Award-winning entrepreneur Hamdija Jusufagic hands over Group CEO role of prosperous System Verification
Hamdija Jusufagic, founder and majority owner of System Verification, is now succeeded by Erik Björhäll as Group CEO of System Verification. Erik Björhäll has been a part of the company since 2004. He is the current CEO of the Swedish operations. Hamdija Jusufagic will continue to function as the chairman of the Group, and will focus on strategy and vision.
System Verification was founded in 2002. The company is a market leader within Quality Assurance. It delivers insights, customer benefit and value through expertise and AI-powered tools for software monitoring and analysis. Together with partner companies Reeinvent and CodeScene, System Verification forms an ecosystem of fast-growing, cutting edge companies that complete each other and create value for the companies, their co-workers and their clients.
“I have been working operationally in System Verification ever since I started the company back in 2002. The group now has more than 250 employees. Right from the start, our growth has been strong, profitable and organic – a path that will continue. Together with my team, I have established a globally profitable group of companies with a strong company culture and a flat organization with a decentralized decision-making,” says Hamdija Jusufagic.
In his role as Group CEO, Hamdija Jusufagic has expanded System Verification to a global corporate group with nine offices in four countries – Sweden (2002), Bosnia (2013), Germany (2018) and Poland (2020). As an entrepreneur and investor, Hamdija Jusufagic has also built a successful ecosystem of companies. An investment was made in CodeScene in 2016, and he founded Reeinvent in 2018. As CodeScene recently completed raising of capital, Hamdija now assumes the position of CEO of that company in order to develop its business further. https://codescene.com/press/
”It is a privilege – and a great joy – to be able to create opportunities for others to grow and reach their full potential. And it also gives me possibilities to continuously challenge myself. Erik Björhäll has been with System Verification for 17 years, and we’ve worked closely together all along. A lot of people have played a part in our success, and Erik is definitely one of them. When entrepreneurs fail at a handover, it’s usually because it’s done to an external party that doesn’t have any experience of the strong company culture this type of companies often possess. Today, Erik is the CEO of the operations in Sweden, and I am very proud of how the company has evolved. This is a natural process and a gradual handover, which was started already before the summer. Erik has excellent values and I admire his ethics, drive, business integrity and how he nourishes and develops our company culture. Me, the board of directors and the company have great confidence in Erik. We are positive that he, together with all his skillful co-workers, will keep System Verification on a successful path. I look forward to continue to give him my support in my role as a majority owner and chairman of the board. He has a very strong team around him – they have been crucial for my success,” continues Hamdija Jusufagic.
Erik Björhäll comments:
”Our cooperation has been amazing, and I will continue to contribute to System Verification’s growth. I also look forward to nourish, and to further develop, our fantastic culture. What Hamdija does extremely well, is that he lets people assume responsibility and trusts their decision-making. That allows you to grow and explore the possibilities here at System Verification.”
“The market has been seriously affected by the COVID-19 pandemic. But change has always been a natural part of System Verification. Under the current circumstances, working remotely is a reality – and it will continue to be a component after the pandemic. From both clients and staff, we have received very positive feedback to how we through our European organization and mixed delivery of specialists from our different countries have been able to support our clients. That is something we will develop further. I am grateful for the trust in me, and look forward to continue to evolve our operations in collaboration with my extremely competent colleagues,” concludes Erik Björhäll.
Erik Björhäll will remain in the role as CEO of System Verification Sweden. He will assume the position of Group CEO on 16 January 2021.