Flipkart may appoint new group CEO in place of Binny Bansal
Updated : September 24, 2018 08:31 AM IST
Flipkart chief executive officer Kalyan Krishnamurthy is one of the leading candidates for the position, the newspaper said, citing sources.
Flipkart may name a new group CEO, partly because co-founder and current group CEO Binny Bansal is not actively involved in daily operations, the paper reported, adding that Binny Bansal will remain the chairman of the company.
Walmart acquired about 77 percent of Flipkart in May, for nearly $16 billion in what was the US retail giant's largest-ever deal and a move to take on arch rival Amazon in a key growth market.
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