Barron's, the Dow Jones business and financial weekly, has named Vivek Paul, Vice Chairman, Wipro Ltd., as one of the world's most respected CEOs.
In the list, Barron's has identified 30 top-flight corporate leaders from across the world. Barron's noted: "The 30 CEOs on our list have one thing in common: They make a big difference to shareholders."
Barron's acknowledges Vivek Paul's contribution in transforming Wipro Technologies from a $150 million software developer into a $1 billion force in offshore outsourcing, handling IT and customer service for companies.
It says that because of Vivek Paul, Wipro could pose the greatest long-term threat to the world's top IT providers. In the honoree list for 2005, Vivek Paul joins the elite company of renowned global business leaders as Steven Reinemund, CEO, PepsiCo, and Terry Semel, CEO, Yahoo!
Under Vivek Paul's leadership Wipro is one of India's largest and fastest growing IT services companies. Vivek Paul stated: "At Wipro, we always strive to provide greatest value to our stakeholders, both internal and external. This recognition is testimony to all at Wipro who have worked with a zeal and passion to make Wipro a leader in global IT services."Vivek Paul was selected as one of TIME/CNN 25 Global Business Influentials for 2004 and rated by Businessweek as one of the Best Managers globally for 2003.