Executive Change: Account Control Technology Appoints New CEO

Account Control Technology, Inc. (ACT) is pleased to announce Nabil Kabbani has joined the organization as chief executive officer (CEO).  Kabbani is succeeding the company’s founder and current CEO, Dale Van Dellen, who will remain active with ACT as chairman of the board of directors.

“ACT has an outstanding reputation for quality of service, innovation and integrity.  It gives me great pride to be part of this growing, respected company,” said Kabbani.  “I look forward to working with the ACT team to build upon Dale’s 21 years of work; together we will develop strategies for growth and continued success for many years to come.”

Kabbani is a multidisciplinary leader with a distinguished career in financial services and banking.  He spent twelve years at Western Union, helping it grow to a multi-billion dollar revenue business working from various locations in the U.S.,

Nabil Kabbani

Beirut, Dubai, Paris and Brussels.  He has led a venture capitalist funded startup which grew through nine acquisitions to become a major player in the industry.  Prior to joining ACT, Kabbani was CEO of a payment processing company in the e-commerce arena.  A U.S. citizen of Lebanese heritage, Kabbani studied economics and holds an MBA in finance from the American University of Beirut.

“Nabil has a tremendous amount of experience in financial services for Fortune 500 and startup companies,” Van Dellen noted.  “His strong track record makes him the right leader to propel our company into its next stage of development.”

Account Control Technology, Inc. (ACT) is recognized as one of the 5000 fastest growing private companies by Inc. magazine and is a national leader in debt management solutions for education, government, and consumer entities.  ACT is a private corporation, wholly-owned by its original founders with four office locations: Canoga Park, California; Bakersfield, California; San Angelo, Texas; and Mason, Ohio.