Wipro announces new organisation structure

BANGALORE: Following the news of its high profile vice chairman and president Vivek Paul's exit from the company, Wipro Ltd has announced the introduction of its leadership team that will drive the next phase of growth.

Dr Lakshman Rao has been appointed the Chief Operating Officer. Sudip Banerjee, President will lead the Enterprise Business and Girish Paranjpe, President will lead the Banking and Financial Services Business. Suresh Vaswani, President will continue to lead the India and Asia Pacific IT Business along with his leadership of the key technology expertise horizontals of Technology Infrastructure Services and Testing globally.

T K Kurien will continue to lead Wipro's BPO business. All of the above will report into Azim Premji, Chairman of Wipro Ltd. Ramesh Emani will lead the R&D Services business, reporting into Dr Rao.

The company said that after six successful years at Wipro, Vivek Paul is moving on to play a significant role in the technology and life sciences space, by becoming a Partner at the Texas Pacific Group, a leading private investment firm.

Commenting on the changes, Azim Premji, Chairman said, "Vivek's contribution to the success of our Global IT business has been significant, reflected in Wipro's lead position today in many areas - R&D Services, IT Outsourcing and BPO. We wish Vivek the very best for his future. Vivek has groomed a set of global leaders who can take over from him and continue to build on this foundation”.

“The priorities for the new team will be leading industry growth, enhancing customer value by domain, business insights and proprietary frameworks, leveraging increased market synergies from our technology business, and building empowered teams and leaders. By widening and adding depth to our service portfolio, investing in sales

and marketing and focusing on training, we hope to take Wipro to its

Vision of Global leadership, he added.”

Reflecting on his tenure and future, Vivek Paul said, "The past six years have been deeply fulfilling for me. Wipro today leads in the transformation taking place in the technology and business Services space, and is therefore ideally positioned to enhance customer value. I am supremely confident that the leadership team taking over from me will continue to make significant progress in this direction."