Albert Aboody Appointed as Independent Director on WNS's Board
June 28 2010 - 4:00PM
Marketwired
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of
global business process outsourcing (BPO) services, today announced
the appointment of Albert Aboody to the Board of Directors of WNS
(Holdings) Limited with effect from June 28, 2010. With Aboody's
appointment as an independent director, WNS's Board is once again
majority independent. Aboody will also serve as the Chairman of the
audit committee, which will consist of four independent directors.
"Albert's familiarity with WNS's business model and over 30
years of accounting experience will surely be a valuable asset to
the Board of Directors," said Eric Herr, WNS's Chairman. "I look
forward to working with him."
Aboody was previously a partner with KPMG, U.S. In this role, he
served on the Board of KPMG, India, including as Deputy Chairman
and as head of its audit department. He also co-authored chapters
on the SEC reporting requirements in the 2001-2008 annual editions
of the Corporate Controller's Manual (Thompson Reuters).
"WNS operates with an exciting, high-growth industry and given
its top-tier client list and strong brand name, the company is well
positioned for success," said Aboody. "I look forward to serving on
WNS's Board and working with the WNS management team."
About WNS WNS (Holdings) Limited (NYSE: 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 enables 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.
Safe Harbor Statement under the provisions of the United States
Private Securities Litigation Reform Act of 1995 This release
contains forward-looking statements as defined in the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on our current
expectations, assumptions, estimates and projections about our
Company and our industry. The forward-looking statements are
subject to various risks and uncertainties. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "anticipate," "believe,"
"estimate," "expect," "intend," "will," "project," "seek," "should"
and similar expressions. Those statements include, among other
things, the discussions of our business strategy and expectations
concerning our performance . We caution you that reliance on any
forward-looking statement involves risks and uncertainties, and
that although we believe that the assumptions on which our
forward-looking statements are based are reasonable, any of those
assumptions could prove to be inaccurate, and, as a result, the
forward-looking statements based on those assumptions could be
materially incorrect. These factors include but are not limited to
worldwide economic and business conditions; political or economic
instability in the jurisdictions where we have operations;
regulatory, legislative and judicial developments; our ability to
attract and retain clients; technological innovation;
telecommunications or technology disruptions; future regulatory
actions and conditions in our operating areas; our dependence on a
limited number of clients in a limited number of industries; the
implications of our recently announced accounting changes and
restatement of our financial statements, and any adverse
developments in existing legal proceedings or initiation of new
legal proceedings; our ability to expand our business or
effectively manage growth; our ability to hire and retain enough
sufficiently trained employees to support our operations; negative
public reaction in the US or the UK to offshore outsourcing;
increasing competition in the BPO industry; our ability to
successfully grow our revenue, expand our service offerings and
market share and achieve accretive benefits from our acquisition of
Aviva Global Services Singapore Pte. Ltd. (which we have renamed as
WNS Customer Solutions (Singapore) Private Limited following our
acquisition), our master services agreement with Aviva Global
Services (Management Services) Private Limited; our ability to
successfully consummate strategic acquisitions; and the volatility
of our ADS price. These and other factors are more fully discussed
in our annual report on Form 20-F for the fiscal year ended March
31, 2010 filed with the U.S. Securities and Exchange Commission
which is available at www.sec.gov. In light of these and other
uncertainties, you should not conclude that we will necessarily
achieve any plans, objectives or projected financial results
referred to in any of the forward-looking statements. Except as
required by law, we do not undertake to release revisions of any of
these forward-looking statements to reflect future events or
circumstances.
CONTACT: Investors: Alan Katz SVP -- Investor Relations WNS
(Holdings) Limited +1 212 277-8183 Email Contact
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