Saturday 19 April 2014

Azim Hashim Premji, Chairman of WIPRO




Nationality: Indian 
Date of Birth: 24 July, 1945
Alma mater:  Stanford University (dropped out 1966, completed 1999)
Occupation: Chairman of Wipro
Spouse: Yasmeen
Children: Rishad, Tariq

Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as one of the Indian leaders in the software industry. According to Forbes, he is currently the third wealthiest Indian,
and the 41st richest in the world, with a personal wealth of $15.9 billion in 2012. In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He has twice been listed among the 100 most influential people by TIME Magazine, once in 2004 and more recently in 2011. Premji owns 79 percent of Wipro and also owns a private equity fund, PremjiInvest, which manages his $1 billion personal portfolio.In 2001, he founded Azim Premji Foundation, a non-profit organization, with a vision to significantly contribute to achieving quality universal education that facilitates a just, equitable, humane and sustainable society. The Foundation works in the area of elementary education to pilot and develop 'proofs of concept' that have a potential for systemic change in India's 1.3 million government-run schools. A specific focus is on working in rural areas where the majority of these schools exist. This choice to work with elementary education (Class I to VIII) in rural government-run is a response to evidence of educational attainment in India.
In December 2010, Premji pledged to donate $2 billion for improving school education in India. This has been done by transferring 213 million equity shares of Wipro Ltd, held by a few entities controlled by him, to the Azim Premji Trust. This donation is the largest of its kind in India.
The Azim Premji University was established under an act of the Karnataka Legislative Assembly to run programmes to develop education and development professionals, offer alternative models for educational change and also invest in educational research to continuously stretch the boundaries of educational thinking. Currently the university conducts three degree awarding programmes:
  • Masters in Development,
  • Masters in Education,
  • Masters in Teacher Education

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