Flipkart names Kalyan Krishnamurthy as new CEO, Binny Bansal to become group CEO.
On Monday e-commerce major Flipkart brought all its units under an umbrella firm and decided Binny Bansal as Group Chief Executive Officer.
And Kalyan Krishnamurthy will become the CEO of Flipkart. Currently he is heading the Category Design Organisation. will become the CEO of Flipkart. Kalyan will be responsible for operations like driving Flipkart and will be responsible for Flipkarts P&L. Co-founder Sachin Bansal will continue as executive chairman.
They are now ready to build the Flipkart of the future as we continue on our journey of transforming commerce in India through technology. They are confident that this new organisation structure will deliver further value for Flipkarts group,” Flipkart Group CEO Binny said in a statement.
Krishnamurthy joined Flipkarts in June from Tiger Global, which has one of the largest investors in the e-commerce firm.Sameer Nigam as CEO of PhonePe and Ananth Narayanan will continue as CEO of Myntra – Jabong.
Flipkarts, PhonePe and Jabong – Myntra will operate under this structure and their CEOs will report to Binny.
At presently, Nitin Seth is the Chief Administrative officer, will be the COO for Flipkar. Nitin will be responsible Ekart and customer experience in addition to his existing role leading HR, strategy to execution capabilities and corporate functions for Flipkarts.
Ravi Garik will now report the engineering division led to Kalyan Krishnamurthy.
Flipkarts Group is in the process of hiring a General Counsel and Group CFO and both of them will also report to Binny. Saikiran will be moving from his role as Head of Supply Chain to lead the efforts to set up the Group CEO’s office and assist Binny.
Sachin will continue as to be the executive chairman and he is going to work closely with Binny on the new business portfolio of Flipkarts.