Encora , a leader in outsourced software engineering services, announced that founder and former managing director of Marylebone Capital Advisors, Deepak Bhandari, has been named executive vice president and head of corporate development, effective immediately.
Bhandari’s appointment confirms Encora’s current strategy of further expanding its service offering. In this capacity, Bhandari will provide strategic leadership to support the company’s business activities with a focus on expanding its strategic presence in Latin America and India and entering new markets such as Central and Eastern Europe, the statement said.
“We are delighted to welcome Deepak to our global leadership team,” stated Venu Raghavan, CEO of Encora. “His extensive experience in business development and market expansion, along with his management skills in partnerships, mergers and acquisitions, complements existing strengths to Encora and creates opportunities for further development of our business.”
Deepak is a recognized professional with extensive global experience across a range of industries, embodying over 25 years of experience in investment banking and strategic equity advisory, investment fund structuring and mergers and acquisitions. In the technology sector, he focuses on building relationships with founders of high-growth companies in several global markets, and providing strategic advice to these founders in their efforts to successfully exit the market through mergers and acquisitions.
“I am excited to join Encora and support it in expanding its global operations into new markets through strategic partnerships and acquisitions,” said Bhandari. “I am also honored to join the company’s exceptional leadership team and participate in this an unprecedented period of its growth.”
With more than 7,300 associates in more than 40 offices and innovation labs in the US, Mexico, Costa Rica, Brazil, Colombia, Bolivia, Peru, Canada, India and Asia Pacific, Encora is enabling Encora to accelerate the pace of results through its global talent pool, vertical micro-discipline expertise and proprietary agile engineering capabilities.
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