Bangalore, India and East Brunswick, New Jersey, USA, - April 3, 2015:
Wipro today announced that it has expanded its Group Executive Council, a forum for the core group of Wipro leaders to deliberate and strategize the long term vision for the corporation, with the induction of four additional members.
The additional members are Abid Ali Neemuchwala, Group President & Chief Operating Officer, Wipro Limited, Anand Padmanabhan - Chief Executive & President, Energy & Utilities, Wipro Limited, G K Prasanna - Chief Executive & President, Global Infrastructure Services, Wipro Limited and Bhanumurthy B.M - Chief Executive & President, Business Application Services, Wipro Limited.
"The Group Executive Council carries the charter of providing thought leadership across the Wipro Group and is the driving force behind shaping its strategic priorities. These leaders bring with them a rich global experience and we are confident their induction will bring more plurality of ideas and add more heft to the deliberations of the Council," said Azim Premji, Chairman of Wipro Ltd and Non-Executive Chairman of Wipro Enterprises Ltd.
Apart from Azim Premji, other members of the GEC include TK Kurien, CEO and Member of the Board, Wipro Limited, Pratik Kumar, CEO, Wipro Infrastructure Engineering, Vineet Agrawal, CEO, Wipro Consumer Care and Lighting, Anurag Behar, Chief Sustainability Officer, Wipro Limited and Terri Bresenham, MD, Wipro GE Healthcare.
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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.