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From Facebook to Uber, these are the new industry appointments for country’s top corporate honchos.
These appointments have shocked quite a few in the country.
Most of the hires have been made to turn around the fates of the companies and make inroads into the Indian digital market.
The Indian digital space has been booming at a fast rate and the past two years have seen a big rejig in the top management of all the big offices.
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From Facebook to Uber, every other company making major inroads into the Indian digital market has seen a new person take charge. These hires have mostly been from within the Indian industry, bringing on board expertise to scale the companies.
Here’s a look at the top juggle in the past year. Many of these moves came as a shock but were largely welcomed.
Aditya Ghosh: From flying at Indigo to parking a room at Oyo
Aditya Ghosh went from being the president of Indigo Airlines to the CEO of South Asia operations of the fast-expanding Oyo Rooms. Ghosh led the airlines for a decade and then quit in 2018, after a few tense months. Under his leadership, Indigo airlines reported a 56% rise in profits in January, 2018. At Oyo, Ghosh is now leading the international expansion of the hospitality startup and aims to make it the world’s biggest hotel chain.
Ajit Mohan: Now posting at Facebook India
The former head of the Star-run OTT platform Hotstar, Ajit Mohan is now leading Facebook India. The appointment, done in September 2018, made news as the position had been lying vacant for a year. Facebook India has been ramping up its operations as the country is a big market for the company with over 300 million users.
Abhijit Bose: Securing WhatsApp
Abhijit Bose, founder and former CEO of Ezetap, took a major position into his hands by landing the role of WhatsApp India head. WhatsApp’s Gurgaon space is the company’s first office out of its California-headquarters and Bose has many difficult tasks in his hands – to fight the growing fake news and also launch WhatsApp pay, which has been multiple hurdles since its beta launch in 2017.
Kirthiga Reddy: Heading SoftBank’s $100 billion Vision Fund
Kirthiga Reddy was heading Facebook India as its MD and CEO and stepped down from the position in February 2016. Two years later, in December 2018 she took charge of SoftBank’s $100 billion Vision Fund becoming the first woman to do so.
Ananth Narayanan: Starring in Hotstar Soon?
Flipkart has seen a major shuffle in its top management with both the founders – Sachin Bansal and Binny Bansal – quitting the company and Kalyan Krishnamurthy reigning supreme. Soon after that, rumours did the rounds about Ananth Narayanan, Myntra and Jabong CEO, wanting to resign because of his misalignment with Krishnamurthy. While Narayanan has gone on to officially resign from the post, rumours are now rife about him taking over Ajit Mohan as the Hotstar India head.