Wipro vice-president resigns
Business

Wipro vice-president resigns

Ankur Prakash, Wipro Ltd’s vice-president, manufacturing strategic business unit and Latin America, has resigned, marking the second senior management exit in as many months at the information technology (IT) company. Its healthcare and life sciences head Mr. Jeffrey Heenan Jalil put in his papers last month.

Wipro has entrusted Mr. Anand Padmanabhan, president and global head of strategic sales and geographies, with additional responsibility of overseeing the Latin American business. Communications head and president Mr. Milan Rao has been asked to oversee manufacturing.

Mr. Prakash, who was vice-president and chief operating officer for Latin America at Tata Consultancy Services Ltd, was one of eight executives from Tata Consultancy Services Ltd, or TCS, to join Wipro after Mr. Abidali Neemuchwala took over as Wipro’s chief operating officer in April 2015. In February 2016, Mr. Neemuchwala was elevated as chief executive officer and executive director.

Wipro’s manufacturing division—which clubs together the services offered to clients in the manufacturing space—posted revenues of $701 million, or 8.7% of its total income of $8.06 billion, in 2017-18.

Under Mr. Neemuchwala’s watch, Wipro’s senior leadership team had not witnessed any major change in management, barring the exit of Mr. Satishchandra Doreswamy, then chief business officer, in March 2016.

Wipro recently appointed Mr. Harmeet Chauhan as the head of its industry and engineering services (IES) division. In April, the company set up IES, which comprises the $564 million product engineering services business, IoT practice and industry 4.0 vertical.

A Wipro spokesperson confirmed the developments. 'Ankur Prakash has resigned from the company after deciding to take a career break.'

'Mr. Harmeet Chauhan has joined as senior vice-president and global head of IES. He comes with over 20 years of experience across products and engineering services, and, until recently, was a member of Aricent’s executive team as president , software and internet. He will report to Mr. Abidali Z. Neemuchwala,” the spokesperson added.