BEIJING, Oct. 8, 2014 /PRNewswire/ – Pactera Technology International Ltd. (“Pactera” or the “Company”), a global consulting and technology services provider strategically headquartered in China and part of The Blackstone Group (NYSE: BX) Portfolio, today announced that Balaji Yellavalli has been appointed President & Chief Operating Officer (COO) of Pactera’s North American business.
North America is Pactera’s largest geography in terms of revenues, contributing approximately 40% of total revenues in 2013. The North America President & COO 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; Mr. Yellavalli will be responsible for driving revenue generation and management of the Company’s Regional operations including sales, marketing and onshore delivery organizations.
Tiak Koon Loh, CEO of Pactera commented, “The North America President position is an important addition to our expanding leadership team in the North America. 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. I’m pleased to welcome Balaji to this new role. Given his deep industry experience, I am also confident that he will be a positive motivating force for the business, attracting and retaining top talent to bring new capabilities and solutions to our clients.
Mr. Yellavalli added, “I am very excited to join the Pactera team. As a leading China-based global consulting and technology player, Pactera offers a compelling value proposition in a rapidly evolving IT and IT-enabled Services market. I hope to leverage my North American market experience as well as knowledge of global service-delivery to contribute positively to our clients’ businesses.”
Mr. Yellavalli has spent a substantial part of his career with leading global consulting and technology organizations. Most recently he was the Vice President & 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. As a VP based in New York, Mr. Yellavalli played an active role in Infosys’ growth across consulting, client services, and industry solutions for global clients. His last position at Infosys involved managing some of their largest global Banking & Financial Services relationships. He has also worked across multiple verticals including Retail, Consumer Goods and Manufacturing during his long career there.
Mr. Yellavalli received his MBA from the Indian Institute of Management (IIM) and a Bachelor’s degree in Chemical Engineering from the Indian Institute of Technology (IIT). Mr. Yellavalli is a naturalized American Citizen and lives in New York City.