Beijing-based technology outsourcing company Pactera Technology International Ltd., which was privatized by a consortium led by The Blackstone Group in March, says that Balaji Yellavalli has been appointed as president and chief operating officer (COO) of Pactera’s North American business, according to a company announcement.
This is the first senior management appointment after the privatization deal was completed almost half year ago.
North America is Pactera’s largest geography in terms of revenues, contributing approximately 40% of total revenues in 2013.
The position is a newly established role at Pactera, aimed at sharpening its focus on a very important market and bringing more depth to client engagement.
Yellavalli will be responsible for driving revenue generation and management of the company’s regional operations including sales, marketing and onshore delivery organizations.
"It is part of our strategy to ensure that we stay focused and invest in an IT services market that is disrupted by enterprise digital transformation, which is especially true in the banking and financial services industry," says Tiak Koon Loh, CEO of Pactera.
Yellavalli has spent a substantial part of his career with leading global consulting and technology organizations. Most recently he was the vice president and global head of industry domain consulting and large deals at Wipro Ltd.’s banking, financial services & insurance (BFSI) unit in New York.
Prior to that, he had a long stint spanning almost 13 years at Infosys Ltd.