Azim Premji announces 2 Joint CEOs

Mumbai, Apr 18: IT giant Wipro Limited today elevated Girish Paranjpe and Suresh Vaswani as Joint CEOs and accommodating them in the board along with the Chief Financial officer Suresh Senapaty.

Commenting on the changes, Wipro Chairman Azim Premji said, ''Wipro has a tremendous opportunity to grow its leadership position in providing end to end IT, R&D and BPO Services to its clients globally. We are transitioning our leadership to a pair of Joint-CEOs who together give twice the leverage to seize these opportunities. Girish and Suresh have been close partners in spearheading the growth of Wipro's IT business over the past 10 years.'' Welcoming the new Board members, he added, ''The inclusion of these new members will add richness and breadth to the Board.'' Sudip Banerjee, currently President of the Enterprise Solutions Business is moving as Director on the Advisory Board of Premji Invest (PI).

Mr Paranjpe has been with Wipro since 1990 and has transitioned from leadership roles in the Finance function to business leadership roles. Most recently, he was the President of the Banking, Financial Services and Insurance Business Unit of the Global IT Business of Wipro. Mr Vaswani has been with Wipro since 1985. Over this period he has held multiple leadership positions, and was most recently President of Wipro Infotech (the India, Middle East and APAC IT business of Wipro) and of Global Practices (EAS, Testing&TIS).

Mr Senapaty has been with Wipro since 1980, and has been CFO of Wipro Limited since 1995. He has rich experience of having successfully steered all our businesses through different stages of growth.

UNI