IT Giant Wipro Announces Promotions For Over 30 Senior Executives Across Various Departments
Wipro Promotions: India’s fourth-largest IT service company, led by Azim Premji, has promoted 30 employees to various leadership roles. Wipro has elevated six employees to senior vice president (SVP) roles and 25 others to vice president (VP) roles, as informed to its employees through an internal memo.
Key Promotions
Among those promoted include Wipro’s chief delivery officer Ajit Mahale, healthcare portfolio leader Anuj Kumar, Canada country head Kim Watson, Europe cloud sales head Srinivasaa HG, Satish Y, head of its cloud arm FullStride Cloud Services’ strategy and execution unit, and consulting unit Capco’s chief financial officer Benjamin Simon.
A company spokesperson confirmed the development with the Economic Times, stating, “These promotions are part of Wipro’s ongoing commitment to developing strong internal leaders who are critical in driving our strategy forward.”
Recent Exits
The Bengaluru-based company has witnessed more than 10 senior-level exits over the past year. This includes Mohd Haque, then SVP and head of healthcare and medical devices for the Americas, Ashish Saxena, SVP and head of the manufacturing and hi-tech business unit, and former CFO Jatin Dalal, who quit in November to join global rival Cognizant. Most recently, Wipro’s chief growth officer Stephanie Trautman quit while its digital and cloud head Barath Narayanan resigned to join mid-sized peer Persistent Systems.
In its previous promotion cycle in January 2023, Wipro had elevated 73 employees to SVP (12) and VP (61) roles.
IT companies are expected to give average salary increases of 8.4 per cent-9.0 per cent this year, similar to 8.5 per cent-9.1 per cent average increases handed out in 2023.
