WNS Appoints Ronald Strout as Chief of Staff and Head - Americas
September 01 2010 - 8:00AM
Marketwired
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
business process outsourcing (BPO) services, today announced that
the company has appointed Ronald Strout as Chief of Staff and Head,
Americas. He will represent the Group CEO's office in the Americas.
Strout will accelerate WNS's renewed focus on client interactions,
leadership development, creation of new offerings, market
penetration of new services and driving strategic initiatives.
Strout has over three decades of experience in building and
transforming businesses in large and small corporate environments
as well as extensive exposure to consulting and the Financial
Services industry. Previous leadership roles include the Senior
Vice President at State Street Corporation and Partner / Managing
Director at Bearing Point, formerly KPMG Consulting, Inc.
Additionally, as Chairman of State Street Corporation's JV in
India, he was closely involved in establishing a robust BPO entity
serving the capital markets and custodial banking space, based out
of India.
Keshav R. Murugesh, Group CEO, WNS Global Services, said, "WNS
is constantly investing in its leadership pipeline to enhance
horizontal, vertical and sales capabilities. Ron's impressive track
record is testimony to his ability to delight clients, build and
transform businesses and run key initiatives, making him the right
choice for WNS."
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
WNS 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 US 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,
industry growth potential, expansion opportunities, expectations
concerning our future financial performance and growth potential,
including our fiscal 2011 guidance and future profitability, our
ability to generate free cash, relevant foreign currency exchange
rates, and our future operations. 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 the accounting changes and restatement of our
financial statements as detailed 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 (SEC), and any adverse
developments in existing legal proceedings or the 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), and our master services agreement with Aviva Global
Services (Management Services) Private Limited; our ability to
successfully consummate strategic acquisitions; and volatility of
WNS's 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 SEC 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.
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Media Contact: Sumi Gupta Public Relations WNS Global
Services Tel: +91 (22) 4095 2263 Email: sumi.gupta@wns.com
Investor Contact: Alan Katz Investor Relations WNS Global
Services Tel: +1 212 277-8183 Email: ir@wns.com
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