Father’s footsteps: tempting and not tempting
Rishad Premji, the eldest son of Wipro Chairman Azim Premji, is slated to join the IT bellwether by mid July. He will join as a Business Manager in the BFSI vertical and will report to Girish.S.Paranjpe, the head of Banking, Finance, Securities and Insurance vertical.
Rishad is currently working with a global consultancy firm in Europe. Incidentally, Premji, who still holds about 80 percent of Wipro, joined the company at the age of 21 following his father’s sudden death in 1966. The company was then known as Western India Vegetable Oils Company.
While Rishad seems to be following his father’s footsteps, Satyam founder B Ramalinga Raju has clarified that his sons Teja B Raju and Rama B Raju will not be joining Satyam. “Even if I ask, they will not join. They are running more exciting business,” Raju recently said. His two sons run Maytas Infrastructure and Maytas Properties respectively.
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