Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit
10 Abril 2024 - 9:07AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
technology services and consulting company, announced today the
appointment of Malay Joshi as Chief Executive Officer of Wipro
Americas 1 Strategic Market Unit, effective immediately. Malay
succeeds Srini Pallia, who was appointed as Chief Executive Officer
and Managing Director of Wipro Limited on April 6. Malay will also
join the Wipro Executive Board.
Malay was previously the Senior Vice President and Business Unit
Head, leading the Communications, Media, Tech, Retail, Travel,
Hospitality and Public Sector industries, which make up one of
Wipro’s largest business units globally. In this role, he was
responsible for helping clients drive successful enterprise
transformations, enhancing client experience (CX), strengthening
delivery, and ensuring consistent revenue growth in the sectors he
leads.
“Malay has been leading one of the largest business units at
Wipro and has delivered the highest CAGR over a decade across
multiple global businesses,” said Srini Pallia, Chief Executive
Officer and Managing Director, Wipro Limited. “His client
centricity and deep understanding of the industry makes him an
ideal fit to lead the Americas 1 strategic market. He is the
perfect leader to take the helm of this fast-growing market and
write its 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, industries, and geographies. He has a strong background
in delivery, consultative sales, and client engagement.
Malay holds a Bachelor’s degree in Information Technology
Engineering and has graduated from Harvard Business School’s
Leading Global Businesses Executive Program and Advanced Program
Management from Stanford University.
“I am honored to assume the role of CEO Americas 1, a market
that is brimming with opportunity and potential,” said Malay
Joshi, Chief Executive Officer, Americas 1 Strategic Market Unit,
Wipro Limited. “I am looking forward to leading our talented
team toward a future where we can harness the power of technology
to continue to enhance our value proposition for our clients and
communities.”
Malay is a member of Wipro’s Culture Council. He will be based
out of Wipro’s New York City office.
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 240,000 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.
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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Media Contact: Wipro Media Relations
Media-relations@wipro.com
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