Dr. Azim Hashim Premji Born on 24th July 1945. Business tycoon, philanthropist. Chairman of Wipro Limited. According to Forbes, he is the 3rd wealthiest Indian. The 41st richest in the world, with a personal wealth of $15.9 billion in 2012.
Early life and career Wipro dealt in hydrogenated cooking fats later on diversified to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products, and hydraulic cylinders. Thereafter Premji made a focused shift from soaps to software. The Amalner based vanaspathi manufacturing company. The Western India Products later became Wipro Ltd.
In the 1980s Wipro entered the IT field. The exit of IBM from the Indian market in 1975, Wipro started manufacturing computer hardware, software development , under a special license from Sentinel. The $1.5 million company in hydrogenated cooking fats grew within to an over $6 billion diversified. The worlds first to win PCMM Level 5 (People Capability Maturity Model) certification, the latest in quality standards.
He also won the Best Asian Executive - Services Business categoryat the 5th annual Stevie Awards for Women in Business. The Stevie Awards for Women in Business honour womenexecutives, entrepreneurs, and the companies they run worldwide.Wipro won the Indian MAKE Award, 2008.
Personal life Azim Premji married to Yasmeen. They have two childrens namely Rishad & Tariq. Rishad, currently the Chief Strategy Officer of IT Business, Wipro. In 2005 the government of India honored him with the title of Padma Bhushan for his outstanding work in trade and commerce. In 2006, Azim Premji was awarded Lakshya Business Visionary by National Institute of Industrial Engineering, Mumbai. An honorary degree he achieved doctorate of literature, from the Aligarh Muslim University on 18 June 2008 on the occasion of 58th Convocation Ceremony of the University. In 2009, he was awarded an honorary doctorate from Wesleyan University in Middletown. In 2011, he has been awarded Padma Vibhushan.
PHILANTH Wipro Equity Reward TrustR In 1984, Azim Premji established the Wipro EquityO Reward Trust.P The WERT, its administered by a Board of Trustees is designed to give eligible employees the right to receiveY restricted shares and other compensation benefits at the stipulated times and conditions.
FOUNDATION AND UNIVERSITY In 2001, he founded Azim Premji Foundation. A vision to achieve quality universal education. Had a potential for systemic change in Indias 1.3 million government-run schools. In December 2010, Premji pledged to donate $2 billion for improvingschool education in India. Transferring the 213 million equity shares of Wipro Ltd. This donation is the largest of its kind in India.
The Azim Premji University was established under an act of the Karnataka Legislative Assembly. development professionals. offer alternative models. Created a successful education system.
the university conducts three degree awarding programs: Masters in Development. Masters in Education. Masters in Teacher Education.He has emerged as one of the Indian leader in the software industry.