Premji’s son Rishad joins Wipro board

Mangalore Today News Network

Bengaluru, April 22, 2015, DHNS: IT major Wipro on Tuesday announced the appointment of Rishad Premji, the elder son of chairman Azim Premji, to its board of directors with effect from May 1.

Rishad, who is currently the chief strategy officer, has played a critical role in defining the company’s strategy and driving its mergers and acquisitions function.

In 2014, he spearheaded the setting up of Wipro Ventures, a $100-million fund focused on investing in new age start-ups building cutting edge technologies, a company release said.

Premji will continue to be the executive chairman of the company, Wipro said. Before joining Wipro in 2007, the Harvard Business School grad had stints with Bain & Company and GE Capital.