Bangalore, India - December 22, 2009: Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced the appointment of Rajan Kohli as its Chief Marketing Officer, IT Business.
A Wipro veteran of over 14 years, Rajan has held various leadership roles within the organization. In his last role, Rajan had the responsibility of managing and growing Wipro’s client relationships and shaping go-to-market strategies for new products & services within the Banking and Financial Services space in the US. Rajan started his career with Wipro Infotech and picked up valuable sales experience and market knowledge of the fast growing Indian market during his stint.
His deep industry and market knowledge coupled with his experience in delivering innovative solutions will add tremendous value to the company’s overall marketing strategy led by a transformation and system integration agenda for Wipro's clients.
Rajan will report to Suresh Vaswani, Jt.CEO IT Business and Member of the Board, Wipro Ltd, who commenting on the appointment, said "Rajan has been very successful in a variety of roles that combined sales and business management. He understands our markets, clients and services. We are confident that given Rajan's experience and deep understanding of Wipro's ethos, he will bring in great value to the role of a Chief Marketing Officer."
Rajan joined Wipro from the Indian Institute of Management (IIM), Bangalore, where he completed his Post Graduation in Business Administration with specialization in Marketing and Finance. He also holds an Engineering degree in Electronics & Communications.
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
Mangala Koti Singhal
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Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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