Why Wipro Is Returning to Its Roots with New CEO Srinivas Pallia | In the News

Wipro has a new CEO. Srinivas (Srini) Pallia was named chief executive and managing director with immediate effect on April 6, according to a press release from India’s fourth-biggest IT services company.

Pallia will replace Thierry Delaporte, ending Wipro’s four-year experiment with a foreign CEO. “It is very hard for a non-Indian to run a large Indian firm,” Peter Bendor-Samuel, CEO of Everest Group, says. And the macroeconomic conditions that he had no control over made Delaporte’s job that much harder.

Read more in Forbes India.

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