2024-03-20 21:21:21
Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology and consulting services company, today announced that Anne-Marie (“Annie”) Rowland has been appointed CEO of Capco. Rowland is currently managing partner of Capco’s UK and Ireland business and a member of Capco’s Global Leadership Team. She will assume the role of CEO from April 1, 2024.
As CEO of Capco, Rowland will report to Wipro CEO and Managing Director Thierry Delaporte and will become a member of the Wipro Executive Committee (WEC).
Lance Levy, who has led Capco as CEO for nearly a decade, will take on a new role as strategic advisor and will continue to support Capco’s strategic direction and Wipro’s overall consulting strategy.
“Lance has provided unparalleled leadership to Capco for more than a decade. Under his guidance, Capco has differentiated itself as an industry-leading full-service transformation consultancy and has become a key growth pillar for Wipro,” he said Door. “I am pleased to announce Lance’s continued support as a strategic advisor, helping Annie and the Capco business through a carefully planned transition. Annie has a deep understanding of Capco, our clients, teams and the consulting industry. I am proud to welcome Annie to lead Capco into the future in its next phase of growth.”
Rowland joined Capco 14 years ago and has deep consulting experience in business change management, innovation and transformation.
Since joining Capco, Rowland has played a key role in growing Capco’s business through a range of executive roles, having served on Capco’s Global Leadership Team for several years in a variety of capacities, including as global head of the Consulting Practice and Transformation of Capco, global Client partner for several large financial institutions, executive sponsor of Women@Capco and, most recently, as managing partner of Capco’s UK and Ireland business. Rowland was recognized by Consulting Magazine with the Global Women Leaders in Consulting award in 2021.
Commenting on the appointment, Lance Levy, current CEO of Capco, said: “Capco is an incredibly special company, and I feel honored to have led the company and very grateful to all those who have played such an important role in founding and growing the company, and especially to our people, who work tirelessly to deliver on our commitment to innovation and transformational results for our clients.
“I am incredibly proud of everything we have achieved together and we continue to raise the bar in terms of the creativity, focus on innovation, expertise and solutions we provide to our clients. I have seen firsthand Annie’s enormous contribution to the success of our business and the satisfaction of our customers, and I know that under her leadership, we are opening a new chapter in Capco’s growth story. I look forward to continuing to work closely with 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 knowledge, a disruptive mindset, and a proven track record of delivering lasting value to solve customers’ most complex transformational challenges.
“I am very excited regarding the opportunity to lead Capco in the next phase of its journey” he said Annie Rowland, new CEO at Capco. “As a longtime Capco veteran, I am committed to preserving everything that makes Capco special: our customer relationships, our unique and authentic culture, and our focus on innovation and creativity.
“Our customers’ needs are changing at a rapid pace as they seek to address the challenges and opportunities presented by emerging technology and evolving business scenarios. Together, Capco and Wipro are a winning combination that offers the deep expertise, focus and scale needed to ensure our customers’ future success. I am thrilled to take the helm of such a remarkable company and want to thank Lance for his exceptional leadership and guidance over the years, and I know we will continue to work together as he advances in his new role.”
About Wipro
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology and consulting services company dedicated to creating innovative solutions that meet customers’ 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 sustainable, future-ready businesses. With more than 240,000 employees and business partners in 65 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more 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 sectors. Capco operates at the intersection of business and technology, combining innovative thinking with unmatched industry knowledge to accelerate 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 talents. To find out 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 beyond 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 forward-looking statements contained herein are subject to risks and uncertainties that might 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 relating to fluctuations in our earnings, revenues 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, salary increases in India, our ability to attract and retain highly qualified professionals, time and cost overruns on fixed-price and fixed-term contracts, customer concentration, immigration restrictions, our ability to manage our international operations, reduction of demand for technology in our key areas of focus, disruptions in telecommunications networks, our ability to successfully complete and integrate potential acquisitions, liability for damages under our service contracts, the success of companies in which we make strategic investments, withdrawal of tax incentives governments, 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 the industry.
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