Friday, August 8, 2008

RISHAD PREMJI (AZIM PREMJI'S SON)

Rishad Premji
Business manager in banking and financial services vertical - Wipro

Year of Birth & Age:

1975, 31 yrs

Grew up:
In Mumbai
Education:

School: St.Mary’s Cathedral and John Connon School
College: Bachelor’s Degree in Economics from Wesleyan University, Connecticut, USA (1955)
MBA: Harvard Business School (2003)






career graph:

As part of his degree he spent a year at London Stock Exchange.

He was selected for General Electric’s Financial Management Programme in 1999 and worked for four years.

In 2005 he joined Bain & Company’s London office.

Wipro Technologies:

Rishad will be joining the financial services practice of Wipro Technologies and would report to president Girish Paranjpe. He will join after July, since the annual general meeting takes place that month. After getting the shareholders’ nod, the company will have to take government permission.
Sources in Wipro maintain that Rishad will have to work his way through to the top. It is said that Rishad was keen on joining Wipro. Like everyone else, he too had to send in his resume and as luck would have it, he managed to find a placement.

Rishad will join the 70,000-employee-strong software-led conglomerate, which also makes soaps and bulbs, as a business finance solutions manager. Like dad, like son: Lots has been spoken about Rishad's simplicity and his love to remain low key. Sources say his father always wanted him to learn the hard way. In fact, when Rishad was in London, he had asked his father's permission to stay at the Wipro guesthouse. Azim Premji who reportedly said it was company property turned this down.

Personal Information:
Interests: Rishad, like his father, is interested in reading and music. It is said that Rishad reads quite a lot and during his spare time reads quite a lot of books, mostly relating to management. The million-dollar question is whether he will travel economy class like his father. Another aspect of Rishad, which is very similar to his father, is his secular nature. Although a Muslim, a visit to the temple is a must for Rishad too.
Succession: Rishad's father owns nearly 84 per cent of the stake in Wipro and IT pundits feel this move by Premji Senior to rope in his son means that there is a succession plan in place. The post of CFO is number two in the Wipro hierarchy and bringing Rishad into the financial services hints of a succession plan, it is believed. Analysts say like his father he eventually will become the chairman of the company.
Marriage: The tall and handsome Rishad got married to his childhood sweetheart Aditi at a very low-key ceremony in Mumbai in 2005. Considering his father's penchant for remaining low-key, it is learnt that Rishad too was in favour of a low-key wedding. No gala receptions with no celebrity list, the wedding at the Taj Palace, Mumbai, was a very quiet family affair.
Although nothing much is known about Rishad's tall and attractive wife, it is said that she also belongs to the no-nonsense clan. It is said she would fit the bill of an ideal Wipro bahurani as her non-nonsense attitude will be an asset in the business world.
Family: Rishad is the son of Azim and Yasmeen. His younger brother Tariq, who is currently with the Azim Premji Foundation, is more of a friend. Rishad is basically a family man and any spare time is exclusively reserved for family. Like most Indian men he is closer to his mother and looks up to his father who he considers as his icon.

1 comment:

Unknown said...

He is my boss his details are incorrect . plse don give false facts