Wipro Appoints Joint CEOs For IT Business. Three Executive Directors Inducted to Wipro Board
Wipro Ltd on April 18, 2008 announced changes in the management structure of its IT Business and expansion of its Board of Directors.
Girish Paranjpe, Suresh Senapaty and Suresh Vaswani have been appointed to the Board of Wipro Ltd. Wipro also re-structured its IT Business by appointing Girish Paranjpe and Suresh Vaswani as Joint-CEOs.
Girish Paranjpe has been with Wipro since 1990 and has transitioned from leadership roles in the Finance function to business leadership roles. Most recently he was the President of the Banking, Financial Services and Insurance Business Unit of the Global IT Business of Wipro.
Suresh Vaswani has been with Wipro since 1985. Over this period he has held multiple leadership positions, and was most recently President of Wipro Infotech (the India, Middle East and APAC IT business of Wipro) and of Global Practices (EAS, Testing & TIS).
Suresh Senapaty has been with Wipro since 1980, and has been CFO of Wipro Ltd since 1995. He has rich experience of having successfully steered all our businesses through different stages of growth.
Commenting on the changes, Azim Premji, Chairman, Wipro Ltd, said “Wipro has a tremendous opportunity to grow its leadership position in providing end to end IT, R&D and BPO Services to its clients globally. We are transitioning our leadership to a pair of Joint-CEOs who together give twice the leverage to seize these opportunities. Girish and Suresh have been close partners in spearheading the growth of Wipro’s IT business over the past 10 years.”
Welcoming the new Board members, he added, “The inclusion of these new members will add richness and breadth to the Board.”
Sudip Banerjee, currently President of the Enterprise Solutions Business is moving as Director on the Advisory Board of PremjiInvest (PI).
Lauding Sudip Banerjee for his contribution to Wipro, Azim Premji said “Sudip has been at the core of the leadership team that has built the IT Business of Wipro. He has significantly contributed to Wipro’s success over the years. While Sudip moves on to his new responsibility in PI, we are sure he will continue to be a great ambassador for Wipro.”
