Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced Omkar Nisal's appointment as the Chief Executive Officer, Europe Strategic Market Unit (SMU), effective immediately. Omkar will report to CEO and MD Srini Pallia and will also join the Wipro Executive Board. Omkar succeeds Pierre Bruno, who is stepping down. Omkar will continue to be based in London.
Omkar has been with Wipro since 2012, establishing himself as a trusted advisor to clients, and has built high-performing teams that work with clients across business sectors to deliver exceptional results. Among his many achievements over the years, Omkar successfully ran Wipro's Banking-EMEA business, working closely with large and niche financial institutions across UKI, Europe, the Middle East, and Africa. This included enabling them through their digital transformation with a significant focus on customer journey redesign, enterprise engineering, ways of working, and AI-led automation.
He most recently served as the Senior Vice President and Managing Director of the UK and Ireland, managing a regional P&L of over a billion dollars.
"Omkar's strategic vision, combined with a strong understanding of the European market dynamics, well positions him to lead our ambitious plans for growth and expansion. With a strong customer-centric approach, Omkar will help build a resilient and adaptable organization poised for sustainable growth in the region," said Srini Pallia, Chief Executive Officer and Managing Director, Wipro Limited.
"I would like to thank Pierre for his leadership over the last four years, during which we made significant inroads into the European market. He will continue through the coming months, working closely with Omkar and me to ensure a smooth transition," added Srini Pallia.
Commenting on his appointment, Omkar Nisal said, "I am honoured to take on the leadership of our Europe SMU, a pivotal region in the growing technology landscape. I look forward to collaborating with the incredible teams across Europe. Together, we will unlock new opportunities, strengthen our market position, and deliver outstanding results for our stakeholders."
Omkar, an honors graduate in Computer Science, continues to be a deep technologist at heart, having applied for patents in the areas of Channels, AML, and Fraud Detection.
Shares of Wipro Limited was last trading in BSE at Rs. 589.05 as compared to the previous close of Rs. 582.75. The total number of shares traded during the day was 496327 in over 12027 trades.
The stock hit an intraday high of Rs. 590.00 and intraday low of 579.30. The net turnover during the day was Rs. 290216682.00. |
