Encora , a market leader in outsourced software engineering services, today announced the appointment of Deepak Bhandari, founder and former managing director of Marylebone Capital Advisors, as executive vice president and corporate development director. The decision becomes effective immediately. The appointment of Bhandari is in line with Encora’s strategy of further building the company’s service potential. In his new role, Bhandari will play the role of a strategic leader to develop the company’s strategic presence in Latin America and India and support its expansion into new markets, such as Central and Eastern Europe.
“We are delighted to add Deepak to our global leadership team,” said Venu Raghavan , CEO of Encora. “His extensive experience in corporate development and market expansion, combined with the thought leadership he brings in partnerships, mergers and acquisitions, complements Encora’s strengths, creating opportunities for our business to grow.”
Deepak is an experienced specialist with extensive international experience in a variety of industries, including over 25 years of experience in investment banking and strategic capital advisory, investment fund structuring as well as mergers and acquisitions. In the technology sector, he was mainly involved in building relationships with founders of dynamically growing companies on a number of international markets and providing them with strategic advice in their efforts to develop optimal solutions in the context of mergers and acquisitions.
“I am delighted to be able to work with Encora and support it in its global expansion into new markets by forging strategic partnerships and making more acquisitions,” said Bhandari. “It is an honor for me to be among the remarkable leaders of Encora and to be able to contribute to its growth while it is reaching unprecedented levels.”