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Wipro appoints Omkar Nisal as Europe CEO, succeeding Pierre Bruno

Bruno is the fourth big departure from the Wipro stable after Srinivas Pallia took charge on April 6

November 25, 2024 / 18:38 IST
Omkar last served as the senior vice president and managing director of the UK and Ireland, managing a regional P&L of over a billion dollar
     
     
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    Information technology major Wipro on November 25 appointed Omkar Nisal as its new Europe Chief Executive Officer, succeeding Pierre Bruno.

    "Pierre Bruno shall cease to be Chief Executive Officer for Europe Strategic Market Unit and as Senior Management Personnel with effect from close of business hours of November 25, 2024," the company said in an exchange filing.

    Bruno is the fourth big departure from the Wipro stable after Srinivas Pallia took charge on April 6 from Thierry Delaporte.

    While Chief Technology Officer Subha Tatavarti resigned on August 12, Chief Operating Officer Amit Choudhary and Asia Pacific, India, Middle East, and Africa (APMEA) president Anis Chenchah resigned in May.

    Interestingly, Choudhary, Chenchah, and Delaporte have all worked in the France-headquartered Capgemini. Moreover, Bruno, Tatavarti, Choudhary, and Chenchah were all appointed during Delaporte's tenure at the helm of Wipro.

    Meanwhile,  Omkar will report to CEO and MD Srini Pallia and will also join the Wipro Executive Board, and will continue to be based in London.

    Omkar has been with Wipro since 2012, and successfully ran the Bengaluru-based company's Banking-EMEA business, working closely with large and niche financial institutions
    across UKI, Europe, the Middle East, and Africa.

    "This included enabling them through their digital transformation with a significant focus on customer journey redesign, enterprise engineering, ways of working, and AI-led automation," the company said in a release.

    He most recently served as the Senior Vice President and Managing Director of the UK and
    Ireland, managing a regional accounting book of over a billion dollars.

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

    “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,” Pallia added.

    Omkar, an honors graduate in Computer Science, continues to be a deep technologist at heart,
    having applied for patents in the areas of channels, anti-money laundering, and fraud detection.

    In 2023, the company saw another high-profile exit in the form of its Chief Financial Jatin Dalal. He joined Cognizant Technology Solutions soon after, only to be sued by his former employer. However, both parties settled the non-compete lawsuit, filed by Wipro, on July 9.

    Accordingly, Cognizant paid $505,087 to Dalal to settle the lawsuit and related arbitration.

    In 2023 alone, Wipro lost over 10 of its senior leaders including chief growth officer Stephanie Trautman, chief financial officer Jatin Dalal, chief operations officer Sanjeev Singh, among others.

    Also read: Srinivas Pallia’s ascent to Wipro CEO will ensure smooth transition, say industry experts

    Moneycontrol News
    first published: Nov 25, 2024 06:31 pm

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