Business news

Wipro founder Azim Premji to retire as Executive Chairman next month

IT Industry icon Azim Premji will retire as Executive Chairman of Wipro with effect from 30th July this year. He led the company for 53 years. The company said in a statement that he will continue to serve on the board as Non-Executive Director and founder Chairman.

His son Rishad Premji, Chief Strategy Officer and a board member, will take over as the Executive Chairman of the company. The board announced that Chief Executive and Executive Director Abidali Z Neemuchwala will be re-designated as CEO and Managing Director of Wipro.

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