Indian IT services company Wipro has announced the resignation of its Chief Financial Officer (CFO), Jatin Dalal, after a dedicated tenure exceeding two decades with the company. Jatin Dalal will be succeeded by Aparna Iyer, a seasoned professional with 20 years of experience within Wipro, who most recently held the position of Senior Vice President and CFO of Wipro’s cloud services unit.
Aparna Iyer is set to assume the role of CFO on September 22, while Jatin Dalal will continue to serve in his position until November 30, as stated by Wipro. Dalal, who took on the role of CFO in 2015, played a significant role alongside CEO Thierry Delaporte in steering Wipro through the challenging pandemic years, during which the demand for digital services witnessed a substantial surge.
In July, Wipro, along with other major players in the industry, expressed concerns regarding delays in deal closures, order rampdowns, and cancellations — challenges predominantly attributed to recession worries impacting their key U.S. and European markets. Despite this, financial analysts at Goldman Sachs anticipate a resurgence in the sector’s revenue growth, driven by pent-up demand and the integration of generative artificial intelligence (AI) technology.
Thierry Delaporte, Wipro’s CEO, commended Aparna Iyer’s contributions to the company’s financial transformation over recent years. Delaporte emphasized Iyer’s pivotal role in shaping Wipro’s financial strategy, planning, investment programs, and transformational initiatives.
Aparna Iyer joined Wipro in April 2003. Over her 20 years with Wipro, 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 deep expertise in financial risk management, capital allocation, fund raising, driving business strategy and growth.
Aparna Iyer is a Chartered Accountant (CA) and was a gold medalist of the CA 2002 batch.