WNS Announces Neeraj Bhargava to Transition From CEO to Strategic Advisor Role During Second Half of 2009
January 27 2009 - 6:10AM
Marketwired
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
business process outsourcing (BPO) services, today announced that
co-founder and Group Chief Executive Officer Neeraj Bhargava will
transition to the role of Strategic Advisor to the company, and
will continue in his current role of Group Chief Executive Officer
until such time that a successor is appointed. This transition is
expected to take place in the second half of 2009.
The company has highlighted the following points regarding this
announcement:
-- Bhargava will remain in his current role until the Board of Directors
has identified a successor
-- Upon the appointment of a new Chief Executive Officer, Bhargava will
transition into a Strategic Advisor role
-- Bhargava will remain on the Board of Directors
"I have been with WNS since its inception and have spent the
past five years as the CEO. I have worked closely with WNS's Board
of Directors, employees, clients, advisors and partners to achieve
tremendous growth during this time, and I am deeply grateful for
the considerable support that I have always received," said
Bhargava. "At this point, I am ready to take on a less intensive
role, transitioning from an operating executive to an advisor and I
look forward to supporting my successor to continue WNS's path of
exceptional growth."
Starting his career with WNS as co-founder, President and CFO in
2002, Bhargava was appointed Group Chief Executive in December
2003. During this time, the company was transformed from a British
Airways captive operation to a leading global BPO company serving
over 200 clients today. In 2006, under Bhargava's leadership, the
company became the first Indian-heritage BPO company to
successfully complete a listing on the New York Stock Exchange.
"Neeraj Bhargava has demonstrated an extraordinary passion for
WNS, the company he co-founded and essentially built from scratch,"
said Ramesh Shah, Chairman. "He led the company's IPO and guided
WNS to its current position as a leading global provider of
business process outsourcing services. We applaud Neeraj for his
many contributions to WNS and look forward to his continued counsel
as we select the company's next leader."
During the search for a successor, Bhargava and his management
team will remain fully focused on business as usual, continuing the
drive for strong company performance; the successful integration of
recent acquisitions; employee growth and development; and ensuring
superior client service.
The Board will conduct a global executive search to select the
chief executive who will take WNS to the next stage of its
development by accelerating its growth and profitability.
Conference Call
WNS will host a conference call for investors and analysts on
January 27, 2009 at 8 am (ET) to discuss this announcement. To
participate, callers can dial: 1-800-901-5241; international
dial-in 1-617-786-2963; participant passcode 24960116. A replay
will also be made available online at www.wns.com for a period of
three months beginning two hours after the end of the call.
About WNS
WNS is a leading global business process outsourcing company.
Deep industry and business process knowledge, a partnership
approach, comprehensive service offering and a proven track record
enable WNS to deliver business value to some of the leading
companies in the world. WNS is passionate about building a
market-leading company valued by our clients, employees, business
partners, investors and communities. For more information, visit
www.wns.com.
Media Contacts: Anurag Mehrotra Anurag.Mehrotra@wnsgs.com
+91-9920106509 Josh Passman Jpassman@cjpcom.com +1-212-279-3115
ext. 203 Investor Contact: Alan Katz Alan.Katz@wnsgs.com
+1-212-599-6960 ext. 241
WNS (NYSE:WNS)
Historical Stock Chart
From May 2024 to Jun 2024
WNS (NYSE:WNS)
Historical Stock Chart
From Jun 2023 to Jun 2024