NEW DELHI: IT czar Azim H Premji, who is set to retire as the manager chairman of Wipro, mentioned on Thursday that steering the company were the greatest privilege of his lifestyles and exuded self belief that his son will lead it to bigger heights.
Premji will move over the baton to his son Rishad in July-end after leading the fee on the company for over five many years.
He will, however, continue to serve on the board as a non-executive director for 5 years till July 2024 and has also been conferred the identify of founder chairman. Rishad, is recently leader technique officer and a board member of Wipro.
In a message to staff, Premji exuded self belief that Wipro will continually turn out to be to scale new heights as the arena changes however stay firmly committed to its values.
"I am confident that the future of Wipro will far outshine anything that we have done before," he mentioned including that Rishad dropped at the position new tactics of thinking, revel in, and competence that would lead Wipro to bigger heights.
Wipro board also introduced that leader executive officer and executive director Abidali Z Neemuchwala will probably be re-designated as CEO and managing director, whilst Rishad Premji will probably be re-appointed as whole-time director for a period of 5 years with impact from July 31, 2019, to July 30, 2024. Rishad will probably be designated as executive chairman.
"Rishad and Abid will lead this transformation along with all of you," Premji mentioned.
Rishad, he mentioned, has been an integral a part of the management staff since 2007 and has an intimate working out of the company, from operations to technique.
"Rishad will continue to serve on the Board of the Azim Premji Foundation, the philanthropic organisation, which now owns 67 per cent of the economic interest of Wipro Limited. Thus, in his new role, he will also represent the largest stakeholder of Wipro," Premji mentioned.
In a separate message to staff after the company introduced the highest degree changes, Rishad mentioned that long run shines vivid for Wipro whose biggest power is its other people.
"Over the past 53 years, Premji has led and built Wipro from a tiny business in Amalner to this globally successful and admired organisation that we are today. But his contribution and achievements go beyond the success of Wipro. He is among the global pioneers of the IT industry," Rashid mentioned.
Rishad mentioned that his father reshaped the arena of Indian trade, demonstrating that luck can also be accomplished with unflinching dedication to integrity.
"As he retires, leaving this great legacy in our hands – there is only one way to thank him and express our gratitude – we must continually take Wipro to newer heights. We must chart new paths and win new frontiers, while consolidating our strongholds...," Rishad mentioned.
Premji will move over the baton to his son Rishad in July-end after leading the fee on the company for over five many years.
He will, however, continue to serve on the board as a non-executive director for 5 years till July 2024 and has also been conferred the identify of founder chairman. Rishad, is recently leader technique officer and a board member of Wipro.
In a message to staff, Premji exuded self belief that Wipro will continually turn out to be to scale new heights as the arena changes however stay firmly committed to its values.
"I am confident that the future of Wipro will far outshine anything that we have done before," he mentioned including that Rishad dropped at the position new tactics of thinking, revel in, and competence that would lead Wipro to bigger heights.
Wipro board also introduced that leader executive officer and executive director Abidali Z Neemuchwala will probably be re-designated as CEO and managing director, whilst Rishad Premji will probably be re-appointed as whole-time director for a period of 5 years with impact from July 31, 2019, to July 30, 2024. Rishad will probably be designated as executive chairman.
"Rishad and Abid will lead this transformation along with all of you," Premji mentioned.
Rishad, he mentioned, has been an integral a part of the management staff since 2007 and has an intimate working out of the company, from operations to technique.
"Rishad will continue to serve on the Board of the Azim Premji Foundation, the philanthropic organisation, which now owns 67 per cent of the economic interest of Wipro Limited. Thus, in his new role, he will also represent the largest stakeholder of Wipro," Premji mentioned.
In a separate message to staff after the company introduced the highest degree changes, Rishad mentioned that long run shines vivid for Wipro whose biggest power is its other people.
"Over the past 53 years, Premji has led and built Wipro from a tiny business in Amalner to this globally successful and admired organisation that we are today. But his contribution and achievements go beyond the success of Wipro. He is among the global pioneers of the IT industry," Rashid mentioned.
Rishad mentioned that his father reshaped the arena of Indian trade, demonstrating that luck can also be accomplished with unflinching dedication to integrity.
"As he retires, leaving this great legacy in our hands – there is only one way to thank him and express our gratitude – we must continually take Wipro to newer heights. We must chart new paths and win new frontiers, while consolidating our strongholds...," Rishad mentioned.
Rishad will lead Wipro to greater heights: Azim Premji to staff
![Rishad will lead Wipro to greater heights: Azim Premji to staff]()
Reviewed by Kailash
on
June 07, 2019
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