NEW DELHI: Wipro founder
Azim Premji on Thursday announced that he is going to step down as the company head on July 30. Premji, who turns 74 next month, will retire as executive chairman upon the completion of his current term, after having led the company for 53 years, Wipro said in a statement.
Premji, India’s second richest man and well-known philanthropist, has led Wipro’s evolution from a vegetable oil company founded in 1946 into a global IT firm.
“It has been a long and satisfying journey for me. As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji, who had been at the helm for more than 50 years, said in a statement.
Here's the complete text of Azim Premji's letter to Wipro employees: