Wipro Limited has announced the launch of a dedicated AI-Native Business & Platforms Unit alongside significant senior management changes, effective April 1, 2026. The technology services company filed the disclosure under Regulation 30 of SEBI regulations, outlining strategic organizational restructuring to strengthen its position in artificial intelligence and platform-based business models.

AI-Native Business Unit Launch

The newly established AI-Native Business & Platforms Unit represents Wipro's strategic pivot to complement its core services business and drive next-phase growth. With targeted investments and a distinct operating model, the unit will accelerate development of enterprise-grade agentic AI solutions and enhance outcome-based value creation through an invest-build-partner approach.

The business unit will integrate Wipro Intelligence's platform assets, including industry-specific platforms such as NetOxygen for AI-powered lending, CROAMIS for integrated aviation cargo operations, IHS and HPS healthcare platforms, Enterprise Telco AI, and delivery platforms including WINGS and WEGA.

Key Leadership Appointments

The management restructuring involves strategic role transitions and new appointments across critical business units, demonstrating Wipro's focus on strengthening its AI capabilities while ensuring continuity in technology services operations.

Strategic Role Realignment

Nagendra Bandaru, previously President and Managing Partner of Technology Services Global Business Lines, transitions to Chief Executive Officer of the AI-Native Business & Platforms Unit. Bandaru will continue reporting to CEO and Managing Director Srini Pallia and remain classified as Senior Managerial Personnel. His appointment leverages nearly three decades of experience building high-performing businesses and scaling innovative platforms.

Kanwar Singh joins Wipro as President and Managing Partner of Technology Services GBLs, bringing over 30 years of technology leadership experience. Singh's expertise spans retail, consumer packaged goods, manufacturing, and travel & transportation industries, with solid functional expertise in digital interventions, solution architecture, automation, and global delivery management. His previous experience includes 19 years with Accenture, leading global technology delivery and Americas business support, along with a Bachelor of Engineering in Electronics & Communications from IIT Roorkee.

Executive Transition

Suzanne Dann will step down from her position as Chief Executive Officer for Americas-2 Strategic Market Unit effective May 3, 2026. In her resignation letter dated April 1, 2026, Dann expressed gratitude for her five-year tenure at Wipro and indicated her decision to pursue opportunities outside the company, resulting in her ceasing to be Senior Managerial Personnel.

Strategic Vision and Market Position

According to Srini Pallia, Chief Executive Officer and Managing Director, the strategic pivot sharpens Wipro Intelligence's ability to deliver tangible value to clients and drive stronger business outcomes. The initiative positions Wipro to build and scale AI-led platforms at unprecedented speed while unlocking new growth opportunities through deepened capabilities across data, workflows, decision engines, and infrastructure.

The company has fulfilled its disclosure obligations under SEBI regulations, providing detailed information about the management changes to BSE Limited, National Stock Exchange of India Limited, and NYSE, with the announcement signed by M Sanaulla Khan, Company Secretary.

Wipro Limited has officially announced the retirement of two Independent Directors from its Board of Directors through a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The IT services major communicated this significant governance change to all stock exchanges where its shares are listed, including BSE Limited, National Stock Exchange of India Limited, and NYSE New York.

Directors Retirement Details

Dr. Patrick J. Ennis (DIN: 07463299) and Mr. Patrick Dupuis (DIN: 07480046), both Independent Directors, will retire from Wipro's Board of Directors with effect from close of business hours on March 31, 2026. The retirement follows the completion of their tenure under Section 149(11) of the Companies Act, 2013.

Board Committee Restructuring

Following the retirement of the two Independent Directors, Wipro has announced the re-constitution of key Board Committees effective April 1, 2026. The restructuring affects two major committees responsible for governance and stakeholder relations.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee, which also acts as the Corporate Social Responsibility Committee, will have the following composition:

Administrative and Shareholders/Investors Grievance Committee

The Administrative and Shareholders/Investors Grievance Committee (Stakeholders Relationship Committee) will be reconstituted as follows:

Regulatory Compliance and Documentation

Wipro has ensured full compliance with regulatory requirements by providing detailed disclosures as mandated under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official communication was signed by M Sanaulla Khan, Company Secretary, and filed on March 31, 2026, ensuring timely disclosure to investors and stakeholders.

The company has provided comprehensive details in Annexure-A as required under SEBI regulations, including the reason for change, cessation dates, and other mandatory disclosures. This governance transition demonstrates Wipro's commitment to maintaining transparent corporate governance practices and regulatory compliance across all its listed exchanges.