Wipro’s chief business officer Satishchandra Doreswamy steps down

India's third-largest software services provider Wipro Ltd's chief business officer Satishchandra Doreswamy has stepped down to pursue opportunities outside the company, the company said.

The development comes just a fortnight after the Banglore-based company announced a new organisational structure and appointed former TCS business process outsourcing unit head Abid Ali Neemuchwala as chief operating officer (COO) as well as group president.

Before joining Azim Premji-led Wipro in 2011, Doreswamy was working with Tata Consultancy Services as vice president and global head for infrastructure services. Neemuchwala also joined Wipro last month from TCS where he spent almost two-and-a-half decades.

As chief business officer at Wipro, Doreswamy was responsible driving large and strategic transformation deals and inducting next generation tools, processes and practices.

In March this year, Wipro had announced a series of internal changes, including creation of positions of group president and chief operating officer (COO). The position is being seen as a clear number two position in the company after that of the CEO.

The appointment of Neemuchwala also possibly sets a new line of management in place as a potential succession plan after 55-year-old Kurien hangs up his boots. 

Kurian was named CEO of Wipro four years ago after the IT services major scrapped its previous top leadership structure involving two joint CEOs. Kurien had taken over from Girish Paranjpe and Suresh Vaswani.

(Edited by Joby Puthuparampil Johnson)

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