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Wipro names Omkar Nisal as CEO of Europe strategic market unit

YourStory

YourStory · 9m ago

Wipro names Omkar Nisal as CEO of Europe strategic market unit

IT firm Wipro has appointed Omkar Nisal as the CEO for its Europe strategic market unit. Nisal, who has been with Wipro for over 12 years, will report directly to the company's CEO and MD. With his strategic vision and understanding of the European market dynamics, Nisal will lead Wipro's growth and expansion plans in the region. He has previously led Wipro's banking-EMEA business, focusing on digital transformation and automation. Nisal was recently serving as the SVP and MD of the UK and Ireland for Wipro.

Related News

Wipro tasks insider to revive fortunes in its No. 2 market

Livemint

Livemint · 9m ago

Wipro tasks insider to revive fortunes in its No. 2 market

Indian software services provider, Wipro Ltd, has appointed Omkar Nisal as the new CEO of its Europe business, as the company aims to revive its underperforming market. Nisal will take over the role immediately, reporting to CEO Srinivas Pallia. He succeeds Pierre Bruno, who had been in charge of the Europe market since February 2021. Wipro's Europe business accounted for 27.9% of its quarterly revenue in the three months through September. The company's Europe operations have experienced slower growth compared to rivals Tata Consultancy Services and HCL Technologies.

Wipro appoints Malay Joshi as CEO of its largest market Americas 1

Livemint

Livemint · 1y ago

Wipro appoints Malay Joshi as CEO of its largest market Americas 1

Wipro Ltd has appointed Malay Joshi as the CEO of its Americas 1 market unit, the company's largest and fastest-growing market. Joshi, who has been with Wipro for almost three decades, will succeed Srinivas Pallia. He will also join the Wipro executive board. The Americas 1 market unit contributed 31% of Wipro's third-quarter revenue. Wipro is the only Indian IT company among the top four expected to end the year with a revenue decline.

Indian IT firms eye new markets as West slows. Will Asia deliver?

Livemint

Livemint · 2d ago

Indian IT firms eye new markets as West slows. Will Asia deliver?

India's leading IT firms like TCS, Infosys, Wipro, and HCLTech are expanding in the Asia-Pacific region through acquisitions and government partnerships as demand in the US and Europe slows. This strategic move is aimed at offsetting economic uncertainties and diversifying their market presence. Despite the new ventures, the growth from these expansions may take 18-24 months to materialize, with immediate impacts on profit margins due to integration costs.

Wipro to buy Harman Connected Services for $375 million - The Economic Times

Economic Times

Economic Times · 7d ago

Wipro to buy Harman Connected Services for $375 million - The Economic Times

Wipro has announced its acquisition of Harman's Digital Transformation Solutions (DTS) for $375 million. This move aims to enhance Wipro's AI-led engineering services. Once the deal concludes by year-end, subject to regulatory approvals, over 5,600 DTS employees from the Americas, Europe, and Asia will transition to Wipro. Harman Connected Services, a part of Samsung's Harman International, operates R&D centers in India. This acquisition reflects Wipro's strategic expansion in AI services.

Wipro appoints Anne-Marie Rowland as new Capco CEO

Livemint

Livemint · 1y ago

Wipro appoints Anne-Marie Rowland as new Capco CEO

IT company Wipro has announced the appointment of Anne-Marie Rowland as the CEO of Capco, a subsidiary it acquired last year. Rowland, currently managing partner of Capco's UK and Ireland business, will assume her new role from 1 April 2024. She will replace Lance Levy, who will become Capco's strategic advisor. Rowland will report to Wipro's CEO and be part of the company's executive committee. Wipro acquired Capco for $1.45bn in April 2021, marking the firm's largest acquisition to date.

Technology company Wipro rejigs growth organisation; CGO Stephanie Trautman resigns

IndianStartupNews

IndianStartupNews · 1y ago

Technology company Wipro rejigs growth organisation; CGO Stephanie Trautman resigns

Indian technology company Wipro has announced changes in its Chief Growth Office (CGO), with Stephanie Trautman, the Chief Growth Officer, stepping down from her role effective December 31, 2023. Trautman joined Wipro three years ago and played a crucial role in leading growth strategies. The resignation follows the integration of the Strategic Pursuits team, formerly under CGO, into Strategic Market Units, as part of Wipro's efforts to uncover new growth opportunities and improve deal win rates amidst a challenging business environment.

Wipro MD Thierry Delaporte resigns, Srinivas Pallia to succeed as CEO

Livemint

Livemint · 1y ago

Wipro MD Thierry Delaporte resigns, Srinivas Pallia to succeed as CEO

Wipro CEO and MD, Thierry Delaporte, has resigned from his position, according to a regulatory filing by the company. Srinivas Pallia will take over as the new MD and CEO of Wipro, as per the BSE filing.

Subha Tatavarti resigns as Wipro’s chief technology officer

Livemint

Livemint · 1y ago

Subha Tatavarti resigns as Wipro’s chief technology officer

Subha Tatavarti, the Chief Technology Officer (CTO) of Wipro Ltd, has resigned from her position to pursue opportunities outside of the company. Tatavarti, who joined Wipro in March 2021, was brought in by former CEO Thierry Delaporte. Wipro has not yet announced her replacement. This marks the fifth senior management change at Wipro since Srini Pallia took over as CEO in April 2021. Analysts suggest that some senior management churn is expected during a CEO change and that Wipro has been aiming to streamline its leadership structure. Wipro reported a decline in total revenue for the quarter ending June 2024.

Wipro Ventures scores an exit from four-year-old overseas startup bet

VCCircle

VCCircle · 7m ago

Wipro Ventures scores an exit from four-year-old overseas startup bet

Wipro Ventures, the venture capital arm of Wipro Ltd, has successfully exited a four-year investment in an overseas startup. The firm focuses on early- to mid-stage enterprise software solution companies and has made around thirty-six investments since its inception. The details of the exit were not disclosed, but it signifies the ongoing strategy of Wipro Ventures to support innovative tech startups and leverage them for strategic advantages within the enterprise software market.

Srinivas Pallia takes over as new CEO of Wipro: 10 things to know about him

Livemint

Livemint · 1y ago

Srinivas Pallia takes over as new CEO of Wipro: 10 things to know about him

Wipro Limited has announced Srinivas Pallia as its new CEO and Managing Director, succeeding Thierry Delaporte, who stepped down to pursue other interests. Pallia, who has been with Wipro for over three decades, most recently served as the CEO of Americas 1, overseeing diverse industry sectors and implementing growth strategies. Pallia brings extensive institutional and industry knowledge, as well as a commitment to Wipro's values. Pallia expressed his excitement to lead Wipro and his belief in the company's strong foundation, strategy, and capabilities.

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