Optiva Appoints Ashish K Joshi as Chief Financial Officer

TORONTO, April 21, 2020 – Optiva Inc. (“Optiva” or the “Company“) (TSX:OPT), a leader in providing communications service providers (CSPs) worldwide with cloud-native revenue management software on the public cloud, is pleased to announce the appointment of Ashish K Joshi as Chief Financial Officer of the Company. Joshi replaces Anin Basu, who has served as Interim Chief Financial Officer since January 2019.  

 

Joshi brings over 20 years of executive leadership, business and finance experience. He served as Vice President of Finance at Colfax Inc., where he led global operations and was selected to be part of the Blackstone Portfolio Company team to drive transformation efforts across the company. Previously, he was Director, Global Value Creation and Productivity Office at Dell Technologies, where he won the Michael Dell Chairman’s award for driving significant improvement in customer experience for European enterprise customers. 

 

Also, previously with General Electric (GE) Capital, Joshi was a Senior Manager, Audit & Six Sigma Black Belt, where he led and mentored over 20 projects with focus on business improvements. He has a proven track record, including the development of corporate growth strategies and financial and operational leadership, to dramatically improve business results, lead large and small teams and formulate and drive critical business transformations.

 

“Anin Basu has done an outstanding job as interim CFO, and we thank him for his commitment and dedication to Optiva,” said Danielle Royston, CEO of Optiva. “We are delighted that Ashish has joined the Optiva leadership team, and we are confident that he will help us complete our transformation and further expand our vision as a public cloud first company with an infrastructure to support long-term growth.”

 

About Optiva Inc.:

Optiva Inc. is the leader in providing communication service providers (CSPs) worldwide with cloud-native revenue management software on the public cloud. Operators and MVNOs can integrate our best-of-breed charging engine into a BSS stack or deploy our fully managed, end-to-end, SaaS-based suite. Optiva solutions offer unmatched speed, scale, security and savings. Our market knowledge, analytical insights and unique Customer Success Program ensure telecoms are equipped to achieve their strategic business goals. Established in 1999, Optiva Inc. is on the Toronto Stock Exchange (TSX: OPT). For more information, visit www.optiva.com.

 

For additional information, please contact: 

 

Media Inquiries: 

Kristin Donelson

media@optiva.com 

 

Investor Relations: 

Ali Mahdavi

investors-relations@optiva.com