Wipro appoints Deepak M Satwalekar to its Board of Directors

Bengaluru: IT service major WiproNSE 6.75 % Limited on Friday announced the appointment of financial services professional Deepak M Satwalekar to its Board of Directors for five years effective July 1, subject to the approval of the shareholders. He will serve as an Independent Director on the board and will bring a wealth of experience to Wipro having spent over four decades in the financial services industry and as an advisor and Board member of companies from diverse industries, the Bengaluru-headquartered company said in a statement.

Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.

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