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

FSSAI directs online platforms to deliver food items with minimum 45 day shelf life

Maharashtra Elections | PM Modi has eliminated terrorism, Naxalism; Article 370 not coming back: Amit Shah

India successfully test-fires long-range cruise missile

COP29: UN climate chief calls for urgent climate action to counter economic fallout, inflation

Time to make changes in ‘land grabber’ Waqf Board, says Amit Shah at Jharkhand rally

Cong releases manifesto for J’khand polls, promises caste-based census, free power

35 killed, 43 injured as driver hits crowd in Chinese city

Related Articles More

FSSAI directs online platforms to deliver food items with minimum 45 day shelf life

Retail inflation rises to 6.21 pc in Sep amid higher food prices

Sensex, Nifty slump 1 pc amid unabated foreign fund outflows, weak global trends

Integrated Air India-Vistara entity’s first flight takes off from Doha

PHF Leasing Limited Transforms into Credifin

MUST WATCH

Punganur Cow

Rangoli design

Jagadeesh Nagaraj Kudupali Audio Viral

Gho Pooja in Deepavali Festival

Melukote Deepavali


Latest Additions

FSSAI directs online platforms to deliver food items with minimum 45 day shelf life

Maharashtra Elections | PM Modi has eliminated terrorism, Naxalism; Article 370 not coming back: Amit Shah

Ayodhya: Security beefed up around Ram Temple after ‘threat’ by pro-Khalistan leader Pannun

India successfully test-fires long-range cruise missile

Blind T20 WC: Indian team eyes clearance from MHA, MEA; Sports Ministry clears travel to Pakistan

Thanks for visiting Udayavani

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