Bhanumurthy is new COO of Wipro

A couple of days after naming Abidali Neemuchawala its new chief executive, Wipro, India's third largest information technology company, has made a few changes to its organisation structure. The Bengaluru-headquartered company has elevated company veteran Bhanumurthy B M as its chief operating officer (COO) and president apart from handing over a new role to G K Prasanna, who is presently heading Global Infrastructure Services as president and chief executive.

Bhanumurthy, who joined Wipro in 1992, is presently the president and chief executive of business application services (BAS), the largest business line in the company which accounts for almost a half of its overall revenues. In his new role, all the services lines including BAS, global infrastructure services, product engineering services, analytics, application management services and business process services would report to Bhanumurthy.
 

Under the new structure, Prasanna would head a newly created business unit, marketing, innovations and technology (MIT) as the president. MIT will comprise of the offices of the chief technology officer, chief information officer, marketing, strategic engagements (Advisor Relations and sales enablement functions) among others.

This new unit would focus on non-linear growth engines, products and platform-based services, integrated solutions, research, and new technologies, the company said confirming the developments.

"Both these appointments are effective February 1, 2016. Both Bhanu and GKP (Prasanna) will continue to report to Abidali Z Neemuchwala, who will take over as the Chief Executive Officer and Member of the Board, effective Feb 1," the company said in a statement.

In the current structure, Wipro had four presidents including Anand Padmanabhan and Shaji Farooq apart from Bhanumurthy and Prasanna. Padmanabhan presently heads the Energy, Natural Resources & Utilities vertical as its chief executive while Farooq is the chief executive for banking, financial services and insurance (BFSI) business vertical.

Earlier this week, Wipro had elevated Neemuchwala as the new Chief Executive Officer (CEO) apart from naming current CEO T K Kurien as the Executive Vice Chairman. Both these appointments would be effective from February 1.