WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Outsourcing (BPO) services, today announced that the Company's Group Chief Executive Officer - Keshav R. Murugesh, was recognized with the Social Entrepreneurship award at Asia's Best CSR Practices Awards 2011, held at Suntec, Singapore. Keshav was honored for supporting multiple community outreach programs at an individual level and as a socially responsible leader. He has been leading and supporting several nitiatives throughout his professional career; among them being, Students in Free Enterprise, India (SIFE India) as Founder Chairman; WNS Cares Foundation as Founder; and the Marrow Donation Registry in India (MDRI).
"I am honored to receive this award and thank my Company WNS, family, colleagues and friends from the industry who have always helped and encouraged me in creating and supporting organizations that either directly or indirectly influence and impact communities around us" said Keshav.
SIFE (Students in Free Enterprise) India, a not-for-profit organization, of which he is Chairman, was brought to India by Keshav, in 2003. SIFE was created with a mission to bring together students, communities and leaders of today and tomorrow to create a better and more sustainable world through the positive power of business. The organization has expanded rapidly, attracting top student talent from discerning universities in India and has established itself as one of the premier student-based organizations in the country, supporting free enterprise and entrepreneurship. Keshav earlier received the Champion of SIFE award in New York in 2007. WNS Cares Foundation, a registered NGO, was also set up under the leadership of Keshav, with the aim to create a better and sustainable future for underprivileged children and youth at all WNS locations, globally. It is impacting more than 20000 children. Keshav has also been an active participant in propagating one of India's first Marrow Donor Registries.
Asia's Best CSR Practices Award 2011 was hosted by the Asian Confederation of Businesses and was powered by the World CSR Day. The event witnessed over 300 delegates and several global organizations from over 15 participating countries, out of which a few companies and leaders were recognized for showcasing extraordinary contribution towards corporate social responsibility and for their spirit of giving. The awards were presented by Donovan Neale-May, Executive Director, CMO Council, and the jury involved some renowned names from across industries.
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. WNS has over 21,000 professionals across 21 delivery centers worldwide including Costa Rica, India, Philippines, Romania, Sri Lanka and United Kingdom. For more information, visit www.wns.com.
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This release contains forward-looking statements as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements 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. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "will," "project," "seek," "should" and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our performance. 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 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; the implications of our recently announced accounting changes and restatement of our financial statements, and any adverse developments in existing legal proceedings or initiation of new legal proceedings; 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; our ability to successfully grow our revenue, expand our service offerings and market share and achieve accretive benefits from our acquisition of Aviva Global Services Singapore Pte. Ltd. (which we have renamed as WNS Customer Solutions (Singapore) Private Limited following our acquisition), our master services agreement with Aviva Global Services (Management Services) Private Limited; our ability to successfully consummate strategic acquisitions; and the volatility of our ADS price. These and other factors are more fully discussed in our annual report on Form 20-F for the fiscal year ended March 31, 2011 filed with the U.S. Securities and Exchange Commission which is available at www.sec.gov. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans, objectives or projected financial results referred to in any of the forward-looking statements. Except as required by law, we do not undertake to release revisions of any of these forward-looking statements to reflect future events or circumstances.