IT services provider Stefanini has named Marcelo Ciasca as chief executive for its Brazilian operations. Currently the company’s CEO for Latin America, Ciasca will replace Monica Herrero.
Marcelo headed Stefanini’s Mexican operations until 2012, when the IT services provider split its operations into four regional units: Brazil, Latam (Spanish-speaking countries), the United States, and Asia/ Europe.
“We appreciate Monica Herrero’s collaboration for the company’s growth and wish Marcelo Ciasca, who arrives to run Stefanini’s largest operation, a success,” said Marco Stefanini, the company’s founder and Global CEO.
In its statement, the Brazilian company has also announced that Damian Mendez, who is serving as the country manager for Argentina and Peru, will take over as the company’s CEO for Latin America.
“I am excited about the new challenge, especially as there are great opportunities for digital transformation. We have our ventures inside, which act as disruptive solution accelerators, allowing Stefanini to offer a complete end-to-end offer,” said Marcelo Ciasca.
One of a few Latin American IT companies to run offices in China and India, Stefanini’s operations in Brazil has grown significantly in recent years, particularly after it purchased three technology companies in the country.
Last year it acquired Estatistica Segura, which transforms collected data into insights to generate new business, and Magma, a multidisciplinary startup specialized in information technology for the health segment.
Earlier this year, Stefanini bought out another domestic rival Intelligenti, which provides technology solutions and back-office services to lawyers.
The Sao Paulo-based provider posted around US$781 million in revenue for 2018, a 7% increase compared to the earnings in the previous year.