Xiaomi India President Muralikrishnan B has resigned from his position on the agency, the corporate introduced on Tuesday. The chief joined the corporate in 2018, and was elevated to the position of president in 2022. He oversaw the expansion of the Chinese language smartphone maker’s Indian subsidiary over the previous few years, regardless of a quick setback a few years in the past, when the corporate confronted scrutiny from authorities companies over alleged unlawful remittances. After his exit, he’ll proceed to work with the agency as an unbiased strategic advisor.
Replace: This story has been up to date with Xiaomi’s affirmation that Muralikrishnan B has resigned from the agency, in addition to the manager’s assertion.
Xiaomi India President Muralikrishnan B Exits Agency
In a press release issued on Tuesday, Xiaomi India introduced that Muralikrishnan B has stepped down from his position on the firm, for private causes. The chief is ready to pursue his government doctorate in administration, with a give attention to ‘Shopper Behaviour on Know-how Platforms’. He’ll proceed in his position on the agency till the top of the yr, based on Xiaomi.
Sudhin Mathur (COO), Varun Madan (CPO), Muralikrishnan B, Anuj Sharma (CMO), and Sameer Rao (CFO)
Photograph Credit score: Xiaomi India
Throughout his tenure at Xiaomi India, the manager oversaw the expansion of the corporate at a number of ranges — from expanding the agency’s offline retail channels, to partnering with Dixon Applied sciences to provide its smartphones within the nation in 2023.
He was additionally on the helm when Xiaomi India confronted intense scrutiny from authorities companies in 2022, over alleged unlawful royalty funds. In June 2023, the corporate’s officers and three banks in India had been served a show-cause notice by the Enforcement Directorate for alleged FEMA violations.
Xiaomi has introduced that Chief Working Officer Sudhin Mathur (former Managing Director at Motorola, Lenovo) will information key features in India, together with different executives corresponding to CFO Sameer Rao, CPO Varun Madan, and CMO Anuj Sharma.
“My expertise at Xiaomi India has been one of the fulfilling chapters of my profession. The values of sincerity and fervour that Xiaomi embodies have been central to our journey. I’m immensely happy with what we’ve got completed collectively in such a dynamic market. I’m grateful to Xiaomi’s management for his or her steerage, to my friends and group members for his or her assist, and to our companions and Xiaomi followers who’ve been integral to our success,” Muralikrishnan B mentioned in a ready assertion.
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