Billionaires in the Making
Rishad Premji:
The new strategy boss of Wipro, Rishad Premji is facing tough times in the company. The task of figuring out what is there in his dad’s mind (Azim Premji) and unifying it with the other two joint CEOs he informs will be a major challenge for him. The Harvard Business School graduate also served blue chip firms like GE capital and Bain and Co. Rishad must come out with new ideas in business to improve the revenue of Wipro and to survive against their competitors without giving up the margins. His present performance will decide his future in Wipro as a successor of Azim Premji after his retirement. The present role of Rishad will give him a whole idea of company’s nature of work, administration and regulation and the total idea about the IT business. Wipro makes 90 percent of the profits and make the company worth $17 billion. Rishad is a very down to earth person and has a firmness of an MNC executive. He maintains a very low profile and loves to spend time with his family.