Southeast Asia BFSI industry is rapidly evolving, says Srinivasan
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) said Frederic Abecassis as the Head of Banking, Financial Services & Insurance (BFSI) Industry Sector in Southeast Asia will partner with and help clients achieve their core business and digital transformation goals, while realizing their topline, bottomline and ESG (Environmental, Social & Governance) ambitions.
In an increasingly hyperconnected world, evolving consumer behavior is driving rapid digital transformation across Southeast Asia’s BFSI sector, said Wipro on 7 Nov 2022.
Frederic will spearhead Wipro’s BFSI business growth across this region, including Hong Kong. He will also help strengthen Wipro’s ecosystem of technology partners in the region.
A digital transformation pioneer and an expert in Financial Services (FS), Frederic brings over two decades of experience in leading strategy and business and technology consulting across Europe, the Middle East and Asia.
Abecassis has been supporting leading FS institutions to shape and deliver large transformation programs, right from strategy to execution.
“We are excited to welcome Frederic to our leadership team. Driven by digital disruptions, the BFSI industry across Southeast Asia is rapidly evolving and continues to be on a high growth trajectory,” said Badri Srinivasan, Managing Director – Southeast Asia, Wipro Limited.
“With Frederic’s vast experience and deep expertise, I am confident of strengthening our position as a market leader in the region, deepening our engagement with existing clients and establishing a thriving ecosystem with our technology partners,” Srinivasan said.
“Financial Services organizations are operating in an exponentially changing world. More than ever, the industry is facing an absolute need, but also a unique opportunity, to shape the future by partnering in new ways to accelerate digital transformation, innovate, increase efficiencies, and serve both economic and societal priorities,” said Frederic Abecassis.
“It is a privilege to join Wipro, an organization that is not only a leading transformational partner to the world’s pre-eminent FS institutions, but also a model of social good. I am excited about the journey ahead, leading our BFSI business in this diverse region that I am deeply passionate about, driving value for our clients, growing our talent base, and contributing to Wipro’s growth.”
Prior to joining Wipro, Frederic was with Capgemini Invent, where he held various leadership roles, including FS Strategic Deals Lead in France, Head of FS Middle East, and Managing Director of Hong Kong & Southeast Asia. He holds a Masters in Management & Finance from EDHEC Business School in France. Frederic is based in Hong Kong.
Southeast Asia is one of the six focus regions that comprise Wipro’s APMEA (Asia Pacific, Middle East, India and Africa) Strategic Market Unit. fiinews.com
