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Abrigo Welcomes New CTO to Accelerate Technological Innovation and Growth

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Abrigo has appointed Ravi Nemalikanti as its new Chief Technology Officer, effective immediately. He will guide the company's technology strategy and product development priorities. Nemalikanti's prior experience includes leading digital banking at NCR Corporation and a 14-year tenure at Thomson Reuters, where he held leadership roles across various sectors. His appointment aims to enhance Abrigo's innovative capabilities and competitive advantage in the financial technology sector, serving over 2,300 financial institutions in the U.S.

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  • Appointment of seasoned executive Ravi Nemalikanti as CTO to enhance technology strategy.
  • Nemalikanti's extensive experience in digital banking and cloud modernization.
  • Focus on innovation and product reach expected to drive growth.
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AUSTIN, Texas, July 5, 2022 /PRNewswire/ -- Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced that Ravi Nemalikanti has joined as its new Chief Technology Officer.

Abrigo announced Ravi Nemalikanti has joined as its new Chief Technology Officer.

As CTO of Abrigo, Ravi Nemalikanti will lead the company's technology strategy and determine its product and development priorities, leveraging his robust experience and thought leadership to drive innovation and increase Abrigo's competitive advantage.

Nemalikanti has most recently been the CTO of Digital Banking at NCR Corporation, where he led the organization's digital-first banking technology roadmap. Nemalikanti helped accelerate NCR's cloud modernization and transformation journey and build out its API-based capabilities and data- driven offerings. Before that, he spent 14 years at Thomson Reuters in various leadership roles within Tax & Accounting, Global Trade, and Risk Management. Nemalikanti began his career as a programmer, making him a triple threat of hands-on experience, strategy, and leadership. He holds a bachelor's degree in engineering from Andhra University in Andhra Pradesh, India, and an MBA from the University of Chicago's Booth School of Business.

"Ravi is an amazing combination of leader, strategist, role model, and culture fit. I am excited for him to join our team and help lead our transformative growth plans in this next chapter," said Wayne Roberts, CEO at Abrigo. "I look forward to all that we will accomplish under his leadership. We've had great success to date, and I am inspired by what lies ahead for Abrigo."

"I am very excited to join Abrigo at such a transformative time in the industry," Nemalikanti said. "It is a rare privilege to be in a position to serve over 2,300 financial institutions in the U.S. I look forward to working with Wayne and the rest of the Abrigo team in taking our solutions and product-reach to the next level."

About Abrigo 
Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth. Abrigo has secured strategic growth investments from funds managed by Accel- KKR and Carlyle (NASDAQ: CG).
Visit www.abrigo.com to learn more. Follow Abrigo on social media using @WeAreAbrigo.  

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SOURCE Abrigo

FAQ

Who is the new Chief Technology Officer of Abrigo?

Ravi Nemalikanti has been appointed as the new Chief Technology Officer of Abrigo.

What is Ravi Nemalikanti's background?

Ravi Nemalikanti has previous experience as CTO of Digital Banking at NCR Corporation and leadership roles at Thomson Reuters.

How will Ravi Nemalikanti impact Abrigo's growth?

Nemalikanti's leadership is expected to enhance Abrigo's technology strategy and drive innovation, contributing to the company's growth.

What is Abrigo's focus with new CTO?

Abrigo aims to leverage technological advancements to support over 2,300 financial institutions in the U.S.

Which companies are investors in Abrigo?

Abrigo has secured investments from Accel-KKR and Carlyle.

The Carlyle Group Inc.

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