WNS Announces Departure of COO, New Organizational Structure
February 15 2023 - 5:05PM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) solutions, today announced that
Mr. Gautam Barai has decided to step down as the company’s Chief
Operating Officer (COO) effective May 15, 2023 to pursue other
interests. Over the next three months, Gautam will help ensure a
seamless transition to the company’s new organizational structure,
which will become effective April 1, 2023. The new structure will
feature four “Strategic Business Units” (SBU), each headed by a
Chief Business Officer (CBO), and will eliminate the current COO
role. The four SBUs will combine the company’s eight current
verticals into logical groups while maintaining each vertical as an
independent business unit and continuing to report their quarterly
revenue contribution.
“We sincerely thank Gautam for his leadership and meaningful
contribution to WNS’ growth and success over the past thirteen
years and wish him well in his future endeavors. The company
believes this new organizational structure is the right approach
for our business at this point in our evolution and will help drive
improved outcomes for our global clients. We expect this change to
improve business synergy, enhance scalability, drive operating
leverage, and create organizational depth,” said Keshav R.
Murugesh, CEO.
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 December 31, 2022, WNS had 57,994
professionals across 64 delivery centers worldwide including
facilities in Canada, 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.
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. These
statements include expressed or implied forward-looking statements
relating to our new organizational structure and the expected
resulting benefits. 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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version on businesswire.com: https://www.businesswire.com/news/home/20230215005540/en/
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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