Wipro Appoints Anis Chenchah as CEO, APMEA

Rhea-AI Summary

Wipro Limited (NYSE: WIT) has appointed Anis Chenchah as the new Chief Executive Officer for the APMEA region and as a member of the Wipro Executive Board. Chenchah, previously Global CEO at Capgemini Business Services, brings over 20 years of experience in IT and Consulting. This leadership change follows N S Bala’s decision to step down for personal reasons. Wipro aims to leverage Chenchah's expertise to enhance growth in the Asia Pacific, India, Middle East, and Africa markets, emphasizing the importance of digital transformation and innovation in its strategic plans.

Positive

• Appointment of Anis Chenchah expected to drive growth in the APMEA region.
• Chenchah's extensive experience could strengthen Wipro's leadership.
• Wipro aims to enhance its digital transformation capabilities.

Negative

• N S Bala's departure may create a leadership gap during the transition.

Anis also joins the Wipro Executive Board

DUBAI, United Arab Emirates & BANGALORE, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced the appointment of Anis Chenchah as member of the Wipro Executive Board and Chief Executive Officer, APMEA (Asia Pacific, India, Middle East and Africa).

Anis has over two decades of experience in Consulting, IT and Business Process Services. He joins from Capgemini where he was the Global CEO of Capgemini Business Services and member of the Group Executive Committee. Prior to that, Anis held various leadership roles in Capgemini Financial Services across Europe and the Middle East.

“I warmly welcome Anis to Wipro. His appointment is a bold indication of our ambition for exponential growth and leadership in APMEA as we tap into its promising future. With his successful track record of driving high growth in diverse contexts, managing complex transformations and building high-performance teams, Anis is well-positioned to accelerate our success in this strategic market,” said Thierry Delaporte, CEO & Managing Director, Wipro.

“I admire Wipro’s purpose and its extraordinary commitment to social good and am impressed by the effectiveness of its transformation over the past 2 years. It is a privilege to lead Wipro’s business in a region that I am deeply passionate about, and to partner with our clients as they accelerate their business and digital transformation,” said Anis Chenchah.

Anis holds a Master’s degree in Engineering from ENSISA in France.

N S Bala, who has been the CEO of the APMEA Strategic Market Unit for the past year, has decided to move back to the US for personal reasons. We respect his decision to therefore move on from Wipro and want to sincerely thank him, not only for setting a strong foundation in place in APMEA but also for his unstinting contributions to Wipro over the past three decades. We wish him all the best for his next endeavour.

About the APMEA Strategic Market Unit

Wipro has a strong presence and experience across the various regions that comprise APMEA. This market unit plays a strategic role as the ‘growth-engine’ of the organization, especially with the increasing demand from our customers for comprehensive modernization and digital transformation solutions, deep domain expertise and innovation at scale. In line with our growth ambitions, we continue to invest in localization and building diverse talent, while strengthening our ecosystem partnerships and knowledge of regional demands to meet our clients’ expectations.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005337/en/

Sandeep Deb Varman

Wipro Limited

sandeep.varman@wipro.com

Source: Wipro Limited

FAQ

Who is the new CEO of Wipro Limited?

Anis Chenchah has been appointed as the new CEO for the APMEA region.

What is the significance of Anis Chenchah's appointment?

His experience is expected to enhance Wipro's growth strategy in key markets.

Why did N S Bala leave Wipro?

He decided to move back to the US for personal reasons.

What regions will Anis Chenchah oversee as CEO?

He will oversee operations in Asia Pacific, India, Middle East, and Africa.