WIPRONSEWipro Limited· Computers - SoftwareMediumNeutral
Announced Wed, 1 Apr · 17:46 IST

Wipro Limited has informed the Exchange regarding Appointment of Mr Kanwar Singh as President and Managing Partner of Technology Services GBLs of the company w.e.f. April 01, 2026.

Ceo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹191.10
prior close
₹190.50
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AI summary

Wipro has announced three senior management changes effective April 1, 2026. Mr. Nagendra Bandaru, previously President and Managing Partner of Technology Services Global Business Lines (GBLs), is being moved into a new role as CEO of the AI-Native Business & Platforms Unit. Mr. Kanwar Singh, a 30-year technology veteran who spent 19 years at Accenture before joining Wipro, will take over as President and Managing Partner of Technology Services GBLs. Separately, Ms. Suzanne Dann is stepping down as CEO of the Americas-2 Strategic Market Unit to pursue an outside opportunity, with her last day set for May 3, 2026. All three are/were classified as Senior Managerial Personnel (SMPs) of the company.

Likely market impact

These changes reflect a planned internal restructuring rather than a surprise, with an IIT-Roorkee alumnus and Accenture veteran taking a key revenue-line role and a new AI-focused business unit being created. Shareholders may view the orderly transition positively, though the exit of a regional CEO could create short-term uncertainty in the Americas-2 market unit until a replacement is named.