Azim Premji, one of the pioneers of the Indian technology industry and Founder of Wipro Limited, will retire as Executive Chairman upon the completion of his current term on July 30, 2019 after having led the company for 53 years. However, he will continue to serve on the Board as Non-Executive Director and Founder Chairman.

The Board has also announced that Chief Executive Officer and Executive Director Abidali Z. Neemuchwala will be re-designated as Chief Executive Officer and Managing Director. These changes will be effective July 31, 2019, subject to shareholder approval.

Azim Premji transformed a small hydrogenated cooking fat company to a USD 8.5 billion global IT powerhouse while also leading the transformation of Wipro Enterprises Limited into a global FMCG, Infrastructure Engineering and Medical Devices leader, with revenues of approximately USD 2 billion. He will remain the Chairman of Wipro Enterprises Limited and continue to Chair the Board of Wipro-GE Healthcare.

Ashok S. Ganguly, Independent Director and Chairman, Board Governance, Nomination and Compensation Committee, Wipro Limited said,

“We thank Azim for his vision, outstanding leadership and years of extraordinary contribution towards building Wipro and the Indian IT industry. His unflinching commitment to values makes him an exemplar of how business and ethics can and must go together. His exceptional generosity makes him one of the greatest philanthropists of our time.

Rishad’s understanding of the global technology industry, strong strategic orientation and diverse leadership experience make him the right person to guide Wipro. He is also best positioned to represent the interests and fundamental social purpose of the largest shareholder of Wipro.”

Azim Premji said,

“I wish to thank generations of Wiproites and their families for their contribution towards building our company to what it is today. I am grateful to our clients, partners, and other stakeholders who have reposed trust and confidence in us.

It has been a long and satisfying journey for me. As I look into the future, I plan to devote more time to focus on our philanthropic activities. I have great confidence and trust in Rishad’s leadership to steer Wipro in its next phase of growth as we move forward.”

Chairman designate, Rishad Premji said,

“I am humbled and honoured to be invited to chair the Board of Wipro Limited, a company that has over decades demonstrated that success can be built on the foundation of strong values and uncompromising integrity. This is a testament to the spirit and dedication of thousands of Wiproites.

I am very excited about our future and the opportunity to create value for all our stakeholders in these transformative times for Wipro and the technology industry. I look forward to their trust, collaboration and support.”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

The post Wipro Limited Appoints Rishad Premji as Executive Chairman appeared first on InsideSAP Asia.

Executive Placement for the New Year

BackOffice Associates, a leader in solutions that solve complex data transformation challenges, their executive placement with Zarina Lam Stanford as Chief Marketing Officer. Stanford joins this innovative. company as it extends its leadership.  BackOffice Associates also plans to expand their reach into new industries and geographies worldwide with the help of Zarina Lam Stanford’s expertise. Reporting to CEO David Booth, Stanford will oversee all aspects of the company’s global and corporate brand and marketing strategy and operations..

Zarina Lam Stanford was formerly Chief Marketing Officer of SAP Asia Pacific and Japan. Prior to SAP Asia Pacific and Japan, she was Vice President at IBM, serving global, North America, and growth markets in IBM’s Systems and Software business units. Stanford was named a CMO Fellow by a UK-based Marketing Academy and received the distinction of “Woman of the Decade in Technology and Innovation” at the Women Economic Forum in 2018. A champion for diversity and inclusion initiatives, Stanford also serves on the Board of Directors at Beyond Diversity Foundation.

Data Driven Leadership

“Data as a currency is a global phenomenon that presents unprecedented challenges and opportunities for businesses of all sizes. I look forward to working with our regional presidents, the world-class BackOffice team of consultants, and the entire BackOffice team to advance our customers’ business goals and data journey to bring relevance and drive engagement along the way. With Dave and the executive team, as well as our blue-chip Board and fellow associates, I am in good company.”

“We are ecstatic to have Zarina join the BackOffice family and are eager to leverage her passion, creativity, industry knowledge, and proven leadership to deliver exceptional business growth and customer experience,” said Booth.

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