Wipro has announced the appointment of Srinivas Pallia as its new Managing Director and CEO, succeeding Thierry Delaporte who has resigned from the post.
The Bengaluru-based IT giant said in a statement that Pallia will be assuming the role of MD and CEO, effective immediately.
“He (Srinivas Pallia) succeeds Thierry Delaporte, who after spearheading a significant transformation at Wipro for the last four years, is stepping down to pursue passions outside the workplace,” Wipro said.
Who is Srinivas Pallia?
Srinivas Pallia is a Wipro veteran, having spent over three decades at the company.
Most recently, he served as the CEO for Americas 1. In this role, he managed various industry sectors, set their goals, and executed plans to expand, leading to higher market shares in those sectors.
Srinivas Pallia also serves on the Wipro Executive Board.
He joined Wipro in 1992 and has held many leadership positions, including President of Wipro’s Consumer Business Unit and Global head of Business Application Services.
Pallia began his career journey at Wipro as a product manager, progressing through different positions, such as President of the Consumer Business Unit and Chief Executive of the RCTG Business Unit.
He holds a Masters of Technology degree from the Indian Institute of Science. Additionally, he completed the Advanced Leadership Program at McGill University and a course in global leadership, strategy, and management at Harvard Business School.
Wipro said in a statement that Srinivas Pallia “brings to the CEO role extensive institutional and industry knowledge, as well as a strong track record of leadership through some of the most significant technological shifts the industry has seen”.
Commenting on his appointment, Srinivas Pallia said, “Wipro is one of those rare companies that combines profit with purpose, and I am truly honoured to have been chosen to lead this iconic institution.”
“I am excited to build on the strong foundation established by Thierry and lead Wipro on its next growth trajectory. I have built my entire career at Wipro, and I have a deep appreciation of our 78-year history and our incredible team of more than 240,000 associates,” he added.
“We have the right strategy, and tremendous people and capabilities throughout the organisation, and I am excited about the opportunities for future growth.”