Wipro appoints Aparna C Iyer as Chief Financial Officer

IT services major Wipro Limited has appointed Aparna C Iyer as its Chief Financial Officer. She succeeds Jatin Dalal, who has stepped down his position to pursue other opportunities.

Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board, the company said in a statement.

“Aparna is an accomplished and results-driven leader. Throughout her 20-year career with Wipro, she has been a dynamic, forward-thinking strategic partner to our business leaders,” said Delaporte, Chief Executive Officer and Managing Director, Wipro Limited.

“Aparna has been integral to our finance transformation over the last few years, playing a key role in our financial strategy and planning, investment programs, and transformation initiatives. Her commitment to creating lasting value, expertise across the full spectrum of finance operations, and her experience in working with a range of stakeholders will be instrumental in achieving our financial objectives."

"I also want to thank Jatin for his contributions to Wipro over his tenure and wish him the best in his future endeavors,” he added.

Dalal joined Wipro in 2002 and became president and CFO in 2015. He will leave the company on November 30.

Aparna has been with the IT firm since April 2003. Working for over 20 years with the company, she has held several finance roles, including Internal Audit, Business Finance, Finance Planning and Analysis, Corporate Treasury and Investor Relations, and, most recently, Senior Vice President and CFO of Wipro FullStride Cloud. Aparna has expertise in financial risk management, capital allocation, fund raising, driving business strategy and growth.

“I am thrilled to take on the role of CFO at this important juncture for Wipro,” said Aparna. “As we continue our transformation journey, I look forward to working with Thierry, our finance team and the entire organisation to build on our successes, drive sustainable growth, and create value for our stakeholders.”

In July this year, the company reported a 12% rise in net profit for the first quarter of FY24, even as it registered weak revenue growth during this period and signaled a downcast demand environment.

The net profit for the first quarter stood at Rs 2,870 crore while the gross revenue during this period came in at Rs 22,830 crore which was a 6% year-on-year growth.