Thierry Delaporte, the Chief Executive Officer of Indian IT giant Wipro, resigned on Saturday, the company said in a statement.
Srini Pallia, who was the CEO for the company’s Americas 1 area, will take over as the new CEO and Managing Director from April 7, the company, which is India’s No 4 IT services firm, said.
“Wipro Limited today announced the appointment of Srini Pallia as the Chief Executive Officer and Managing Director of the Company, effective immediately. He 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,” the company’s statement reads.
Commenting on his appointment, Srini said he is “truly honoured to have been chosen to lead this iconic institution” and “excited to build on the strong foundation established by Thierry and lead Wipro on its next growth trajectory”.
Srini, who joined Wipro in 1992, has held many leadership positions, including President of Wipro’s Consumer Business Unit and Global head of Business Application Services. He is also a member of the Wipro Executive Board.
Delaporte, who took over as the CEO and managing director of Wipro in July 2020, stated, he is “proud of the solid foundation we have laid for Wipro’s future success.”
“In the four years we have worked together, Srini has built a successful business in our largest market of Americas 1 and has become an important strategic partner to our clients. As I pass the torch to Srini, I’m confident he’ll continue our journey,” Delaporte was quoted as saying in the company’s statement.