In a top management rejig, e-commerce firm Flipkart appointed Binny Bansal as the Chief Executive Officer and Sachin Bansal as the Executive Chairman.
In his role as the Executive Chairman, Sachin will provide strategic direction and mentor the senior leadership as also look for new investment opportunities.
While, Binny as the CEO will now be responsible for operationally driving the company and be accountable for Flipkart’s overall performance.
Sachin, who will continue to be the Chairman of the Board, will play an active role in championing the Indian e-commerce sector and building the internet ecosystem and represent the company in external forums.
Mukesh Bansal will continue to be the head of commerce platform and will have additional responsibility of the ads business. He will also continue as the Chairman of Myntra.
Current Affairs: 11th January, 2016 Current Affairs Round up December, 2015.
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