Wipro names new CEO, Board memberBusiness News

January 04, 2016 12:35
Wipro names new CEO, Board member},{Wipro names new CEO, Board member

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Wipro, India’s third largest IT exporter, named Abid Ali Z. Neemuchwala as the Chief Executive Officer as the Board member of the company. The current CEO T.K. Kurien is also named as the executive Vice Chairman. The appointments are effective 1 February 2016, according to a company release.

 Azim Premji, Wipro Limited chairman, said, “Over the past five years, Wipro has been transforming into a next generation technology and consulting company with defining differentiators in the market place.”

Kurien will continue to report to Premji and continue as Board member until 31 March 2017.

Mr. Premji added, “As Executive Vice Chairman, TK will enable Abid by leveraging his deep relationships with customers and chart out a new technology roadmap for Wipro.”

The company named former TCS BPO CEO Abid Ali Neemuchwala as the President of the group and Chief Operating Officer (COO), effective 1 April 2015.

“In his nine months as the Group President and Chief Operating Officer, Abid has effortlessly assimilated into the culture and ethos of Wipro.  The new structure will ensure smooth succession and will build on the solid foundation we have developed to drive superior growth and profitability. I wish both TK and Abid every success in their new roles,” Mr. Premji said.

In a statement, Mr. Neemuchwala said, “It is a privilege and an honour to be invited to lead Wipro, a company with a rich heritage of technology innovation and unflinching commitment to values. I am convinced that we are well positioned to seize new opportunities in today’s marketplace. I look forward to working with the thousands of Wiproites to take our company to greater heights."

-Sumana

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