Wipro Ltd, India's No 3 software services exporter, on June 13 named Manish Dugar, currently the chief financial officer of its key IT outsourcing business, as the head of its back office operations effective immediately. Dugar will replace Ashutosh Vaidya, who has decided to pursue other interests, Wipro, also listed in New York, said in a statement.
Jatin Dalal will take over as the new chief financial officer of Wipro's IT business, the company said. Dalal was earlier the finance head for energy and utilities, manufacturing and high-tech units and product engineering service.
Wipro reorganised its key IT outsourcing business in February, barely three weeks after it surprised markets by removing the joint chiefs of the business and naming company veteran T.K. Kurien as the new chief executive in an effort to rev up growth.
Wipro's IT business, which develops software applications, integrates IT systems and manages call centres for clients such as Citigroup, Cisco and Credit Suisse, accounts for about three-quarters of its revenue.
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