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Abacus Group brings in new CEO to lead global growth

Abacus Group brings in new CEO to lead global growth

Financial services managed service provider Abacus Group has brought in a new CEO to lead its global expansion efforts. It has appointed Anthony D’Ambrosi (pictured) to the role, replacing Chris Grandi, who has become chairperson of the firm.

D’Ambrosi says he expects to “more than double the size of the business” within the next three years, through both targeted acquisitions and client growth, while further bolstering service delivery capabilities and innovation.

He brings over three decades of global IT and service provider industry experience to the role, including a well-established background in managed services, cybersecurity, and finance. He joins Abacus Group from ATSG, where he was CEO. He has previously held a number of senior executive posts, leading and transforming large public and middle-market private service provider organisations.

D'Ambrosi said: “I am incredibly honoured to take on the role of CEO and build on the outstanding achievements of Chris, who has led the company since its inception 16 years ago. Our goal is to become the leading managed IT and cyber security service provider for the global financial services industry.”

Grandi, who will serve as head of the board of directors, will retain involvement with the company’s efforts in mergers and acquisitions. Grandi said: “Anthony’s track record in developing and executing a plan for growth is exceptional, and he will bring a style of leadership that everyone connected with Abacus Group will benefit from.”