Lance Levy assumes a Strategic Advisor role to
continue to support Capco and Wipro’s overall Consulting
strategy
Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology
services and consulting company, today announced that Anne-Marie
(“Annie”) Rowland has been appointed to the role of Capco’s Chief
Executive Officer. Rowland is currently Managing Partner of Capco’s
business in the United Kingdom and Ireland and a member of Capco’s
Global Leadership Team. She will take on the CEO role effective
April 1, 2024.
As CEO of Capco, Rowland will report to Wipro CEO and Managing
Director Thierry Delaporte and will become a member of Wipro’s
Executive Committee (WEC).
Lance Levy, who has led Capco as CEO for close to a decade, will
take on a new role as Strategic Advisor and continue to support
Capco’s strategic direction and Wipro’s overall Consulting
strategy.
“Lance has provided unmatched leadership to Capco for over a
decade. Under his guidance, Capco has differentiated itself as an
industry-leading full-service transformation consultancy, and
become a key growth pillar for Wipro,” said Delaporte. “I’m
glad to announce Lance’s continued support as Strategic Advisor,
helping Annie and Capco’s business through a carefully planned
transition. Annie has a deep understanding of Capco, our clients,
teams, and the Consulting industry. I’m proud to welcome Annie to
lead Capco into the future, to its next phase of growth.”
Rowland joined Capco 14 years ago and has deep Consulting
expertise in business change management, innovation, and
transformation.
Since joining Capco, Rowland has played a pivotal role in the
growth of Capco’s business through a series of executive roles,
having served on the Capco Global Leadership Team for several years
in a number of capacities, including as Global Head of Capco’s
Consulting and Transformation practice, Global Client Partner for a
number of large financial institutions, Executive Sponsor of
Women@Capco and most recently as the Managing Partner for Capco’s
UK and Ireland business. Rowland was recognized by Consulting
Magazine for the Global Women Leaders in Consulting Award in
2021.
Commenting on the appointment, Lance Levy, Capco’s current
Chief Executive Officer, said, “Capco is an incredibly special
business, and I am honored to have led the company, and very
grateful to all of those who have played such an important part in
the company’s founding and growth, and especially our people, who
work tirelessly in fulfilling our commitment to innovation and
transformational outcomes for our clients.
“I am incredibly proud of all we have achieved together, and we
have continued to raise the bar in terms of our creativity, focus
on innovation, domain expertise and the solutions that we have
provided to our clients. I have seen at first hand Annie’s huge
contribution to the success of our business and the satisfaction of
our clients, and I know under her leadership we are opening a new
chapter in Capco’s growth story. I look forward to continuing to
work closely with both Annie and Thierry in my new role as
Strategic Advisor.”
Capco, acquired by Wipro in 2021, has been a trusted client
advisor and industry player for over 25 years, evolving from a
niche service provider to become the world’s largest, independent,
financial services management consultancy. Capco combines deep
domain expertise, a disruptive mindset, and a proven track record
of delivering lasting value to solve clients’ most complex
transformational challenges.
“I am delighted about the opportunity to lead Capco into the
next phase of its journey,” said Annie Rowland, Capco’s incoming
Chief Executive Officer. “As a long-time Capco veteran, I am
committed to preserving all that makes Capco special: our client
relationships, our unique and authentic culture, and our focus on
innovation and creativity.
“Our clients’ needs are changing at pace as they look to meet
the challenges and opportunities presented by emerging technology
and evolving business landscapes. Together, Capco and Wipro are a
winning combination that delivers the deep expertise, focus and
scale required to ensure our clients’ future success. I am
delighted to be taking the helm of such a remarkable company, and I
want to thank Lance for his exceptional leadership and guidance
over the years, and I know we will continue to work closely
together as he moves forward in his new role.”
About Wipro
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
technology services and consulting company focused on building
innovative solutions that address clients’ most complex digital
transformation needs. Leveraging our holistic portfolio of
capabilities in consulting, design, engineering, and operations, we
help clients realize their boldest ambitions and build
future-ready, sustainable businesses. With over 240,000 employees
and business partners across 65 countries, we deliver on the
promise of helping our customers, colleagues, and communities
thrive in an ever-changing world. For additional information, visit
us at www.wipro.com.
About Capco
Capco, a Wipro company, is a global technology and management
consultancy focused on the financial services and energy
industries. Capco operates at the intersection of business and
technology by combining innovative thinking with unrivalled
industry knowledge to fast-track digital initiatives for banking
and payments, capital markets, wealth and asset management,
insurance, and the energy sector. Capco’s cutting-edge ingenuity is
brought to life through its award-winning Be Yourself At Work
culture and diverse talent. To learn more, visit www.capco.com or
follow us on LinkedIn, Instagram, Facebook, and YouTube.
Forward-Looking Statements
The forward-looking statements contained herein represent
Wipro’s beliefs regarding future events, many of which are by their
nature, inherently uncertain and outside Wipro’s control. Such
statements include, but are not limited to, statements regarding
Wipro’s growth prospects, its future financial operating results,
and its plans, expectations and intentions. Wipro cautions readers
that the forward-looking statements contained herein are subject to
risks and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements. Such
risks and uncertainties include, but are not limited to, risks and
uncertainties regarding fluctuations in our earnings, revenue and
profits, our ability to generate and manage growth, complete
proposed corporate actions, intense competition in IT services, our
ability to maintain our cost advantage, wage increases in India,
our ability to attract and retain highly skilled professionals,
time and cost overruns on fixed-price, fixed-time frame contracts,
client concentration, restrictions on immigration, our ability to
manage our international operations, reduced demand for technology
in our key focus areas, disruptions in telecommunication networks,
our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the
success of the companies in which we make strategic investments,
withdrawal of fiscal governmental incentives, political
instability, war, legal restrictions on raising capital or
acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our
business and industry.
Additional risks that could affect our future operating results
are more fully described in our filings with the United States
Securities and Exchange Commission, including, but not limited to,
Annual Reports on Form 20-F. These filings are available at
www.sec.gov. We may, from time to time, make additional written and
oral forward-looking statements, including statements contained in
the company’s filings with the Securities and Exchange Commission
and our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf and our reports to shareholders. We do not
undertake to update any forward-looking statement that may be made
from time to time by us or on our behalf.
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version on businesswire.com: https://www.businesswire.com/news/home/20240320633322/en/
Media contact: Media-relations@wipro.com
tim.steele@capco.com
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