Wipro founder Azim Premji to retire on July 30

IT services major Wipro said on Thursday founder Azim H Premji would retire as executive chairman and managing director (MD) by the end of July and named chief executive officer Abidali Z Neemuchwala as its new MD. Premji's son Rishad, chief strategy officer and a member of the board, will take over as the new executive chairman.

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