Abacus Group, an MSP to alternative investment firms, appointed Anthony J. D’Ambrosi as CEO. He replacing Chris Grandi, who transitions to become chairperson, D’Ambrosi expects to more than double the size of the business within the next three years, while further bolstering service delivery capabilities and innovation.
D’Ambrosi brings over three decades of global IT and service provider industry experience and a background in managed services, cybersecurity and finance. He joins the company from ATSG, where he was CEO and previously held several other senior executive posts, leading and transforming large public and middle-market private service provider organizations.
D’Ambrosi will focus on accelerating growth for Abacus Group’s business, across the financial services market and on a global scale, through targeted acquisitions and organic client expansion. He will focus on extending operations in the NAFTA and EMEA regions, with enhanced service offerings driven by a cloud and cybersecurity-first approach and a strong emphasis on client and partner engagement.
“I am incredibly honored to take on the role of CEO at Abacus Group and build on the outstanding achievements of Chris, who has led the company since its inception 16 years ago,” said D’Ambrosi. “Our goal is to become the leading managed IT and cybersecurity service provider for the global financial services industry, and the foundation has been laid to realize this vision through our collaborative, client-centric culture, which is steeped in operational efficacy and pragmatic innovation. We have the talent, the passion and the resources to execute on our vision, which makes the next phase of our journey extremely exciting.”
In Grandi’s role as chair, Abacus will continue to benefit from his extensive industry knowledge and experience, ensuring the company remains at the forefront of innovation. Grandi will work closely with D’Ambrosi to ensure a smooth transition, and retain involvement with the company’s efforts in mergers and acquisitions.
“Anthony’s track record in developing and executing a plan for growth is exceptional, and he will bring a style of leadership that everyone connected with Abacus Group will benefit from,” said Grandi. “I have been fortunate to work with so many impressive individuals since founding Abacus Group, and I look forward to continuing my journey with the company as its new Chair.”
