Global SaaS solutions provider for travel sector IBS Software names Ashish Nanda as CFO

SaaS solutions provider to the travel industry globally, IBS Software on Monday announced the appointment of Ashish Nanda as Chief Financial Officer (CFO). “Ashish brings more than two decades of financial leadership experience to IBS Software,” the company said in a statement.

The company manages mission-critical operations for customers in the aviation, tour & cruise, and hospitality industries. IBS’s solutions for the aviation industry cover fleet and crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel & air-cargo management.

Nanda has earlier served as CFO of Nucleus Software, a BSE/NSE listed banking software company, where he was a key member of the leadership team responsible for driving business transformation and value creation. He also held finance leadership positions at NIIT Ltd.

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Speaking over his appointment, Anand Krishnan, CEO of IBS Software said Ashish is a highly experienced technology industry CFO and an incredibly capable global leader. “His experience in handling business transformation focused on SaaS and his proven track record of prudent financial controls, building winning teams, and operating with stellar corporate governance will be an invaluable asset to IBS Software,” Krishnan said.

The IBS Software also runs a real-time B2B and B2C distribution platform providing hotel room inventory, rates, and availability to a global network of hospitality companies and channels. For the tour and cruise industry, IBS provides a comprehensive customer-centric, digital platform that covers onshore online and on-board solutions. IBS Software is a Blackstone portfolio company and operates from 11 offices across the world.

Speaking over his appointment Ashish said the way in which IBS Software has responded to the global pandemic that affected the travel industry is truly inspiring and it shows the resilience of the company with the wide range of mission-critical products it has for its customers. “I am excited to join the IBS team during such an important time in the company’s evolution,” Ashish said.

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