Thierry Delaporte Deepak M Satwaleka
IT services major Wipro on Friday said it has appointed Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective July 6, 2020.
In January this year, the company had said its CEO and Managing Director Abidali Z Neemuchwala had decided to step down from the company. Abidali Neemuchwala will relinquish his position as CEO and MD on June 1.
Rishad Premji will oversee the day-to-day operations of the company until July 5, Wipro said in a statement.
“Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemini Group and a member of its group executive board. During his 25 year career with Capgemini, he held several leadership roles,” it said.
He also oversaw Capgemini’s India operations, and led the group’s transformation agenda, conceptualising and driving several strategic programs across various business units, it added.
“Thierry has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption. We believe that Thierry is the right person to lead Wipro in its next phase of growth,” Rishad Premji, Chairman of Wipro, said.
Delaporte will be based in Paris and will report to Rishad Premji.
“I look forward to working closely with Rishad, the board, senior leadership and the hugely talented employees of Wipro to turn a new chapter of growth and build a better tomorrow for all our stakeholders,” Delaporte said.
Delaporte began his career in 1992 as a Senior Auditor with Arthur Andersen in Paris and London. He is also the co-Founder and President of the not-for-profit Life Project 4 Youth, an organisation dedicated to the professional and social integration of young adults living in impoverished regions.
Deepak M Satwalekar included in Board of Directors
Wipro Limited on Friday announced the appointment of financial services professional Deepak M Satwalekar to its Board of Directors for five years effective July 1, subject to the approval of the shareholders.
He will serve as an Independent Director on the board and will bring a wealth of experience to Wipro having spent over four decades in the financial services industry and as an advisor and Board member of companies from diverse industries, the Bengaluru-headquartered company said in a statement.
Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd.
He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.
Rishad Premji, Chairman, Wipro Limited said: With his deep repository of knowledge spanning across the financial services sector, sharp business acumen, understanding of technology and as a strong votary of the highest standards of corporate governance, his invaluable experience will immensely benefit Wipro.
Satwalekar is a recipient of the Distinguished Alumnus Award from the Indian Institute of Technology (IIT), Bombay and currently the Chairman, Board of Governors of the Indian Institute of Management, Indore, it said.