Noventiq Appoints Lubilay Vargas and Pablo Gagliardo as New Vice Presidents to Accelerate Growth in Latin America
Both leaders will focus on expanding the business and strengthening partnerships across the region to continue helping organizations to transform and operate efficiently and securely in an increasingly digital economy.
Noventiq Holdings PLC, a global leader in digital transformation and cybersecurity solutions and services, has appointed Lubilay Vargas and Pablo Gagliardo as Vice Presidents to spearhead operations in distinct Latin American markets.
Lubilay Vargas, with over two decades in commercial IT, has been instrumental in leading sales and business growth. Since joining Noventiq in 2010, she has successfully managed the company’s subsidiary in Chile and now, as new Vice President, will also lead Costa Rica, Peru, Mexico, and Venezuela’s operations. Meanwhile, Pablo Gagliardo brings 25+ years of B2B IT experience, particularly in transforming the Argentinian subsidiary into a dynamic solutions organization. His current focus is on expanding the business, strengthening partnerships, and spearheading digital transformation across Brazil, Argentina, Colombia, Bolivia, Paraguay, and Uruguay.
Lubilay Vargas, the new VP for Chile, Costa Rica, Peru, Mexico, and Venezuela, shares:
"Leading Noventiq's operations in Chile has been valuable both personally and professionally. Collaborating closely with regional colleagues has given me insights into the unique challenges and opportunities in this market and across Latin America. In my new role, I aim to leverage my experience to drive growth across the entire region, promoting innovation and collaboration. I'm excited to lead the extraordinary teams that contribute to the success of these markets every day."
Pablo Gagliardo, Noventiq's newly appointed VP for Brazil, Argentina, Colombia, Bolivia, Paraguay, and Uruguay, said:
“This is an exciting opportunity to contribute to the company's ongoing success in Latin America. With previous leadership roles in Argentina and Brazil, I am eager to work with these new markets, recognizing their substantial growth potential. I pledge to work tirelessly alongside the outstanding professionals in these countries to maintain excellence and ensuring team success.”
Hervé Tessler, CEO of Noventiq, commented:
“The Latin American IT market is on track to continue growing, with a 6.5% CAGR expected from 2024 to 2029. This growth is largely driven by the rise in digital transformation and the expanding use of cloud-based solutions and services, areas where Noventiq excels. Recognizing the vast opportunities in this region, we are appointing Lubilay and Pablo as the new Vice Presidents for Latin America. Their expertise and leadership will help to accelerate growth and bring success to Noventiq.”
Noventiq (Noventiq Holdings PLC) is a leading global solutions and services provider in digital transformation and cybersecurity, headquartered in London. The company enables, facilitates, and accelerates digital transformation for its customers’ businesses, connecting over 80,000 organizations across a comprehensive range of industries with more than 500 vendors and delivering its own services and proprietary solutions.
In the year ended March 31, 2023, Noventiq's revenue was $402 million an increase of 62% in reported currency, and 71% on a constant currency basis. Gross profit was $176 million, an increase of 51% in reported currency, and 61% in constant currency. The company’s growth is underpinned by its three-dimensional strategy to expand its market penetration, product portfolio, and sales channels. The strategy is supported by an active approach to M&A which enables Noventiq to take advantage of the ongoing consolidation in the industry. With approximately 6,400 employees globally, Noventiq transacts in approximately 60 countries with significant growth potential (including in Latin America, EMEA and APAC, including India).
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