Photo: Shutterstock
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Wipro President Rajan Kohli Resigns After Nearly Three Decades: Report
Wipro President Rajan Kohli has resigned after a nearly three-decade career with the IT firm, according to a report in The Times of India (TOI). He was president of Wipro's Integrated Digital, Engineering, and Application Services Business Line (iDEAS), and led a team of over 100,000 employees.
Wipro CEO Thierry Delaporte had conducted a reshuffle when Kohli was elevated to a bigger role. Prior to that, he was president of Wipro Digital, the digital transformation business of the company.
Kohli incubated and scaled the digital transformation business, making it one of the company's most recognised businesses.
In recent months, Wipro has seen several top-level exits. Kohli's departure comes close on the heels Angan Guha's exit. Guha had also spent nearly three decades at Wipro and oversaw a portfolio spanning financial services, manufacturing, energy and utilities, hi-tech, and Canada operations, the newspaper reported.
In the recent past, the company has seen multiple exits at the leadership level, resulting in accelerated promotions of others to these positions. According to the report, Wipro announced a record promotion of 70 senior executives to the ranks of VPs and SVPs in January.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Thu, February 23 2023. 11:15 IST
RECENT NEWS
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more