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Flipkart Group fashion unit chief says to continue in role
The chief of Flipkart Group’s Myntra-Jabong said on Friday he will continue to lead operations at the fashion unit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.
Bengaluru
“I’m very excited about Myntra,” Ananth Narayanan, chief executive of Myntra-Jabong told Reuters in an interview after Indian media reports that he was likely to quit after he was made to report into Kalyan Krishnamurthy, Flipkart’s CEO and effectively the new group head.
Flipkart Group CEO Binny Bansal resigned earlier this week following allegations of sexual assault that dates back to a few years.
Walmart Inc bought a roughly 77 percent stake in Flipkart in May for $16 billion.
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