Wipro Limited on Monday announced the appointment of Abidali Z Neemuchwala as the Chief Executive Officer and Member of the Board of the country’s third-largest IT services company.
Neemuchwala, who is currently Group President and Chief Operating Officer, will take over from TK Kurien, who will become the Executive Vice-Chairman and continue on the company’s Board until March 31, 2017. Both appointments are effective February 1, 2016.
“Neemuchwala was Global Head of Business Process Services with TCS and has solid expertise in handling this thin-margin business, which he will bring to bear in his new role as CEO. Every CEO requires a mentor and there is no better mentor to Neemuchwala than TK, who is a Wipro veteran with many successes to his credit,” said Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research.
Source: The Hindu Business Line