WNS Announces Contract Extension for CEO Keshav Murugesh to 2025
June 14 2022 - 8:00AM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) solutions, today announced its
Board of Directors has agreed with Keshav R. Murugesh, Chief
Executive Officer (CEO), to extend the terms of his employment
agreement to August 17, 2025.
"Keshav’s vision and leadership over the past 12 years have
enabled WNS to navigate the rapidly changing services landscape and
emerge a true leader in the BPM industry,” said Timothy Main, WNS’
Chairman of the Board. “Keshav and his team have driven the
company’s transition from a legacy labor arbitrage BPO firm to a
domain-intensive BPM solutions company delivering digital
transformation for clients by combining technology, analytics,
process expertise, and specialized resources. The Board of
Directors remain confident in Keshav’s ability to continue leading
WNS into the future, to successfully execute on our strategic
plans, and to deliver enhanced value for all of our key
stakeholders.”
"The BPM market continues to expand and evolve, as clients
increasingly look for strategic partners to help them transform
their business models and improve competitive positioning,” said
Keshav R. Murugesh, WNS’ CEO. “I am proud of the progress we have
made in bringing WNS to this point, and I am equally excited about
the opportunity to help lead this company into the next phase of
our ongoing journey.”
Since joining WNS as CEO in February of 2010, Mr. Murugesh has
helped transform the company into an innovative BPM firm which
works closely with clients to “co-create” customized solutions.
WNS’ differentiated capabilities and unique approach have enabled
the company to deliver best-in-class revenue growth and margins.
Today, WNS has over $1 billion in revenue and more than 52,000
resources delivering services from 12 countries across the globe.
Prior to this extension, Mr. Murugesh’s contract was set to expire
in August 2023.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process
Management (BPM) company. WNS combines deep industry knowledge with
technology, analytics, and process expertise to co-create
innovative, digitally led transformational solutions with over 400
clients across various industries. WNS delivers an entire spectrum
of BPM solutions including industry-specific offerings, customer
experience services, finance and accounting, human resources,
procurement, and research and analytics to re-imagine the digital
future of businesses. As of March 31, 2022, WNS had 52,081
professionals across 54 delivery centers worldwide including
facilities in China, Costa Rica, India, the Philippines, Poland,
Romania, South Africa, Spain, Sri Lanka, Turkey, the United
Kingdom, and the United States.
For more information, visit www.wns.com or follow us on
Facebook, Twitter, LinkedIn, and Instagram.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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Investors: David Mackey EVP – Finance & Head
of Investor Relations WNS (Holdings) Limited +1 (646) 908-2615
david.mackey@wns.com
Media: Archana Raghuram Global Head – Marketing
& Communications and Corporate Business Development WNS
(Holdings) Limited +91 (22) 4095 2397 archana.raghuram@wns.com;
pr@wns.com
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