Team Management Shuffle- Myntra hires new CMO, BluFin appoints Chairman
Top management is key for any company, be it a growth stage startup or a full fledged corporate. Hiring the correct people at the top is very crucial for building a culture within the team. Emanating from the founder/co-founders, the top management plays a key role in channeling this spirit further. There have been two such developments:
1) Myntra has announced the appointment of Vikas Ahuja as the Chief Marketing Officer (CMO) who will be responsible for the sales and marketing functions and driving the overall brand strategy at Myntra. Mukesh Bansal, CEO & Co-Founder, Myntra said, "Vikas has an excellent track record of building and scaling businesses, and we are truly convinced, with his strong leadership qualities, Vikas will be a tremendous asset in helping us shape and create the next phase in our evolution."
With over 18 years of sales and marketing experience, Vikas has held various leadership roles and in his last role as Country Business Manager at Nestle, he was responsible for setting up new businesses.
Read our older interview with Mukesh here and have a look at Myntra's workplace here:
2) Blufin has appointed Sanjay Sachdev as the Chairman
BluFin is a financial information and content company, providing timely and relevant information to retail and institutional investors on the Indian economy and financial markets. The company has announced the appointment of Sanjay Sachdev as its Chairman.
With over 25 years of experience in the field of private equity and fund management, Sanjay, in his new role, would be lending his expertise in giving the company a strategic direction to chart in its next phase of evolution. Ex- Boston analytics co-founder Rashi Bilimoria is the founder and CEO of BluFin.
We've seen shuffles in the top management, co-founders splits and all such changes in team dynamics in the recent past in the Indian startup space. Here are a couple of articles which will give a deeper understanding of how things work: