Is Rishad Premji Joining The Wipro Group As Its Next CFO?

Is Rishad Premji Joining The Wipro Group As Its Next CFO?Rumours were rife stating that Rishad Premji would be joining his father’s company Wipro in the coming months. Now, another report is out that suggests that Azmi Premji’s son is going to join daddy’s company soon. He seems to be the preferred choice when it comes to handling financial matters.

Apparently, the current CFO Suresh Senapaty is going to retire in the last quarter of this financial year. With this vacancy Rishad is the right person to fill the CFO’s spot and learn the ropes of the company that is popular for IT services. The move is set for 2016, however some inside sources said that Rishad might take up the board job earlier than predicted.

Rishad did his master from Harvard Business School and BA in economics from Wesleyan University. He is trying to fit in his father’s shoes, who is much grounded and hardly takes a wrong decision. We have seen on numerous occasions that the scions of a big multi-national often fail to take the business to the next level. Will Rishad manage to go the extra mile for the company so fondly created by his father? Going by his education and his previous work experiences at Bain and Co along with GE capital he might do well. But, we will come to know exactly in a few years’ time.