NEW YORK & MUMBAI, India--(BUSINESS WIRE)--Sep. 21, 2012--
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global
business process outsourcing (BPO) services, today announced the
appointment of Mr. Adrian Dillon and Mrs. Renu Karnad to the Board of
Directors of WNS (Holdings) Limited with immediate effect.
Mr. Dillon is currently a member of the Board of Directors and Chair of
the Audit and Finance Committees of Williams-Sonoma, Inc, a specialty
retailer of high-quality home products. Mr. Dillon was a member of the
Board of Directors and Chair of the Audit Committee at NDS, a leading
global provider of end-to-end software solutions to the pay-television
industry when the company was acquired by Cisco in 2012. During his
career, Mr. Dillon has held key finance roles including Chief Financial
and Administrative Officer at Skype Limited and EVP, Finance and
Administration and Chief Financial Officer at Agilent Technologies. Mr.
Dillon graduated from Amherst College with a B.A. degree in economics.
Mrs. Karnad is currently the Managing Director of Housing Development
Finance Corporation Limited (HDFC Ltd) and is also a Director on several
other Boards, including BOSCH Limited and AKZO Nobel India Limited. In
her current role, Mrs. Karnad is responsible for strategy, budget,
product development and distribution for all India lending operations.
She is also highly involved in policy planning with regard to the
housing industry in India. Mrs. Karnad is a law graduate from the
University of Mumbai and holds a Masters degree in Economics from the
University of Delhi. She has also been a Parvin Fellow at Princeton
University’s Woodrow Wilson School of International Affairs.
Mr. Deepak Parekh, who joined WNS’s Board of Directors in July 2006, has
chosen not to stand for re-election and as a result, the term of his
directorship expired at the company’s most recent Annual General Meeting
on September 4, 2012.
"We thank Deepak for his 6 years of service and his contributions to the
company. We are excited to have both Adrian and Renu join the Board of
Directors, and are confident that their rich experience, strong
relationships and unique business perspectives will be invaluable assets
to WNS,” said Eric Herr, Chairman of WNS’s Board of Directors.
Mr. Dillon will serve on the Audit Committee while Mrs. Karnad will
serve on the Compensation Committee. With Mr. Parekh’s departure and the
addition of Mr. Dillon and Mrs. Karnad, WNS’s Board of Directors now
consists of eight directors, six of whom satisfy the “independence”
requirements of the NYSE listing standards.
WNS (Holdings) Limited (NYSE: WNS) is a leading global business process
outsourcing company. WNS offers business value to 200+ global clients by
combining operational excellence with deep domain expertise in key
industry verticals including Travel, Insurance, Banking and Financial
Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping
and Logistics and Healthcare and Utilities. WNS delivers an entire
spectrum of business process outsourcing services such as finance and
accounting, customer care, technology solutions, research and analytics
and industry specific back office and front office processes. As of June
30, 2012, WNS had 25,939 professionals globally. WNS currently has 29
delivery centers worldwide including Costa Rica, India, Philippines,
Poland, Romania, South Africa, Sri Lanka, United Kingdom and the United
States. For more information, visit www.wns.com.
Safe Harbor Statement
This release contains forward-looking statements, as defined in the safe
harbor provisions of the US Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on our current
expectations and assumptions about our Company and our industry.
Generally, these forward-looking statements may be identified by the use
of terminology such as “anticipate,” “believe,” “estimate,” “expect,”
“intend,” “will,” “seek,” “should” and similar expressions.
Forward-looking statements inherently involve risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied by such statements. Such risks and uncertainties
include but are not limited to worldwide economic and business
conditions; political or economic instability in the jurisdictions where
we have operations; regulatory, legislative and judicial developments;
our ability to attract and retain clients technological innovation;
telecommunications or technology disruptions; future regulatory actions
and conditions in our operating areas; our dependence on a limited
number of clients in a limited number of industries; our ability to
expand our business or effectively manage growth; our ability to hire
and retain enough sufficiently trained employees to support our
operations; negative public reaction in the US or the UK to offshore
outsourcing; increasing competition in the BPO industry. These and other
factors are more fully discussed in our most recent annual report on
Form 20-F and subsequent reports on Form 6-K filed with or furnished to
the US Securities and Exchange Commission (SEC) which are available at www.sec.gov.
We caution you not to place undue reliance on any forward-looking
statements. Except as required by law, we do not undertake to update any
forward-looking statements to reflect future events or circumstances.
Source: WNS (Holdings) Limited
WNS (Holdings) Limited