Wipro appoints Malay Joshi as CEO of strategic market unit Americas 1

2024-04-10 21:32:39

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology and consulting services company, today announced the appointment of Malay Joshi as CEO of Wipro’s Americas 1 strategic market unit, effective immediately. Malay succeeds Srini Pallia, who was appointed CEO and Managing Director of Wipro Limited on April 6. Malay will also be part of the Wipro Executive Board.

Previously, Malay was Senior Vice President and Business Unit Head, leading communications, media, technology, retail, travel, hospitality and public sector sectors, which constitute one of Wipro’s largest business units globally. In this role, he was responsible for helping clients drive successful business transformations by improving customer experience (CX), strengthening delivery and ensuring consistent revenue growth across the industries he leads.

“Malay leads one of Wipro’s largest business units and has delivered the highest compound annual growth rate over a decade across several international businesses,” he said Srini Pallia, CEO and Managing Director, Wipro Limited. “His customer focus and deep industry knowledge make him the ideal person to lead the Americas 1 strategic market. He is the perfect leader to take the helm of this fast-growing market and write the next chapter of our growth.”

Malay joined Wipro in 1996 and has had an extensive career spanning over 28 years in various leadership roles across functions, sectors and geographies. He has strong experience in delivery, consultative sales and customer engagement.

Malay holds a bachelor’s degree in Information Technology Engineering and graduated from Harvard Business School’s Leading Global Businesses Executive Program and Stanford University’s Advanced Program Management.

“It is an honor to take on the role of CEO of Americas 1, a market full of opportunities and potential,” he said Malay Joshi, CEO of Wipro Limited’s Americas 1 strategic market unit. “I can’t wait to lead our talented team into a future where we can harness the power of technology to continue improving our value proposition for our customers and communities.”

Malay is a member of Wipro’s Culture Board. He will work in Wipro’s New York (USA) office.

Sobre a Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology and consulting services company focused on developing innovative solutions that meet customers’ most complex digital transformation needs. Leveraging our integrated portfolio of capabilities in consulting, design, engineering and operations, we help clients realize their boldest ambitions and build sustainable, future-ready businesses. With more than 240,000 employees and business partners in 65 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more information, visit us at www.wipro.com.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by nature inherently uncertain and beyond Wipro’s control. Such statements include, but are not limited to, statements about 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, revenues 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, salary increases in India, our ability to attract and retain highly qualified professionals, excess time and costs in fixed price and term contracts, customer concentration, immigration restrictions, our ability to manage our international operations, reduction in demand by technology in our key areas of focus, disruptions in telecommunications networks, our ability to successfully complete and integrate potential acquisitions, liability for damages under our service contracts, success of companies in which we make strategic investments, withdrawal of government tax 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 the industry.

Additional risks that could affect our future operating results are more fully described in our filings with the U.S. Securities and Exchange Commission (SEC), including, but not limited to, annual reports on Form 20-F. These records 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 SEC and in our reports to shareholders. We undertake no obligation to update any forward-looking statement that may be made from time to time by us or on our behalf.

The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.

Contact:

Press office:

Wipro

[email protected]

Source: BUSINESS WIRE

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