Wipro CEO steps down due to family commitments

Wipro CEO steps down due to family commitments

Wipro CEO Abidali Z Neemuchwala. (DH Photo/ B H Shivakumar)

IT firm Wipro Limited on Friday announced that its Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to step down owing to family commitments.

The Board of Directors has initiated a search to identify the next Chief Executive Officer, the company said in a statement. Abid will continue to hold the office of the CEO & Managing Director until a successor is appointed for a smooth transition and to ensure that business continues as usual.

"lt has been my honour and privilege to serve Wipro, a company with a rich legacy of almost 75 years. We have made considerable progress in our transformation journey, improved our delivery engine and institutionalised deeper client centricity. I thank Azim Premji, Rishad, our Board of Directors, my Wipro colleagues and customers for their support over the years," Abidali Z Neemuchwala said. 

Rishad Premji, Chairman said, "We thank Abid for his leadership and his contributions to Wipro. Over the last four years, Abid helped build a strong execution mindset, drove key acquisitions and scaled our Digital business globally. We wish him the very best for the future."

 

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)