As Chairman and CEO of Acculynk, Ashish Bahl sets the company’s strategic direction and is responsible for P&L. Prior to joining Acculynk, Mr. Bahl founded Harbor Payments, Inc. in 2000 and served as the CEO until the company was purchased by American Express in December 2006, when he became the Senior Vice President of the EReceivables Business unit. Harbor Payments was the recognized global leader in the emerging electronic invoicing industry, and rated as one of the fastest growing technology firms by Deloitte in 2005.
Prior to founding Harbor Payments, Mr. Bahl was formerly at iXL where he was a Senior Vice President of iXL Ventures and the founder of iXL’s Financial Services Practice Group (FSPG). The FSPG provided strategic and technology services to major financial institutions seeking to leverage the Internet for business advantage. Mr. Bahl grew the practice to the largest industry component within iXL, accounting for approximately 33% of the company’s revenue during 1998, the year of its IPO.
Prior to iXL, Mr. Bahl founded and served as the CEO of Exchange Place Solutions (EXPS), a firm focused on providing strategy and technology solutions to financial services institutions. EXPS’ primary competence was within the area of electronic payments, including ACH, Wire, I-ACH, and SWIFT. Exchange Place Solutions was acquired by iXL in 1997.
Mr. Bahl holds a B.S. in Mathematics and Electrical Engineering from Vanderbilt University and an MBA from Carnegie Mellon University. His civic responsibilities include Board positions in Leadership Atlanta, TIE, and the Technology Association of Georgia (TAG).
Nandan Sheth serves as President and COO of Acculynk. Mr. Sheth’s responsibilities cover corporate development, business development, alliances, product strategy and operations. Before joining Acculynk, Mr. Sheth co-founded Harbor Payments where he served as the Chief Operating Officer. Harbor Payments was sold to American Express in December 2006 where Mr. Sheth served as a Vice President & General Manager within the Global Commercial Card group.
Prior to Harbor Payments, Mr. Sheth started a payment technology company which served the credit and receivables industry. Mr. Sheth has also worked at major banks, professional service firms and Fortune 1000 corporations across North America and Europe. Mr. Sheth has held senior positions at Goldman Sachs, Deloitte & Touche, AT&T, IBM and has worked with clients such as JP Morgan Chase, Bank of America, Citigroup, HSBC, LloydsTSB and National Westminster Bank.
Mr. Sheth holds a Bachelor of Science Degree with Honors in Computing Science from City University (London, UK) as well as an MBA from Cass Business School (London, UK).