On the recommendation of Nomination and Compensation Committee, the Board of Directors of WeP Solutions Limited considered and approved the Appointment of Mr. Ashok Tripathy, as Managing Director (MD) and Chief Executive Officer (CEO) of the Company w.e.f 1st July 2022.
Mr. Ashok Tripathy is a distinction holder in Electronics and Electrical engineering from Birla Institute of Technology and an MBA from Xavier Institute of Management. He is an accomplished leader in the Information Technology industry. He brings an array of outstanding executive capabilities in developing and leading global technology organizations. He has experience in driving business transformation in Indian and global markets, across technology products and services.
Inducted into IT sales and business development, at Wipro, Ashok rapidly grew through the ranks to manage complete business portfolios, early in his career. With roots in IT infrastructure and cloud stack, he has extensive exposure to software products, digital platforms, and technology services. In his distinguished leadership journey at Wipro, he invested in stints in cross-functional operations, which included corporate & business planning, human capital management, and global alliances.
Sought exclusively to accept challenging assignments and energize businesses, Ashok delivered success through hands-on leadership with a strong emphasis on fundamentals. Turning around de-growing global IT services, breaking into new international markets, driving profitable growth while enhancing the brand visibility of Wipro's IT infrastructure portfolio. His total stint at Wipro was for more than 24 years. Some of his significant achievements include scaling alliances, and leading green sustainability rankings.
Ashok believes that business success is a function of 4 Vs - Vision, Value (internal values and value for clients), Volunteers (people), and Velocity. He is recognized for high energy foundational focus, client centricity, perseverance and making work engrossing, and fun.
Post Wipro, Ashok located to US for work with small and midsize US corporations in leadership role in IT Products and Services. He is currently based in New York and shall primarily be operating out of Bengaluru.
Mr. Ram N Agarwal the current Chairman and Managing Director will step down from his role as Managing Director on June 30, 2022. He will continue to be Non-Executive Director and Chairman of the Company.
Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs. 28.60 as compared to the previous close of Rs. 28.60. The total number of shares traded during the day was 14500 in over 91 trades.
The stock hit an intraday high of Rs. 30.60 and intraday low of 28.00. The net turnover during the day was Rs. 420729.00.