Udayavni Special

Flipkart rejigs leadership team


Team Udayavani, Dec 13, 2018, 12:05 PM IST

New Delhi: Walmart-backed Flipkart has rejigged its senior leadership team, including appointment of Sriram Venkataraman as chief operating officer (COO).

Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy.

As part of the COO charter, he will be responsible for Ekart (logistics vertical), the marketplace and the retail vertical, he added.

“…we are making a few significant changes to the organisational structure, effective immediately. These changes are part of a planned restructuring that will enable agile decision making, while also putting us on the path to developing more independent, yet collaborative teams,” Krishnamurthy said.

The leadership changes announced span marketing, operations, engineering and product, he added.

Among other changes, Amar Nagaram from Flipkart will take over as head of engineering and product at Myntra, under CEO Ananth Narayanan. Also, Ramesh Bafna will take over as Head of Finance at the fashion e-tailer, succeeding Myntra CFO Dipanjan Basu who has “decided to move on”.

“With our new structure and our incredible talent, I am certain we are a step closer to being a future-ready organisation that allows us to deliver maximum, long-term impact for our customers and stakeholders,” Krishnamurthy said.

The development comes within weeks of Flipkart co-founder Binny Bansal stepping down as the group chief executive officer following an independent probe into allegations of “serious personal misconduct”.

Bansal had strongly denied the charges and had said he will continue to remain a large shareholder and board member of the company.

Besides, the e-commerce major has also injected Rs 2,190 crore into its wholesale arm Flipkart India, according to regulatory filing.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Bus services remain crippled as transport employees’ stir enters 12th day

PM Modi should resign owning responsibility for COVID-19 surge: Mamata

BJP only knows to loot, instigate riots and kill people: Mamata Banerjee

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

New modus operandi by fraudsters to withdraw money from ATMs

K’taka CM Yediyurappa in hospital for COVID treatment is stable and recovering

Story of Myntra, the biggest fashion e-commerce platform in India




Related Articles More

Tata Steel, SAIL, AMNS India supplying oxygen for treatment of COVID-19 patients

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

Future Retail lenders approve restructuring of existing debts; plan to be sent to Kamath panel for approval

Mcap of 7 of top-10 valued firms tumble over Rs 1.41 lakh cr

US keeps 11 countries including India, China, Japan in currency practices monitoring list

MUST WATCH

Udayavani 18-April-2021 News Bulletin

SP slaps local vendor for not wearing mask

George Kadiyali | Can We Grow More Food on Less Land?

Udayavani 17-April-2021 News Bulletin

The fear of Covid 2nd Wave!!

Latest Additions

RCB beats KKR by 38 runs

Railways to run ”Oxygen Express” to meet high demand amid surge in COVID-19 cases

BJP seeks FIR against Malik for ”false” charges on Remdesivir supply

Tata Steel, SAIL, AMNS India supplying oxygen for treatment of COVID-19 patients

Bus services remain crippled as transport employees’ stir enters 12th day

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.