Insta
Wipro CEO And MD Abidali Z Neemuchwala To Step Down Due To Family Commitment
Swarajya Staff
Jan 31, 2020, 02:06 PM | Updated 02:06 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Indian IT giant Wipro on Friday (31 January) said that its CEO and Managing Director Abidali Z Neemuchwala has decided to step down from the company, reports India Today.
Neemuchwala will continue to hold the office of the CEO and Managing Director until a successor is appointed to ensure that the business continues as usual.
"Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to step down due to family commitments," the BSE filing said.
The Board of Directors has also initiated a search to identify the next Chief Executive Officer, it added.
"We thank Neemuchwala for his leadership and his contributions to the Wipro. Over the last four years, he helped build a strong execution mindset, drove key acquisitions and scaled our Digital business globally," Wipro Chairman Rishad Premji said.
Neemuchwala said "lt has been my honour and privilege to serve Wipro, a company with a rich legacy of almost 75 years...I thank Azim Premji, Rishad, our Board of Directors, my Wipro colleagues and customers for their support over the years."
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.