Wipro Limited, a leading technology services and consulting company, announced the appointment of Srini Palya as Chief Executive Officer and Managing Director, effective immediately. His predecessor, Thierry Delaporte, who led Wipro’s significant transformation over the past four years, is stepping down to pursue his passions outside of work.
Srini has been with Wipro for over 30 years, most recently as CEO of Americas 1, Wipro’s largest and fastest growing strategic market. In this role, he oversaw various industry sectors, established a vision and executed growth strategies, resulting in increased market share within these sectors. Srini is a member of the Wipro Board of Directors.
Wipro Chairman Rishad Premji said: “Srini is the ideal leader to lead the company at this pivotal time for Wipro and the industry. Over the past four years, Wipro has implemented significant transformation in the most challenging of external circumstances. Srini is an integral part of this journey. With his customer centricity, growth mindset, strong execution skills and commitment to Wipro’s values, he is the perfect fit as Wipro begins a new chapter of growth and profitability.”
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“I would like to thank Thierry for the leadership he has shown at Wipro. The changes he has implemented have better positioned our company for the future. We have optimized our structure and strengthened our leadership. “We have prioritized partnerships and improved overall efficiency. This provides a strong foundation for Srini to step onto.”
Rishad Premji added: “Thierry will remain until the end of May and will work closely with Srini and myself to ensure a smooth handover.”
Srini joined Wipro in 1992 and has held leadership positions including President of Wipro’s Consumer Business Unit and Global Head of Business Application Services. He brings to the role of CEO a wealth of organizational and industry knowledge, as well as a strong track record of leadership during unprecedented technological transformations within the industry.
Commenting on this appointment, Srini Palya said: “Wipro is one of those rare companies that combines profit and purpose, and I am truly honored to have been chosen to lead this iconic company. Building on the strong foundation laid by Thierry, we will lead Wipro into the next I am excited to lead the company on a growth trajectory. My entire career has been built at Wipro and I have a deep understanding of our 78-year history and our incredible team of over 240,000 employees. has the right strategy and great talent and capabilities across the organization. We look forward to future growth opportunities.”
Thierry Delaporte said: “I would like to thank Rishad and the Board of Directors for giving me the opportunity to lead Wipro during a period of significant change. I am proud of the strong foundation we have laid for Wipro’s future success. In the last four years, Srini has built a successful business in its largest market, the Americas 1, and has become a key strategic partner for our customers.As I take over from Srini, I am very happy to see him continue this journey and take it to even greater heights. I’m sure you’ll give it to me.”
Srini holds a bachelor’s degree in engineering and a master’s degree in business administration from the Indian Institute of Science, Bengaluru. She is a graduate of Harvard Business School’s Leading Global Business Executive Program and the McGill Executive Institute’s Advanced Leadership Program.
Srini will be based in New Jersey and will report to Rishad Premji, Chairman.
SOURCE: BusinessWire