MAM
Myntra CMO Harish Narayanan moves on
Mumbai: Fashion marketplace Myntra’s chief marketing officer (CMO) Harish Narayanan has decided to move on from the company. Narayanan’s exit was made official by the company on Sunday.
An experienced marketing official with over 16 years of experience, he led three teams at the fashion marketplace, which included marketing, brand partnerships, and design. Post his exit from Myntra, he will be working in the booming ed-tech space, as per reports.
Narayanan will be with the company till January 2020.
Myntra’s chief financial officer Ramesh Bafna is another top executive who will exit the company in January. The company parent’s Flipkart’s group chief financial officer Sriram Venkatraman will be filling in and will act as Myntra’s interim CFO.
The announcement comes days after Myntra appointed its new CEO Nandita Sinha, effective 1 January 2022. Sinha will join Myntra from group company Flipkart, where, as vice president of customer growth and marketing, she is currently leading the overall charter for marketing.
Brands
Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
