BANGALORE, India, May 10, 2010 (BUSINESS WIRE) -- Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), today announced the appointment of Ayan Mukerji as the Global Head of Product Engineering Services (PES) group, effective April, 2010. Wipro also announced the appointment of Jeffrey Heenan Jalil as the Head of Europe operations.
Jeff will be taking over the reins from Ayan, who helped the Europe region grow ahead of competition and build a strong and highly localized sales force.
Ayan will be taking over from V.R Venkatesh and will relocate to California. V R Venkatesh, who has held multiple leadership positions within the Product Engineering Services business of Wipro Technologies, will now head the newly created Strategic External Innovation Group for Wipro. He will work with start-ups, large corporations, technology consortia and academia in developing innovative solutions for the market place. The scope of these collaborative innovation efforts will span across all the business units that Wipro Technologies supports.
Commenting on the organizational changes Girish Paranjpe Jt. CEO - IT Business and Member of the Board Wipro Limited said, "The current restructuring is in line with our strategy of creating strong customer centric global management teams. Both Ayan and Jeff come with tremendous expertise and proven leadership capabilities that they have exhibited in their previous roles at Wipro. Ayan has a deep understanding of the product engineering services market space and will help drive this business across all our industry verticals. Jeff has been part of the Europe team for 3 years now and performed admirably and we feel he is ready for the new role. Our External Innovation group will work very closely with the global innovation eco-system and accelerate solution development significantly while taking advantage of emerging technologies. V.R. Venkatesh with his rich experience in product Engineering will bring the needed leadership to this external innovation group." About Wipro Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our website at www.wipro.com Forward-looking and Cautionary Statements Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, 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. 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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