Amsterdam, The Netherlands and Bangalore, India - September 15, 2014:
Wipro Ltd. (NYSE:WIT), a leading information technology, consulting and business process services company today announced the appointment of Timo Fine, as the company's Regional Head for the Netherlands, Belgium and Luxembourg (Benelux), part of the Continental Europe market.
In his earlier role, Timo was managing sales and customer relationships for Wipro's Manufacturing and High-Tech business unit in Europe, and has played a critical role in winning marquee deals. He has been responsible for growing several accounts within Wipro over the last 7 years and brings over 15 years of experience in the IT industry, having worked for Accenture and Atos in the past.
In his new role, Timo will implement the go-to-market strategy for the Benelux region with the objective of giving a further fillip to business by adding new customers, strengthening relationships with existing accounts and growing Wipro's brand visibility and recognition through an integrated sales and marketing strategy led by the local sales leadership team.
Timo will be based in Hoofddorp, the Netherlands and will report to Ulrich Meister, Senior Vice President, Continental Europe and Africa.
"Benelux is a high focus area for our business within Continental Europe. We have aggressive plans to drive our localization strategy led by innovation to win new business and strengthen relationships with existing customers. I am confident that Timo with his extensive experience of the Benelux region will help us drive our strategy and achieve the growth plans laid out for the region," said Ulrich Meister, Senior Vice President, Continental Europe and Africa, Wipro.
Wipro has made strategic investments in Benelux over the last 5 years. The company has significantly built its local presence. Wipro currently has offices in Hoofddorp, Eindhoven and The Hague. Plans are in place for further expansion within the region.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit 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.