Wipro Appoints Sanjeev Jain as Chief Operating Officer

Rhea-AI Summary

Wipro announced the appointment of Sanjeev Jain as Chief Operating Officer, effective immediately. He succeeds Amit Choudhary, who is stepping down. Sanjeev joined Wipro in 2023 and has over 30 years of experience in business operations, Lean Six Sigma, and design thinking.

He has been instrumental in Wipro's AI training and talent management initiatives. As COO, he will oversee Global Business Operations, the CIO, CISO, and Enterprise Risk Management, focusing on client-centric and profitable growth.

Srinivas Pallia, CEO, praised Sanjeev's impact on strategic thinking and execution. Amit Choudhary will remain until May for a smooth transition.

Positive

• Appointment of experienced leader Sanjeev Jain as COO.
• Sanjeev has over 30 years in leading global operations and deploying Lean Six Sigma.
• Led AI training and upskilling for 225,000 employees.
• Focus on client-centric delivery organization and profitable growth.
• Sanjeev's background in reputable firms like IBM, Cognizant, and GE.

Negative

• Amit Choudhary stepping down might indicate potential internal challenges.
• Transition period may cause temporary operational disruption.
• No immediate financial gains or specific performance metrics mentioned.

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas Pallia and will continue to be a member of Wipro’s Executive Committee.

Sanjeev joined Wipro in 2023 as the Global Head of Business Operations. He brings over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles to drive operational excellence and business transformation.

Over the past year, Sanjeev has been leading Wipro’s talent supply chain, including Wipro’s gig work platform, TopGear, as well as talent skilling, global mobility, talent acquisition, and business resilience functions. He has played a key leadership role in the development and deployment of Wipro’s AI training and upskilling strategy.

As Chief Operating Officer, Sanjeev will be responsible for continuing Wipro’s journey of building a client-centric delivery organization focused on driving sustainable, profitable, and delivery-led growth. He will oversee Global Business Operations, the Chief Information Office, the Chief Information Security Office, and the Enterprise Risk Management function and continue to work closely with Wipro’s leadership teams across the organization on transformation initiatives.

“In the short time that Sanjeev has been with Wipro, he has developed strong relationships with on-the-ground delivery teams and made a significant impact on our strategic thinking and execution prowess,” said Srinivas Pallia, Chief Executive Officer and Managing Director of Wipro Limited. “Under his leadership, we’ve built out our approach to AI training and upskilling and trained over 225,000 of our people in AI principles. Sanjeev has also been instrumental in devising our career development strategy for next-gen associates and significantly enhancing our utilization. As COO, he will be responsible for continuing to simplify our operating model, building a client-centric delivery organization, and driving operational excellence with a focus on execution rigor and speed.

“I would like to thank Amit for his leadership over the last two years and for building a strong operations foundation and structure that will be invaluable as we move forward. Amit will be with us until the end of May, working closely with Sanjeev and me to ensure a smooth transition.”

Commenting on his appointment, Sanjeev Jain said, “I am honored and excited to take on the role of Chief Operating Officer. I look forward to further strengthening our operational and delivery capabilities to bring more value to our clients.”

Prior to joining Wipro, Sanjeev held leadership roles at Kyndryl Holdings (IBM spin-off), IBM, Cognizant, and GE. In his previous roles, Sanjeev enabled profitable growth by integrating the end-to-end talent supply chain, driving margin expansion, simplifying processes, and strengthening the operating rhythm.

Sanjeev is a distinguished alumnus of IIM-Mumbai and a certified Master Black Belt from GE. He will be based in Bengaluru.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240517821167/en/

Wipro Media Contact:

Media-relations@wipro.com

Source: Wipro Limited

FAQ

Who is the new COO of Wipro as of the latest announcement?

Sanjeev Jain has been appointed as the new COO of Wipro.

What is the effective date of Sanjeev Jain's appointment as COO?

Sanjeev Jain's appointment as COO is effective immediately.

What experience does Sanjeev Jain bring to his new role as COO of Wipro?

Sanjeev Jain has over 30 years of experience in business operations, Lean Six Sigma, and design thinking.

What roles has Sanjeev Jain held before joining Wipro?

Prior to joining Wipro, Sanjeev Jain held leadership roles at Kyndryl Holdings (IBM spin-off), IBM, Cognizant, and GE.

What initiatives has Sanjeev Jain led at Wipro prior to becoming COO?

Sanjeev Jain led Wipro's talent supply chain, AI training and upskilling strategy, and talent management initiatives.

What will Sanjeev Jain oversee as the COO of Wipro?

As COO, Sanjeev Jain will oversee Global Business Operations, CIO, CISO, and Enterprise Risk Management.

When is Amit Choudhary stepping down as COO of Wipro?

Amit Choudhary is stepping down to pursue opportunities outside and will remain until the end of May for a smooth transition.