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Market: Pallia perfect fit for Wipro’s next chapter of growth-profitability

Fiinews by Fiinews
April 8, 2024
in Markets
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Wipro rare companies that combines profit with purpose, says Pallia

Wipro Ltd says Sirin Pallia’s client-centric approach, growth mindset, strong execution focus, and his commitment to Wipro’s values, makes him the perfect fit as tech heavyweight enter the next chapter of growth and profitability.

Stating this, Wipro Chairman Rishad Premji said, “Srini has been with Wipro for over three decades and most recently served as the CEO for Americas 1, Wipro’s biggest and fastest growing strategic market.

“In this role, he oversaw diverse industry sectors, established their vision, and implemented growth strategies, resulting in increased market shares within these sectors. Srini is a member of the Wipro Executive Board.”

Wipro has appointed 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.

Pallia will be based in New Jersey and report to Premji.

“I’d like to express my gratitude to Thierry for his leadership at Wipro. The changes he implemented have better positioned us for the future.

“We have optimized our structure, enhanced our leadership, prioritized partnerships, and improved our overall efficiency. This provides a strong foundation for Srini to effectively build upon,” said Premji.

Commenting on his appointment, Pallia said on 6 April, “Wipro is one of those rare companies that combines profit with purpose.

“We have the right strategy, and tremendous people and capabilities throughout the organization, and I am excited about the opportunities for future growth,” he said of Wipro, a 78-year history of incredible team of more than 240,000 associates.

He takes over from Thierry Delaporte, who underlined, Wipro’s market of Americas 1 where it has become an important strategic partner to clients.

Pallia 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. Fiinews.com

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