded PowerDsine (NASDAQ: PDSN), serving as the company's CEO and as a member of its Board of Directors.

At PowerDsine, Igal pioneered Power over Ethernet (PoE) technology, taking the company from start-up to global leader in its field. In October 2006, Igal led the acquisition of PowerDsine by Microsemi Corp (NASDAQ:MSCC) for over $250 million.

Before his time at PowerDsine, Igal served as CEO of Butterfly Communications, a leader in Bluetooth Semiconductors (later acquired by Texas Instruments).

Moshe Selfin
Chief Operations Officer, Chief Technology Officer
  • Formerly Chief Revenue Officer and Chief Marketing Officer at Credorax
  • Previously co-founder, VP Marketing and VP Product at Kaminario
  • Prior to that, worked at Anobit Technologies, IBM, EMC and Elbit

Moshe brings with him over 15 years of entrepreneurship and innovation in both start-ups and large corporates. Previously Credorax's Chief Revenue Officer, and before that, Chief Marketing Officer, Moshe spearheaded the company's sales, branding and go-to-market strategy, leveraging his vast experience in sales, marketing, business development and product knowledge.

Prior to joining Credorax, Moshe was co-founder and Vice President of Marketing & Product at Kaminario and before that, Vice President of Enterprise Solutions at Anobit Technologies. Previously, he was Head of International Sales & Business Development for the Financial Services segment at IBM (NYSE:IBM), Solutions Director at EMC (NYSE:EMC) and Director of Business Processes Development at Elbit Systems (NASDAQ:ESLT)

Moshe holds a BSc in Industrial Engineering and Information Systems, and an MBA from Haifa University.

Aviram Shemer
Chief Financial Officer, Chief Risk Officer
  • Previously CFO of public companies Aladdin Knowledge (Nasdaq: ALDN) and PowerDsine (Nasdaq: PDSN)
  • Prior to that, VP Finance at Alvarion Ltd (Nasdaq: ALVR)

Aviram brings to Credorax vast experience and high-level management skills. Prior to joining the company, he served as CFO of Aladdin Knowledge systems (Nasdaq: ALDN), where he played a significant role in its merger with SafeNet Holding.

Previously, Aviram was CFO at PowerDsine (Nasdaq: PDSN), acquired by Microsemi Inc. (Nasdaq: MSCC) for over $250 million, and before that, Vice President of Finance at Alvarion Ltd. (Nasdaq: ALVR), a leading provider of wireless broadband solutions.

Aviram is a CPA and holds a B.A. in Accounting and Economics in addition to an MBA specialising in Finance and Accounting.

Sharon Ekstein
Chief Business Operations Officer, Chief HR Officer
  • 20 years' experience in organisational development, human resources and hi-tech
  • Previously VP HR at PowerDsine (Nasdaq: PDSN)
  • Prior to that, independent HR consultant for various Israeli start-ups

Sharon brings with her over 15 years of experience in human resources, where her expertise spans recruiting, team building in international organisations and corporate and management structuring.

Prior to joining Credorax, Sharon served as Vice President of Human Resources at PowerDsine (Nasdaq: PDSN), a world leader in Power over Ethernet technology. Before that, she served as an independent consultant for several high-tech start-up companies, building recruitment procedures, employee orientation programs and organisational structures.

Sharon has a BA in Sociology from Hebrew University and a Masters in NLP. She is also a Certified Proactive Coach of CTI, California.

Nathan Shaked
General Counsel
  • Commercial lawyer and seasoned business man
  • Successfully executed multifaced business transactions in a variety of industries

Nathan has considerable business experience both as a commercial lawyer and a businessman. He began his career as an attorney, managing multifaceted business transactions in various fields.

In 2003, Nathan left the practice of law and went on to establish a chain of specialty fitness clubs, which he subsequently both managed and developed into a business that serves over 6,000 clients with annual turnover in excess of $4.5 million. His main area of expertise is business development and high-level sales.

Achiya Fried
Chief Commercial Officer
  • Joined Credorax in 2021
  • Previously Head of Payment Services Division at ICC Ltd and CEO of Diners club IL
  • Member of Diners Club Global Marketing Advisory Board

Achiya is an inspiring leader with over 25 years of experience in the acquiring, sales, marketing and customer experience arenas within the payments ecosystem. He has vast managerial experience leading hundreds of employees and business partners towards extraordinary performance through his creative and innovative commercial strategies.

Prior to joining Credorax, Achiya held positions at Israel Credit Cards and Ha’aretz where he served as Executive Vice President of Payment Services and Vice President of Marketing, respectively. Throughout his role as CEO of Diners Club Israel, Achiya was responsible for all of Diners Club activities in Israel in addition to being a member of the Diners Global Marketing Advisory Board.

Charlon Scicluna
Managing Director, Malta
  • Extensive experience in corporate finance, retail banking, capital markets and structured finance
  • Previously led the Finance, Operations, Treasury and Asset Management Departments at Nemea Bank
  • Prior to that, worked at CommBank Europe, Deutsche Bank AG, PWC and Deloitte

Charlon brings to Credorax extensive financial services experience, primarily in corporate finance, retail banking, capital markets and structured finance. He has extensive skills in accounting, financial risk management, project planning and management, gained during his time working at various multinational organisations.

Prior to joining Credorax Malta, Charlon headed up the Finance, Operations, Treasury and Asset Management departments at Nemea Bank, a dynamic start-up bank. He also acted as Financial Accountant at CommBank Europe Ltd (Malta), a subsidiary of Commonwealth Bank of Australia, before which he was Assistant Vice President at Deutsche Bank AG, New York, within the Securitised Products Group. Charlon has also worked for PricewaterhouseCoopers, New York, in the Banking and Capital Markets Group, as well as for Deloitte Malta.

Charlon is a certified Chartered Accountant and holds an official qualification from the ACCA (Association of Chartered Certified Accountants).