PALM BAY, Fla.--(BUSINESS WIRE)--
ISGN Corporation™ ("ISGN"), a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, effective August 2, 2013, has named Amit Kothiyal its new chief executive officer. Since joining ISGN in 2012, Kothiyal has led ISGN’s global operations, new client implementations and quality functions to drive profitability and scalability. He succeeds Ritesh Idnani, who served as CEO and vice chairman of ISGN and is leaving to pursue his passion of building a company from scratch focused on the U.S. healthcare sector.
According to Shyam Bhartia, chairman of the board at ISGN, “With 16 years of a proven track record of scaling businesses, Amit is an excellent choice to lead ISGN and has demonstrated dynamic leadership and execution during ISGN’s transition to becoming a driving force in the U.S. mortgage sector. On behalf of the board, I want to thank Ritesh for his vision, leadership and contributions that have put ISGN on the path for significant and sustainable, profitable growth and wish him the very best for his future endeavors.”
Idnani adds, “I’ve enjoyed putting the building blocks in place to position ISGN for industry leading growth and profitability. Amit was a perfect candidate to lead this and he is now well prepared to take ISGN to the next level of performance.”
Ben Mathias, ISGN board member and investor from NEA, expresses confidence in Kothiyal’s ability to lead the company: “The combination of a strong leadership team, an energized employee base and real market momentum positions ISGN to be a leader in the U.S. housing and mortgage market. We have full confidence that Amit can build upon the strong financial success that the company has had in 2013 and take it to greater heights.”
Kothiyal states, “ISGN has the unique ability to serve the entire lifecycle of mortgage loans through origination, servicing and default management. Our ability to offer technology and services is a powerful combination to help transform our clients’ cost structure and ability to focus on their primary strategic objectives. I am honored to take on this new role and look forward to working with our world class leadership team to aggressively scale our business.”
Based in Palm Bay, Fla., ISGN is a leading end-to-end provider of mortgage technology and services, impacting almost 11% of all U.S. mortgage loans. Our 1,500 domain and technology experts have spent more than 20 years creating award-winning technologies and solutions to help financial institutions improve precision, reduce risk, manage volatility and effectively transform their business. With flexible staffing and delivery models, ISGN is uniquely positioned as one of the few comprehensive end-to-end mortgage service providers to both the origination and servicing sectors. The company works with a majority of the top ten national lenders, as well as with regional lenders, nonbanks, credit unions and community banks. For more information, visit www.ISGN.com.
- Board & Management Changes