New Delhi, May 29 (PTI) Shares of Wipro on Friday jumped nearly 4 per cent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective July 6, 2020.

After a firm opening, scrip of the IT services major further rose 3.73 per cent to Rs 206.75 on BSE. It advanced 3.73 per cent to Rs 206.80 on NSE.

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In January this year, the company had said its CEO and Managing Director Abidali Z Neemuchwala had decided to step down from the position. Abidali Neemuchwala will relinquish his designation as CEO and MD on June 1.

Rishad Premji will oversee the day-to-day operations of the company until July 5, Wipro said in a statement.

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"Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemini Group and a member of its group executive board. During his 25 year career with Capgemini, he held several leadership roles," it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)