In the context of the company's ongoing transformation and active business growth, the IBS Management Team has taken a decision to strengthen its corporate finance function and create a new position: Chief Financial Officer (CFO). Sergey Rezontov, an expert who has extensive experience in the financial management of public companies will step into the role. In recent years, Sergey has headed the finances of Mechel PAO, a global mining and metals company, which has a listing at New York Stock Exchange (NYSE).
As the Chief Financial Officer of IBS, Sergey Rezontov will focus on strategic financial planning, common financial policy implementation, and will also lead the process of business growth through mergers and acquisitions (M&A).
“We are excited to welcome Sergey to the IBS team. His expertise and extensive experience in financial management will help us enhance one of key functions of the company and, in general, strengthen our market-leading position”, said IBS CEO Svetlana Balanova.
Sergey Rezontov commented on his appointment and underlined, “Information technology is the most dynamic and promising field today. IBS is one of the leaders in the market with impressive achievements in recent years. The level of financial management in the company, including the organizational model, transparency and automation, corresponds to the best world practices. I'm glad to join this brilliant team of professionals at an important and interesting time for IBS and the entire Russian IT market”.
Sergey Rezontov was born in 1983 in Moscow. In 2006, he graduated summa cum laude from Plekhanov Russian University of Economics with degrees in Management, as well as in Investment and Innovation Management. Sergey began his career in Commerzbank (Eurasija) SAO, where he worked his way up from an assistant to a manager in the Corporate Banking Department. Following that, he managed finances in metals companies: Mechel PAO (2006-2012, 2014-2017) and Lysva Metallurgical Company (2013-2014).
About PJSC IBS IT Services (IBS)
IBS (Public Joint-Stock Company IBS IT Services) is a leading IT services provider and a key technology partner for Russian businesses and government bodies. The company leverages its team’s technological know-how and understanding of the current economic situation to create innovative solutions that help its clients gain a competitive advantage and attain better results in the digital age.
IBS solves complex problems related to the strategic development of an organisations’ IT resources and increases the efficiency of its business processes. The company also offers implementation of business applications, IT infrastructure design and building, data management and analytics, systems integration, development of software and customized solutions, as well as information security and outsourcing.
IBS builds long-term partnerships with clients such as Aeroflot, Gazprom, Gazprombank, Rosatom, Rosneft, Sberbank, Х5, the Bank of Russia (Central Bank), the Ministry of Finance, Rosavtodor, the Federal Treasury, the Federal Tax Service, Social Insurance Fund and many others, based on its first-rate engineering experience, innovations and profound industry knowledge. Most of Russia’s 50 biggest companies by revenue are clients of IBS (source: RBC 500 ranking for 2017).
IBS is one of Russia’s leading companies in IT services, and among the biggest firms in the sector by revenue. IBS is a market leader in the consulting, software customisation, systems integration and hosted-infrastructure segments (source: IDC, Competitive Profiles and Analysis of Leading IT Services Players in Russia, 2017).
There are several subsidiary companies within IBS: BFT IBS develops programming and consulting solutions for the state and private sectors; IBS Platformix supplies standardized IT infrastructure solutions; IBS Datafort provides professional private cloud-based IT services. The company also has its own product lines including Skala-R (hyper-converged IT infrastructure solutions), Planeta (a business processes management platform), ArenaData (universal data platform), SmartGate (mobile university platform) and others.
The main IBS office is located in Moscow, the offices of development and customer services are in Penza, Perm, Belgorod, St. Petersburg and Ulyanovsk.