Stefanini Announces Rakesh Chitradurga as Vice President of Application Development Services

Largest Brazil-based IT Services Company adds former HP, WIPRO executive to its growing US executive team

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Jul 11, 2012, 09:49 ET

SOUTHFIELD, Mich., July 11, 2012 /PRNewswire/ -- Stefanini (www.stefanini.com), a leading global IT services provider, today announced that Rakesh Chitradurga has joined as Vice President of Application Development Services. Chitradurga has led application transformational programs, application development/support and management consulting for the world's leading global institutions on both small strategic engagements as well as large-scale delivery programs.

Chitradurga, who will be based at the company's Southfield Michigan US headquarters, will report to North America CEO Antonio Moreira.

Chitradurga brings over 20 years of transformational programs, application development/ support and management consulting to his new role with Stefanini. Most recently, Chitradurga was at HP, where he worked with leadership to assess and create a vision to transform a large deals organization which globally focused on applications and BPO. Prior to HP, Chitradurga worked at WIPRO where for 5 years he focused on large scale application consulting, development, application managed services, and business process delivery.

"Rakesh brings a wealth of experience with large scale service providers that will strengthen Stefanini's leadership in addressing the outsourcing opportunities within this community," said Moreira. "Rakesh's experience working with leading global institutions on both small strategic engagements as well as large-scale delivery programs will make him a very valuable part of our team."

Brazil-based Stefanini – a global provider of onshore and nearshore IT consulting, integration and development, and outsourcing services – grew revenues by 20% in 2011 and is projecting accelerated revenue growth in 2012, with the US market identified as a key target. Chitradurga is the latest in a series of management additions in support of growth in the region. In the past year, Stefanini has added Sally A. Brandtneris (CFO) and John Shane (Business Development VP) to their growing executive team.

"Stefanini's offerings represent a clear and compelling opportunity for many organizations and I feel fortunate to be coming into the company at such a great time," said Chitradurga. "I look forward to building and delivering application development programs for today's business challenges."

About Stefanini

Stefanini is a global IT services company with over 16,000 employees across 71 offices in 30 countries across the Americas, Europe, Africa, Australia, and Asia. Since 1987, Stefanini has been providing offshore, onshore and nearshore IT services, including application development and outsourcing services, IT infrastructure outsourcing (help desk support and desktop services), systems integration, consulting and strategic staffing to Fortune 1000 enterprises around the world.

With a base of over 500 active clients, including more than 300 multinationals, Stefanini maintains a strong presence in industries such as financial services, manufacturing, telecommunications, chemical, services, technology, public sector, and utilities. Clients benefit from Stefanini's financial stability, sustained year-over-year growth, and zero net debt. The corporate global headquarters is located in Sao Paulo, Brazil with European headquarters in Brussels and North American headquarters in metropolitan Detroit.

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