Wipro expands group executive council1 min read . Updated: 04 Apr 2015, 12:37 AM IST
COO Neemuchwala, three others inducted to Wipro's highest decision-making body to assist Azim Premji
Bengaluru: Wipro Group, which comprises the listed Wipro Ltd and two privately held companies, has expanded its highest decision-making body by inducting Abid Ali Neemuchwala, the new chief operating officer (COO) of India’s third-largest software services exporter, and three presidents to the group executive council (GEC) to assist chairman Azim Premji.
The group will now have 10 executives, including chief executive of the information technology (IT) business, T.K. Kurien, and heads of Wipro Infrastructure Engineering and Wipro Consumer Care and Lighting in the council.
“The group executive council carries the charter of providing thought leadership across the Wipro Group and is the driving force behind shaping its strategic priorities," Premji said in a statement. “These leaders bring with them a rich global experience and we are confident their induction will bring more plurality of ideas and add more heft to the deliberations of the council."
On Friday, the group brought company veterans and recently appointed presidents G.K. Prasanna and Bhanumurthy B.M. and another president and head of energy and utilities unit, Anand Padmanabhan, in the council, after the group’s finance head, Suresh Senapaty, retired last month. The group’s chief sustainability officer Anurag Behar and Wipro-GE Healthcare joint venture boss Terri Bresenham are the two other executives in the core council.
This development comes after Wipro last month undertook the largest management reshuffle in four years.
The firm, which posted revenues of $7.3 billion in the year ended 31 March, named former Tata Consultancy Services Ltd veteran Neemuchwala as its new COO last month. Wipro Infrastructure Engineering, headed by Pratik Kumar, and Wipro Consumer Care and Lighting, led by Vineet Agrawal, are estimated to have business worth $1.2 billion.