STATEMENT: Azentio welcomes Sanjay Singh as new CEO


STATEMENT: Azentio welcomes Sanjay Singh as new CEO

SINGAPORE, Aug. 30, 2023 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-based software products company owned by funds advised by Apax, is pleased to announce the appointment of Sanjay Singh as its new Director delegate. This strategic move marks Azentio's preparation for its next phase of growth led by Sanjay, a seasoned executive with more than 25 years of experience in high-growth software businesses globally.

"It is an honor for me to be appointed CEO of Azentio," said Sanjay Singh, the company's new CEO. "I have been impressed by Azentio's advanced software products, dedication to innovation, domain expertise and knowledge of local markets. I look forward to leveraging these strengths to deliver exceptional solutions to our customers."

Sanjay further added: "Azentio occupies a unique position as the only end-to-end software company specializing in the BFSI sector in Asia Pacific, the Middle East and Africa. Among industry players, Azentio stands out for its broad customer reach, market-leading products and exceptional talent, I am delighted to guide Azentio towards achieving our ambitious vision of becoming the leading provider of BFSI software in APAC and MEA."

With a proven track record of scaling and adding value to software companies, Sanjay is a recognized player in the field. Roy Mackenzie, Partner at Apax, shared his enthusiasm, stating: "We are excited to welcome Sanjay, who brings a wealth of experience building world-class software businesses in the region, aligning with our collective vision. "

Drawing on 25 years of customer-focused leadership at global software and security companies, Sanjay's experience spans developing programs that drive revenue and expansion. In his recent role as Chief Revenue Officer of Datto, a renowned provider of cloud-based security software and solutions, Sanjay led Datto's go-to-market strategy, culminating in the company's initial public offering and eventual acquisition by from Kaseya in June 2022. During his tenure at Datto, Sanjay spent nearly 18 years at Akamai Technologies, building and overseeing various go-to-market functions around the world.

Sanjay will immediately assume the role of CEO. Tony Kinnear will continue in his position as a member of Azentio's Board of Directors, while David Hamilton will assume the role of Chairman of Azentio's Board of Directors.

About Azentio Software

Azentio provides mission-critical software products in Asia Pacific, the Middle East, Africa and India to banks, financial services providers and insurers. It also provides ERP solutions to medium-sized companies. The company's flagship platforms include Azentio ONEBanking, Azentio ONECapitalMarkets, Azentio ONEInsurance, and Azentio ONEERP. The flexibility that comes from its software platforms enables a large number of applications to work with a single data source and equips clients with flexible workflow, analytics, document management, and integration mechanisms. Azentio Software Private Limited is wholly owned by funds advised by Apax.


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