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Wipro MD & CEO Abidali Neemuchwala steps down

Jan 31, 2020 14:08 IST

Abidali Neemuchwala, the Chief Executive of global software major Wipro, has resigned due to family commitments, but will continue as the CEO & MD until the board finds a successor, the company said on Friday. The company has not specified any time frame to find the successor. Neemuchwala joined Wipro from TCS in April 2015 as Group President and COO. He was elevated to CEO in February 2016. Neemuchwala’s term at Wipro was due to end on Jan 31, 2021. Shares of Wipro fell 1.5% on BSE to 237.20 on Friday after the news broke out.