Ecommerce main Flipkart on Friday promoted Ravi Iyer, Senior Vice President-Company Enterprise unit because the finance chief of its ecommerce arm, a supply conscious of the event informed YourStory.
The event was first reported by MoneyControl, citing an inside memo by Flipkart Group CFO Sriram Venkataraman.
In line with the report, Iyer would tackle CFO duties on prime of his present obligations of company improvement, group finance planning and evaluation, investor relations, and the CEO’s workplace.
Iyer will likely be reporting to Venkataraman, who has now moved because the CFO of the Flipkart Group, the bigger entity behind Flipkart, Myntra, and ClearTrip.
Iyer’s appointment can be efficient instantly, with Kannan Ganesan, VP, Enterprise Finance Head; Amit Sood, Enterprise Finance Head of eKart; and Ashish Surana, Lead – FP&A, Flipkart reporting to Iyer.
Iyer, who has spent over 11 years on the Walmart-backed ecommerce participant, labored at ITC for over 12 years. Iyer’s boss Venkataraman, who has spent nearly a decade on the firm, was at Hindustan Unilever for over 11 years leaving because the FMCG large’s Normal Supervisor- Finance.
This comes only a week after Swiggy’s Instamart tapped Flipkart’s Senior Vice President Ankit Jain as SVP of Operations for its fast commerce section.
As per media studies, the Kalyan Krishnamurthy-led firm witnessed a string of exits, together with three vice presidents. Prajakta Kanaglekar, VP of HR (Know-how); Anurag Singhvi, VP, head of analytics; and Ganesh Ramaswamy, VP (Flipkart) and CPTO, Cleartrip have resigned and are set to maneuver out.
