Wipro Current CEO Abidali Neemuchwala To Step Down

Abidali Neemuchwala the current CEO and Managing Director of the Indian IT giant Wipro has decided to resign from his post citing family commitments. He is appointed CEO of Wipro in February 2016 and worked in the position for 4 years.

abidali neemuchwala wipro ceo resign

The 52 year old Abidali Neemuchwala will remain in the office until a new CEO is appointed. The Board of Directors are in search of a new CEO for the company. Wipro reported these developments in their filing to the stock exchanges.

Wipro share price has increased upto 13% in Abidali Neemuchwala tenure as CEO. He thanked the Wipro founder Azim Premji, Chairman Rishad Premji, Directors, Colleagues and customers for their support.