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Markets: Capco to offer strategic services in the Middle East

Fiinews by Fiinews
December 15, 2022
in Markets
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Hamza wants to accelerate Middle East clients’ innovation plans

Capco, a Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization and business consolidation initiatives.

“Our ambition in the Middle East is simple – for Capco, as a creative, disruptive management and technology consultancy, to support the region’s most prestigious financial services institutions,” said Lance Levy, CEO of Capco and Executive Sponsor of Wipro’s Financial Services Business.

“Capco has always been about pushing boundaries and creating new opportunities, for our business and our people. Our new Middle East presence continues to deliver on that,” Levy said on 14 Dec 2022.

The new consulting capability will be led by Naim Alame as its Managing Partner, Middle East. He joins from Accenture Middle East and has extensive experience in financial services, delivering digital and core transformation programs across top tier banks in the region.

“I look forward to partnering with Middle Eastern clients to design and implement bespoke, strategic programs that will deliver true value and differentiation,” added Alame, Managing Partner – Middle East, Capco.

“The success of Capco’s innovative and entrepreneurial approach is recognized across the financial services industry. Capco’s bold ideas and value propositions will allow financial services firms in the region to enhance the scope, accessibility, and attractiveness of their offerings to their customers.”

“The launch of Capco’s financial services consulting capability will allow us to accelerate our Middle East clients’ innovation plans and end-to-end transformation journeys,” elaborated Mohamad Hamza, Regional Head of Banking, Financial Services, & Insurance (BFSI) – Middle East, Wipro Limited.

“The combination of Capco and Wipro capabilities will enable us to offer a front-to-back proposition that addresses our clients’ most pressing challenges and opportunities. We are confident that this new advisory focus will strengthen our growth ambitions in the region.” fiinews.com

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