Wipro appoints Omkar Nisal as CEO of Europe Strategic Market Unit

Wipro has appointed Omkar Nisal as the Chief Executive Officer of its Europe Strategic Market Unit (SMU), effective immediately. Omkar will report to Srinivas Pallia, CEO and managing director, and will also join Wipro’s Executive Board. He succeeds Pierre Bruno, who is stepping down from the role. 

Bruno’s departure marks the fourth significant exit from Wipro since Srinivas Pallia assumed leadership on April 6, succeeding Thierry Delaporte.  

Earlier, chief technology officer Subha Tatavarti resigned on August 12, while chief operating officer Amit Choudhary and APMEA (Asia Pacific, India, Middle East, and Africa) president Anis Chenchah stepped down in May. Additionally, Bruno, Tatavarti, Choudhary, and Chenchah were appointed during Delaporte’s tenure as CEO of Wipro.  

Also ReadAdani US bribery case: GQG Partners doesn’t see material impact on businesses, bets on govt support for Adani

Omkar, who has been with Wipro since 2012, has led Wipro’s Banking-EMEA business. His work with financial institutions across the UK, Europe, the Middle East, and Africa has focused on enabling digital transformation, with significant emphasis on customer journey redesign, enterprise engineering, ways of working, and AI-led automation, the IT company said in a press release.

In his most recent role as senior vice president and managing director of the UK and Ireland, Omkar managed a regional P&L exceeding a billion dollars.  

Also ReadHUL approves demerger of ice-cream biz into separate listed firm

“Omkar’s strategic vision, combined with a strong understanding of the European market dynamics, positions him to well to lead our ambitious plans for growth and expansion. With a strong customer-centric approach, Omkar will help build a resilient and adaptable organisation poised for sustainable growth in the region,” Pallia said.  

Acknowledging Pierre Bruno’s contributions, Srinivas Pallia, “I would like to thank Pierre for his leadership over the last four years, during which we made significant inroads into the European market. He will continue through the coming months, working closely with Omkar and me to ensure a smooth transition.”  

 » Read More

Related Articles

Minimalist’s expansion plans to pick up pace post HUL merger

Direct-to-consumer (D2C) skincare brand Minimalist, recently acquired by Hindustan Unilever (HUL) for Rs 3,000 crore, will leverage the FMCG firm’s vast distribution network to scale up both its domestic and international presence. The deal, which aligns with Minimalist’s expansion goals, will provide the resources needed for growth in manufacturing, research and development (R&D), and offline

Demat account additions in Feb decline to 21-month low

The addition of demat accounts in February fell to a 21-month low at 2.26 million  even though their total number surpassed the 190 million mark, according to data from CDSL and NSDL. As the stock markets have entered a correction phase since late September, the monthly addition of new demat accounts also showed a declining

Goldman trims 12-month Nifty target to 25,500

Goldman Sachs has reduced its 12-month target for the Nifty by around 5.6% to 25,500 from the previous target of 27,000, representing around 12% potential upside from Monday’s level of 22,460. Goldman’s three-month target for the NSE benchmark is 23,000 and it expects the indice to touch 24,000 in the next six months. ALSO READAfter Goldman

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Minimalist’s expansion plans to pick up pace post HUL merger

Direct-to-consumer (D2C) skincare brand Minimalist, recently acquired by Hindustan Unilever (HUL) for Rs 3,000 crore, will leverage the FMCG firm’s vast distribution network to scale up both its domestic and international presence. The deal, which aligns with Minimalist’s expansion goals, will provide the resources needed for growth in manufacturing, research and development (R&D), and offline

Demat account additions in Feb decline to 21-month low

The addition of demat accounts in February fell to a 21-month low at 2.26 million  even though their total number surpassed the 190 million mark, according to data from CDSL and NSDL. As the stock markets have entered a correction phase since late September, the monthly addition of new demat accounts also showed a declining

Goldman trims 12-month Nifty target to 25,500

Goldman Sachs has reduced its 12-month target for the Nifty by around 5.6% to 25,500 from the previous target of 27,000, representing around 12% potential upside from Monday’s level of 22,460. Goldman’s three-month target for the NSE benchmark is 23,000 and it expects the indice to touch 24,000 in the next six months. ALSO READAfter Goldman

India adds 25.2 GW solar capacity in 2024

India added 25.2 gigawatt (GW) of solar power capacity in the calendar year 2024, significantly higher than 8.3 GW installed in 2023, as per Mercom’s recent report on solar market. The market witnessed record installations last year surpassing annual capacity additions of all previous years. During last year, 22 GW of large-scale solar projects were

Fitch downgrade for Adani’s energy arm

Fitch Ratings has downgraded the outlook for Adani Energy Solutions (AESL) to negative on concerns that US investigations could reveal its governance weakness and affect financial stability. It, however, said the risks associated with the group’s liquidity and funding requirements have moderated. “However, the outlook is negative to reflect our view that the proceedings and