Wipro Appoints Srini Pallia as CEO & Managing Director
Wipro
Limited, a leading technology services and consulting company, announced the
appointment of Srini Pallia as the Chief Executive Officer and Managing
Director of the Company, effective immediately. He succeeds Thierry Delaporte,
who, after spearheading a significant transformation at Wipro for the last four
years, is stepping down to pursue passions outside the workplace.
Srini has been with Wipro for over three decades
and most recently served as the CEO for Americas 1, Wipro's biggest and
fastest growing strategic market. In this role, he oversaw diverse industry
sectors, established their vision, and implemented growth strategies, resulting
in increased market shares within these sectors. Srini is a member of the
Wipro Executive Board.
“Srini is an ideal leader to lead Wipro at this
pivotal moment for our company and industry. Over the past four years, Wipro
has undergone a major transformation under the most challenging external
conditions. Srini has been an integral part of this journey. His client-centric
approach, growth mindset, strong execution focus, and his commitment to Wipro's
values, make him the perfect fit as we enter the next chapter of growth and
profitability,” said Rishad Premji, Chairman, Wipro Ltd.
“I’d like to express my gratitude to Thierry for
his leadership at Wipro. The changes he implemented have better positioned us
for the future. We have optimized our structure, enhanced our leadership,
prioritized partnerships, and improved our overall efficiency. This provides a
strong foundation for Srini to effectively build upon.”
“Thierry will continue until the end of May,
working closely with Srini and me to ensure a smooth transition,” added Rishad
Premji.
Srini joined Wipro in 1992 and has held many
leadership positions, including President of Wipro’s Consumer Business Unit and
Global head of Business Application Services. Srini brings to the CEO role
extensive institutional and industry knowledge, as well as a strong track
record of leadership through some of the most significant technological shifts
the industry has seen.
Commenting on his appointment, Srini Pallia said,
“Wipro is one of those rare companies that combines profit with purpose, and I
am truly honored to have been chosen to lead this iconic institution. I am
excited to build on the strong foundation established by Thierry and lead Wipro
on its next growth trajectory. I have built my entire career at Wipro, and I
have a deep appreciation of our 78-year history and our incredible team of more
than 240,000 associates. We have the right strategy, and tremendous people and
capabilities throughout the organization, and I am excited about the
opportunities for future growth.”
Thierry Delaporte said, “I'm grateful to
Rishad and the Board for the opportunity to lead Wipro through a period of
significant transformation. I am proud of the solid foundation we have laid for
Wipro’s future success. In the four years we have worked together, Srini
has built a successful business in our largest market of Americas 1 and has
become an important strategic partner to our clients. As I pass the torch to Srini, I'm confident he'll continue our journey,
steering us to greater heights.”
Srini holds a bachelor’s degree in engineering, and a
master’s in management studies from Indian Institute of Science, Bangalore. He
graduated from Harvard Business School’s Leading Global Businesses executive
program, and the Advanced Leadership Program at McGill Executive Institute.
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