Wipro appoints Sanjeev Jain as COO
NEW JERSEY, UNITED STATES and BENGALURU, INDIA — Global technology services and consulting company Wipro Limited has appointed Sanjeev Jain as its new Chief Operating Officer (COO), effective immediately. He succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization.
Jain, who joined Wipro in 2023 as the Global Head of Business Operations, will now report directly to Srinivas Pallia, CEO and Managing Director of Wipro Limited, and remain a member of the Executive Committee.
Sanjeev Jain to drive Wipro’s transformation and client-centric growth
In his new role, Jain will oversee Global Business Operations, the Chief Information Office, the Chief Information Security Office, and the Enterprise Risk Management function. He will work closely with Wipro’s leadership teams to drive operational excellence, execution rigor, and speed, while building a client-centric delivery organization focused on sustainable, profitable growth.
“In the short time that Sanjeev has been with Wipro, he has developed strong relationships with on-the-ground delivery teams and made a significant impact on our strategic thinking and execution prowess,” said Srinivas Pallia, Chief Executive Officer and Managing Director of Wipro Limited.
“Under his leadership, we’ve built out our approach to AI training and upskilling and trained over 225,000 of our people in AI principles. Sanjeev has also been instrumental in devising our career development strategy for next-gen associates and significantly enhancing our utilization.”
Sanjeev Jain’s global leadership experience
Jain has over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles. He has been instrumental in leading Wipro’s talent supply chain initiatives, including the company’s gig work platform, TopGear, and efforts in talent skilling, global mobility, talent acquisition, and business resilience.
“I am honored and excited to take on the role of Chief Operating Officer. I look forward to further strengthening our operational and delivery capabilities to bring more value to our clients,” said Jain.
Prior to Wipro, Jain held leadership roles at Kyndryl Holdings (IBM spin-off), IBM, Cognizant, and GE, enabling profitable growth by integrating the end-to-end talent supply chain, driving margin expansion, and simplifying processes.
As Wipro’s new COO, Jain is faced with the company’s mixed FY24 results, including a slight decrease in gross revenue, amounting to ₹897.6 billion (US$10.8 billion). In the IT services segment, Wipro also saw a revenue of US$10.8 billion, which also decreased by 3.8% compared to the previous year.
On the other hand, earnings per share (EPS) for the year stood at ₹20.89 (US$0.25), showing a marginal increase of 0.8% year over year. The company’s operating cash flow remains strong at 158.6% of net income for the year, showcasing Wipro’s strong cash generation capabilities.
Wipro recently secured the #4 spot in the OA500 2024, an objective index of the world’s top 500 outsourcing companies.
