IBS Software Services, a provider of new generation IT solutions to the global aviation industry, has appointed Vikash Sureka as chief financial officer (CFO). He will head the finance, legal, company affairs and administration functions of IBS operations worldwide.
A chartered accountant, Sureka has over 19 years of experience mostly in senior executive roles managing business globally with proven proficiency in investor relations, profit and loss (P&L) management, financial planning, accounting, corporate audit, risk assessment, structuring deals and negotiating large outsourcing contracts.
Prior to joining IBS, Sureka was the CFO and senior vice president (SVP) at AppLabs Technologies, India, a large software testing and quality management company, where he played a pivotal role in its merger with CSC in Sep. 2011. Earlier, Sureka was with Wipro (India) for more than 10 years leading the finance activities for major business units and geographies.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.