Wipro Promotes Four of Its Veterans to President Rank
Bengaluru: Wipro has promoted four senior executives, including elevating human resources chief Saurabh Govil, to the rank of president, as part of a strategy to retain key leaders at India’s third-largest software exporter. Other than Govil, who joined Wipro in 2009 after a stint at GE Healthcare, Wipro has also promoted company veterans Soumitro Ghosh, Srini Pallia and NS Bala to the rank of president with effect from April 1.
Ghosh heads Wipro’s India and Middle East business, Pallia oversees the consumer vertical while Bala heads the manufacturing and technology businesses.
Wipro has also inducted these executives to the company’s group executive council, its highest decisionmaking body. The newly-promoted presidents will continue to report to CEO Abidali Neemuchwala.
In an email response to an ET query, a Wipro spokesperson confirmed the promotions and said, “They have also been inducted to the Group Executive Council, a forum for the core group of Wipro leaders to deliberate and strategise the long-term vision for the corporation.”
With the latest round of promotions, Wipro now has eight executives who hold the rank of president.
The other four presidents include energy and utilities head Anand Padmanabhan, the first executive to be promoted to this rank; chief operating officer Bhanumurthy BM; banking and financial services chief Shaji Farooq; and company veteran GK Prasanna, who heads the newlycreated marketing, innovations and technology unit
The latest round of promotions come months after Wipro put its faith in TCS veteran Neemuchwala to resurrect the company’s flagging fortunes.
In recent months, Wipro has lost some of its key executives such as former healthcare and life sciences head Sangita Singh and former telecom chief Ayan Mukerji, who has since moved on and joined research and advisory firm Zinnov. Neemuchwala has laid out an ambitious goal of making Wipro a $15billion company by 2020, as part of which he has urged senior managers to help the company regain industry-leading growth rates.
Abid Ali Neemuchwala, CEO, Wipro