Appointing Neemuchwala is seen as a big shift for Wipro.
Neemuchwala will be a big asset when it comes to setting things right.
Wipro has once again chosen to bet on an insider who has grown through the ranks to lead the company. Srini Pallia has spent over three-decades at Wipro and it's the only company he has ever worked with. Till now, Pallia was heading the Americas-1 unit.
Abid Ali Neemuchwala, its vice-president and global head of BPO Services, said these deals, along with its end-to-end BPO services offering, will help it attain a compounded annual growth rate of 45-50 per cent, to touch its target of $3 billion in the next five years. The BPO unit had a revenue of $415 million (around Rs 2,033 crore) last year.
Wipro hires former TCS veteran as Group Prez & COO.
Abid ali Neemuchwala's ambitious plans for Wipro.
Rishad joined the company in June 2007.
Under Neemuchwala's digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik.
If I focus on today, I will have to give up the future, says T K Kurien.
IT majr Wipro needs stability at the top deck, say industry watchers.
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