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Abhinov Gulati becomes Profectus’ first CIO

Profectus Group, a leading technology-driven services provider of compliance and recovery solutions, has appointed Abhinov Gulati as its new Chief Information Officer (CIO). The newly-created role will see Gulati lead Profectus Group’s technology strategy and execute its digital transformation initiatives. This appointment is part of the company’s strategy to build out its technology stack and offerings and accelerate its push into global markets.

Gulati brings over 15 years of experience in leading digital transformation and IT initiatives across various industries, including financial services, healthcare, and technology. Prior to joining Profectus Group, he served as the CTO and technology adviser at a fintech where he was responsible for driving technology innovation, implementation, and the business’ IT roadmap. Gulati’s experience also includes leading and enabling teams, managing complex IT projects and partnerships, overseeing integrations, building and launching platforms, and designing and implementing innovative technology solutions to drive business outcomes.

“When someone the calibre of Abhinov comes along you need to do what you can to get him on board,” said Chris Hutchins, CEO, Profectus Group. “His experience in the financial technology space meshes perfectly with our expertise and our goal to become a technology-driven company. His experience in building and implementing game-changing solutions is exactly what we need as we continue to build out our tech stack and accelerate the scalable, profitable growth of Profectus Group.”

Profectus Group has recently become the exclusive reseller of Xelix, the world-leading AI-powered real-time auditing toolset and reconciliation automation software, in Australia and New Zealand. It has also sold its Rebate Deal Management software to US company Enable, a key step towards Profectus becoming investment grade, narrowing the company’s focus on building out its market-leading compliance and audit offerings and simplifying the enhancement of its technology stack.

“The company is on the front foot in looking at new, innovative ways to deliver business value and ROI, and I’m looking forward to helping the company make the most of it,” said Gulati. “Profectus has a history of delivering significant value to its clients through expertise and hard work, and I’m looking forward to enhancing its already strong position with technologies and strategies that make the lives of our team and our clients easier.”

Gulati’s appointment is effective immediately, and it is a significant move for Profectus Group in its ongoing digital transformation efforts. With more than 20 years of experience delivering audit services and compliance technologies for global and large organisations, Profectus Group is the leader in compliance and recovery solutions. Click here for more on Profectus.

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