Wipro, a leading global information technology, consulting and business process services company today announced that Suresh Senapaty, the current chief financial officer and executive director will retire on attaining the age of superannuation on Mar. 31, 2015 after completing a distinguished career spanning over three decades with the company. Jatin Dalal, senior vice president-finance will take over the role of CFO, effective Apr. 1, 2015.

Acknowledging Suresh Senapaty's contribution, Azim Premji, chairman, Wipro  said, ''Suresh has been an integral part of the company’s think-tank and has played a catalytic role in taking the company to great heights. His exemplary contribution has seen Wipro setting new benchmarks in finance, governance and strategy. He has also emerged as a key industry voice, who has championed several governance and policy issues, pertinent to the IT industry. I personally thank him and his family for his contribution to Wipro and wish him all the very best in his future plans.''

Suresh Senapaty said, ''It has been an exciting, challenging and fulfilling journey for me. Wipro has been an outstanding place to work, learn and grow. Helping build Wipro's finance function and a strong culture of corporate governance apart from being a part of the organization’s growth journey are memories that I cherish. This has been a wonderful journey, personally and professionally. I also wish to express my gratitude to all colleagues and other stake holders for their support over the years and wish Jatin all the very best.''

Shares of the company declined Rs 4.4, or 0.79%, to settle at Rs 555.25. The total volume of shares traded was 126,327 at the BSE (Friday).