
DUBAI, United Arab Emirates & BENGALURU, India - Friday, 10. May 2024
(BUSINESS
WIRE) -- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
technology services and consulting company, today announced the
appointment of Vinay Firake as the Chief Executive Officer, APMEA (Asia
Pacific, India, Middle East & Africa) Strategic Market Unit (SMU),
effective immediately. Vinay will report to Srini Pallia and will also
join the Wipro Executive Board.
Vinay has been with Wipro for 26
years and has grown with the organization, serving in various leadership
roles. He was most recently the Senior Vice President and Managing
Director of Wipro-Nordics Business Unit based in Stockholm, where he led
Operations across all industries and services. Prior to that, he led
the Manufacturing & Automotive Business Unit in Europe and held
various roles spanning Europe and North America, including Global Head
for the Enterprise Digital Operations & Platforms business and Sales
Head for Wipro's Enterprise Applications businesses in Europe.
“Vinay
has successfully led Wipro in diverse regions globally and is the
perfect candidate for this role,” said Srini Pallia, Chief Executive
Officer and Managing Director, Wipro Limited. “He has the expertise and
vast experience to spearhead our business in APMEA, one of our most
promising SMUs. Vinay has a great track record in the Nordics Business
Unit, where he was instrumental in signing several prestigious clients,
and I am confident that he will bring the same rigor and success to
APMEA.”
“I would like to thank Anis for his leadership over the
last two years, during which we made significant inroads into this SMU.
We wish him all the best in his future endeavors. He will continue until
May 31, 2024, working closely with Vinay and me to ensure a smooth
transition,” added Srini Pallia.
Commenting on his appointment,
Vinay Firake said, “I am honored to take on the leadership of our APMEA
SMU, a pivotal region in the growing technology landscape. I look
forward to collaborating with our skilled team to expand our
capabilities in this market and drive innovation.”
Vinay holds a
Master’s Degree in Business Administration specializing in Finance and
Bachelor’s degree in Computer Engineering from prestigious institutes in
India. He has also successfully completed the Global Strategic
Leadership Program from Wharton School and the Executive Leadership
Program from Harvard Business School.
Vinay succeeds Anis Chenchah, who is stepping down to pursue opportunities outside the organization. He will be based in Dubai.
About Wipro Limited
Wipro
Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology
services and consulting company focused on building innovative solutions
that address clients’ most complex digital transformation needs.
Leveraging our holistic portfolio of capabilities in consulting, design,
engineering, and operations, we help clients realize their boldest
ambitions and build future-ready, sustainable businesses. With over
230,000 employees and business partners across 65 countries, we deliver
on the promise of helping our customers, colleagues, and communities
thrive in an ever-changing world. For additional information, visit us
at www.wipro.com.
Wipro Forward-looking Statements
The
forward-looking statements contained herein represent Wipro’s beliefs
regarding future events, many of which are by their nature, inherently
uncertain and outside Wipro’s control. Such statements include, but are
not limited to, statements regarding Wipro’s growth prospects, its
future financial operating results, and its plans, expectations, and
intentions. Wipro cautions readers that the forward-looking statements
contained herein are subject to risks and uncertainties that could cause
actual results to differ materially from the results anticipated by
such statements. Such risks and uncertainties include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, complete proposed corporate actions, intense competition in IT
services, our ability to maintain our cost advantage, wage increases in
India, our ability to attract and retain highly skilled professionals,
time and cost overruns on fixed-price, fixed-time frame contracts,
client concentration, restrictions on immigration, our ability to manage
our international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability to
successfully complete and integrate potential acquisitions, liability
for damages on our service contracts, the success of the companies in
which we make strategic investments, withdrawal of fiscal governmental
incentives, political instability, war, legal restrictions on raising
capital or acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our
business and industry.
Additional risks that could affect our
future operating results are more fully described in our filings with
the United States Securities and Exchange Commission, including, but not
limited to, Annual Reports on Form 20-F. These filings are available at
www.sec.gov. We may, from time to time, make additional written and
oral forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and our
reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us or on
our behalf.
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Contacts
Wipro Media Contact:
Media-relations@wipro.com
Subramaniam M
Subra.m@wipro.com
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