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Wipro announces Management rejig

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Wipro(NYSE:WIT)  has reportedly announced sweeping management changes. As per the latest information, the company has announced  appointment of Senior Vice-President  Shaji Farooq  as the global head of its Banking, Finance Services and Insurance (BFSI) strategic business unit. Shaji, who is currently leading the company's Advanced Technologies Service Line and Go-To-Market transformation initiatives, will take over from Senior Vice-President Soumitro Ghosh, who will now head Wipro Infotech, India and Middle East business. With the growth momentum picking up in the US and European economies, the financial services industry presents significant opportunities. Shaji’s long experience in the BFSI sector in the past will stand him in good stead to shape Wipro’s strategy for this vertical and help seize emerging opportunities. He will continue to be based in New York. A Wipro veteran of 25 years, Soumitro Gh...