News: Three independent directors of Wipro to leave the company

Strategic HR

Three independent directors of Wipro to leave the company

Wipro on Thursday said three of its 10 independent directors will be leaving the company, a move that will help country’s third-largest software exporter align with the new regulations and also appoint fresh faces. BC Prabhakar and Shyam Saran would not seek re-election at the time of company’s annual general meeting on July 23, while the third independent Dr Henning Kagermann would leave the board on June 30. “I wish to thank BC Prabhakar, Shyam Saran and Dr Henning Kagermann for their invaluable contribution to Wipro over the years. The company has immensely benefited from their deep insights and vast experience. I wish them all success in their future endeavours,” said Azim Premji, Chairman, Wipro Ltd.

Wipro on Thursday said three of its 10 independent directors will be leaving the company, a move that will help country’s third-largest software exporter align with the new regulations and also appoint fresh faces. BC Prabhakar and Shyam Saran would not seek re-election at the time of company’s annual general meeting on July 23, while the third independent Dr Henning Kagermann would leave the board on June 30. “I wish to thank BC Prabhakar, Shyam Saran and Dr Henning Kagermann for their invaluable contribution to Wipro over the years. The company has immensely benefited from their deep insights and vast experience. I wish them all success in their future endeavours,” said Azim Premji, Chairman, Wipro Ltd.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #Corporate

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