Steve Reynolds and Peter Grover Join to Head Up North America and Europe
NEW YORK & LONDON--(BUSINESS WIRE)--Aug. 23, 2007--WNS (Holdings)
Limited (NYSE: WNS), a leading provider of offshore business process
outsourcing (BPO) services, announced the appointment of two seasoned
industry executives to its Travel Business Unit. These appointments
further WNS' strategy of strengthening its leadership position in
travel BPO in both North American and European markets.
Steve Reynolds has joined as Executive Vice President for WNS
Travel - North America, and Peter Grover has joined as Executive Vice
President for WNS Travel - Europe. Both will be responsible for
business development, account management and strategy in their
respective geographies.
Reynolds comes to WNS with more than 20 years of working with
major travel industry technology and services companies where he has
developed products, such as RESX and CORREX, a reservation processing
system, and improved the operations of many leading travel industry
companies.
"Joining WNS is a tremendous opportunity to become part of a
recognized and rapidly growing industry leader," Reynolds said. "I've
been impressed for many years with WNS' ability to move complex travel
solutions offshore and sustain a high level of customer satisfaction
throughout the process. It's a real testament to their transition and
transformational capabilities."
Previously, Reynolds served as Regional Vice President for Travel
and Transportation at Affiliated Computer Services Inc., a Fortune 500
technology and services provider, where he led the travel and
transportation division. He was also Executive Vice President and
Chief Technology Officer at TRX Inc., a provider of software
applications for the travel industry. Reynolds has helped leading
travel companies integrate and deploy technology solutions and execute
BPO strategies.
Grover brings more than 20 years of travel industry experience
encompassing airlines such as British Airways and United Airlines,
GDS, and corporate and leisure travel companies. Most recently, Grover
was Executive Vice President at TRX Inc., where he managed its
European operations involving 750 staff and developed long-term
relationships with leading travel industry companies.
"I am excited to be joining WNS, a leader in providing high-end
outsourcing service to the global travel industry," Grover said. "I
look forward to building on its great reputation for client service,
business transformation and being part of a team that is demonstrating
such growth in this market."
Prior to TRX, Grover was the General Manager of Sales and
Marketing for Galileo UK and was instrumental in the sale of the
business from British Airways to Galileo International in 2000. He
also spent four years with Amadeus in senior roles including running
their UK subsidiary.
"We are privileged to get two very experienced professionals of
such stature on board; Steve and Peter bring a unique combination of
global travel industry, business development and BPO expertise to
WNS," said Anup Gupta, CEO, WNS Travel. "They are strong additions to
our team as we deepen our domain expertise, enhance our business
strategy and services, and enter into strategic partnerships with our
clients to transform their businesses."
About WNS
WNS is a leading provider of offshore business process
outsourcing, or BPO, services. We provide comprehensive data, voice
and analytical services that are underpinned by our expertise in our
target industry sectors. We transfer the execution of the business
processes of our clients, which are typically companies located in
Europe and North America, to our delivery centers located primarily in
India. We provide high-quality execution of client processes, monitor
these processes against multiple performance metrics, and seek to
improve them on an ongoing basis.
WNS ADSs are listed on the New York Stock Exchange. For more
information, please visit our website at www.wnsgs.com
Safe Harbor Statement under the provisions of the United States
Private Securities Litigation Reform Act of 1995
This release contains "forward-looking statements" that are based
on our current expectations, assumptions, estimates and projections
about our company and our industry. The forward-looking statements are
subject to various risks and uncertainties. Those statements include
estimates of the benefits of the proposed acquisition and future plans
of the company. We caution you that reliance on any forward-looking
statement involves risks and uncertainties, and that although we
believe that the assumptions on which our forward-looking statements
are based are reasonable, any of those assumptions could prove to be
inaccurate, and, as a result, the forward-looking statements based on
those assumptions could be materially incorrect. These factors include
but are not limited to: 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 attract and retain
clients; 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
U.S. or the U.K. to offshore outsourcing; regulatory, legislative and
judicial developments; increasing competition in the business process
outsourcing industry; political or economic instability in India, Sri
Lanka and Jersey; worldwide economic and business conditions; our
ability to successfully consummate strategic acquisitions; and other
risks described from time to time in our SEC filings, including our
registration statement on Form F-1 (No. 333-135590) filed on July 3,
2006, as amended.
CONTACT: Investors:
WNS (Holdings) Limited
Jay Venkateswaran, +1 212 599 6960
Senior VP -- Investor Relations
ir@wnsgs.com
or
Media:
Gutenberg Communications
Mike Sherrill, +1 212 230 8741
msherrill@gutenbergpr.com
SOURCE: WNS (Holdings) Limited