Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Joe Aho, Chief Financial Officer at Majesco was recently named a top CFO of New Jersey for 2024. Fellow recipients of this year’s award come from a wide range of fields, from AI-focused technology companies to life science corporations. The list includes recipients from competitive fields who are helping their companies thrive in a shifting and uncertain financial landscape.
Under Joe’s financial leadership, Majesco is a Rule of 40+ SaaS company with over $300M in total revenue. The company achieved a remarkable 14% growth in overall product performance and a substantial 13% increase in EBITDA during the fiscal year 2023, underscoring its unwavering success in the market and robust financial stability.
“I am honored and proud to be recognized as a Top CFO in New Jersey for 2024. This recognition is a testament to the collective dedication and strategic vision of the entire Majesco team,” says Joe Aho, Chief Financial Officer at Majesco. “In today’s volatile economic market, our commitment to financial excellence and resilience has allowed us to not only navigate challenges but thrive and invest in our products and the business. I am grateful for the trust and support of our stakeholders and look forward to continuing our journey of financial success at Majesco.”
Joe joined the Majesco Leadership Team as Chief Financial Officer in October 2020, and is tasked with leading and solidifying the company’s ability to capitalize on the growing demands for software solutions that deliver digital transformation at speed and scale. In 2014, Joe played an integral role in the sale of Compuware to Thoma Bravo and was key in helping to turn the organization into a thriving company and successfully integrating several acquisitions. This led to a successful sale of Compuware in 2020. He is known as a seasoned finance expert who brings extensive experience and a proven track record in driving growth for enterprise software companies.
About Majesco
Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what is important now. Over 330 insurers, from greenfields and startups to some of the world’s largest insurers, rely on Majesco’s SaaS platforms solutions of core, data, analytics, digital, and rich ecosystem of partners to create their next now.
As an industry leader, we do not believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 900+ successful implementations we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.
For more information, please visit www.majesco.com and follow us on LinkedIn.
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Contacts
Laura Tillotson
Vice President, Marketing Communications and Creative Services
+ 201 230 0752
Laura.Tillotson@majesco.com
