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Tag: Abidali Neemuchwala

  • Wipro names Abidali Neemuchwala as new CEO

    Wipro names Abidali Neemuchwala as new CEO

    NEW DELHI: Information technology services provider Wipro has appointed Abidali Z Neemuchwala as the new CEO.

     

    Prior to this, he was group president and chief operating officer of Wipro for the past nine months. At present, he is not on the board of Wipro.

     

    A Tata Consultancy Services veteran, Neemuchwala worked for 23 years in leadership roles.

     

    The Bangalore-based Wipro said current CEO TK Kurien will become the executive vice chairman and will be a member of Wipro board till March 2017.

     

    A spokesperson of Wipro told Indiantelevision.com that the aim was to ensure smooth transition of executive powers to the new CEO.

     

    Neemuchwala will handle the mandate to take Wipro through the next phase of growth.

     

    Wipro chairman Azim Premji said, “As executive vice chairman, Kurien will enable Abid by leveraging his deep relationships with customers and chart out a new technology roadmap for Wipro.”

     

    Premji said Neemuchwala has effortlessly assimilated into the culture and ethos of Wipro in his nine months as the group president and chief operating officer.

     

    Kurien will continue to report to Premji and will remain a member of the Wipro Board until 31 March, 2017.

     

    “I am convinced that we are well positioned to seize new opportunities in today’s marketplace. I look forward to working with the thousands of Wiproites to take our company to greater heights,” said Neemuchwala.

     

    Both Kurien and Neemuchwala will be on the Board of the company. Both these appointments are effective 1 February, 2016.

     

    Neemuchwala came to Wipro as the group president and COO from 1 April, 2015 from TCS, He has been handling the service lines of global infrastructure services, business application services, business process services, and advanced technology solutions. He will also head business operations; the geographies comprising Continental Europe, Africa, and LATAM; strategic engagements, advisor relationships as well as the marketing function.

     

    An Electronics & Communication engineer from NIT, Raipur, with a Masters in Industrial Management from IIT, Mumbai, Neemuchwala has experience in business and technology operations, process, and consulting.

  • Wipro Global restructures media & telecom services wing

    Wipro Global restructures media & telecom services wing

    New Delhi, 8 November: Software major Wipro Global media and telecom Business head Ayan Mukerji has quit, leading to a shake-up.  No reasons were given for Mukherji’s departure as the head of the nearly $1 billion business. Mukherji played a major role in growing the various businesses across geographies during his 28 years of association with the outsourcing major.

     

    Wipro said the global media and telecom business will have a new structure with its sub-vertical communication services providers carved out into a separate strategic business unit (communications) with Vice President Anil Jain as its head. Jain will report to

    president and chief operating officer Abidali Neemuchwala.

     

    A  statement from the company said the media vertical has been merged into the retail, consumer goods, transportation and government (RCTG) business unit headed by Srini Palla to tap increasing synergies. The network equipment providers’ (NEP) vertical that works with customers such as Cisco has been merged into the manufacturing and hi-tech business headed by NS Bala to strengthen the company’s position in this space.

     

    Product engineering services business will also report to Neemuchwala who joined Wipro in March after leaving Tata Consultancy Services.

     

    In the second quarter of fiscal 2016, Wipro generated 13.4 percent revenue from Global Media & Telecom, 26.7 percent from Finance Solutions, 18.7 percent from Manufacturing & Hitech, 11.4 percent from Healthcare, Life Sciences & Services, 15.1 percent from Retail, Consumer Goods & Transportation and 14.7 percent from Energy, Natural Resources & Utilities. Its revenue rose 2.1 percent sequentially to $1,832 million in the second quarter ended 30 September.

     

    The Americas region contributed 53 percent revenue in Q2, Europe 25.2 percent, India & Middle East business 10.6 percent and APAC and Other Emerging Markets 11.2 percent.