All You Have to know about Flipkart’s new CEO

The arch rivalry between Flipkart and Amazon should see an interesting new twist now with the former’s reins being handed over to the new Chief executive officer or CEO Kalyan Krishnamurthy.  Here are some interesting facts about Flipkart’s new CEO.

About Kalyan Krishnamurthy

He finished his MBA from the Asian Institute of Management in the year 2010. He also did his  Finance studies from the University of Illinois at Urbana- Champaign. This makes him a very qualified personality and just the appropriate one to run Flipkart.  Before   joining Flipkart, he worked at Tiger Global as the managing director.

Kalyan Krishnamurthy was appointed at Flipkart  and is the head of the Category Design Organization. His predecessor was Binny Bansal who is the current group CEO.

 

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Image source: livemint.com

Earlier accomplishments

Kalyan Krishnamurthy led the supply chain finance at Proctor and Gamble. He was also the finance manager of eBay in Asia Pacific. As aforementioned, he has a MBA degree from the Asian  Institute of Management and has worked at reputed companies before, thereby displaying quite an impressive portfolio.  It remains to be seen how he can turn around the profit margin of the reputed e-commerce company but hopes are high for the near future.

Conclusion

The online e-commerce market scenario in India has stiff competition among arch rivals and of late, Flipkart has undergone restructuring to face the new profit margins.  There are also deep concessions in a bid to grab the market share. Binny Bansal is supposed to oversee the company mergers, marketing strategies and acquisitions. It would be interesting to note the developments occurring with Mr. Krishnamurthy being the new CEO.   As in the world of online shopping, Flipkart is a known name and stands a class apart. Hoping the new CEO takes the company far.