IBSFINtech, a Bengaluru-based firm, providing technology solutions for cash, liquidity, treasury, risk and trade finance to companies, has appointed Pramod Agrawal as its chief technology officer (CTO) to lead the company’s technology, engineering and innovation initiatives.
The announcement comes at a time when the company is set to expand its presence in the global market and plans to double its employee strength in the current fiscal year, CM Grover, managing director and chief executive officer at IBSFINtech, said in a statement.
Agrawal has over two decades of experience in running large-scale enterprise software technology businesses.
Prior to the joining this company, Agrawal had worked Automation Anywhere where he served as the regional CTO for India, Middle-East and Africa region (IMEA). He was additionally responsible for building a suite of artificial intelligence (AI) products to help with the vision of end-to-end automation.
Earlier, he worked with US tech company Oracle’s PeopleSoft enterprise applications development in financial and HR domains by helping these applications move to cloud while infusing conversational agents and artificial intelligence (AI). At Baker Hughes, he ran the applied AI platform technologies to bring predictive AI capabilities to the oil and gas sector.
“In the era of shrinking economic cycles and an increasingly dynamic business environment, business executives are required to make informed data driven decisions to reduce risks, improve compliance and improve top line and bottom line,” said Agrawal, who is an alumnus of Indian Institute of Technology (IIT) Roorkee, Indian Institute of Management (IIM) Bangalore and The Ohio State University, USA.
He believes that only a “fully digitised, integrated and intelligent corporate finance platform can power these decisions real-time and, help organisations of all sizes".
In this new role, Agarwal further said, he is looking to bring “rapid innovations in cloud, automation, machine learning and blockchain to the existing global customer base to help them succeed in their mission”.