Vamos’ position include tenures as CEO of Microsoft Australia & New Zealand and VP and managing director of Apple Computer Asia Pacific. Drury held his leadership post for 11 years.

The company said Vamos has worked with Xero’s executive team for 18 months to develop its management capability and operating model.

Xero recently announced it will build new office space that is 66-percent large than its current facility. However, despite its growth, Xero has failed in its goal to embark on an initial public offering in the United States. After it raised $150 million in funding in this country, Xero first predicted it would go public before March 31, 2015.