Son of Wipro Founder to take over his father’s position next month

Son of Wipro Founder to take over his father’s position next month

Son of Wipro Founder to take over his father’s position next month
 
July 30 has been set to be the date for Azim Premji to retire as executive chairman and managing director of the Wipro company. From July 31st Abidali Z Neemuchwala will be serving as Managing Director for the company. Reappointment of Azim Premji’s son, Rishad A Premji also will be done on the same day as the Director and Executive Chairman of the company. Azim Premji had nearly led the company for about 53 years.
 
From July 31, 2019, to July 31, 2024, for the first period of five years, Azim Premji will be serving the company as Nonn-executive Chairman of Wipro. With his existing post as CEO, Abidali Z Neemuchwala will also be serving as Managing Director from 31st July. Azim’s Son Rishad has been a member of the Board, member of the strategy committee and Administrative and Shareholders/ Investors Grievance committee of Wipro since 2015.
 
Also, has he served as the Chairman of National Association of Software and Services Companies in the term of the 2018-2019 financial year. Rishad had already worked with Bain and Company in London as well as GE Capital in the US. Also has the World Economic Forum recognized him as a Young Global Leader. Even Neemuchwala has spent 23 years in Tata Consultancy Services.



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