India’s third largest IT
exporter Wipro Limited on Monday announced the appointment of Abid Ali Z.
Neemuchwala as the Chief Executive Officer and Member of the Board of the
company. The company also appointed the current CEO T.K. Kurien as the
Executive Vice Chairman. Both the appointments will be effective from February
1, 2016, the company said in a release.
“Over the
past five years, Wipro has been transforming into a next generation technology
and consulting company with defining differentiators in the market place,” T.K.
Kurien, will continue to report to Azim Premji and will remain a Member of the
Board until March 31, 2017. “As Executive Vice Chairman, TK will enable
Abid by leveraging his deep relationships with customers and chart out a new
technology roadmap for Wipro,” Mr. Premji added.
Wipro had appointed former
TCS BPO CEO Abid Ali Neemuchwala as the group president and chief operating
officer (COO) of the company effective April 1, 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,” added Mr. Premji.
“Abid has
demonstrated a deep understanding of technology, business vision, sound
judgement, and an innate ability to bring people together. I have no doubt that
Abid is the right leader to lead Wipro in its next phase of growth,” said T.K.
Kurien.
“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," said Mr. Neemuchwala in a statement.
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