Wipro said CEO and managing director Abidali Z Neemuchwala has decided to step down from his positions due to family commitments. Neemuchwala, who has been with Wipro since April 2015, will relinquish his responsibilities only after a successor is appointed in order to ensure a smooth transition, said Wipro in a regulatory filing dated January 31.

The board has initiated a search to find a replacement to Neemuchwala. He was appointed MD and CEO in February 2016.

Wipro chairman Rishad Premji said, “Over the last four years, Abid helped build a strong execution mindset, drove key acquisitions and scaled our Digital business globally."

Neemuchwala said, "It has been my honour and privilege to serve Wipro, a company with a rich legacy of almost 75 years. We have made considerable progress in our transformation journey, improved our delivery engine and institutionalised deeper client centricity.”

First Published:Jan 31, 2020 7:34 AM IST