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In yet another resignation in Ola, CPO Susheel Balakrishnan quits the company

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In September, the firm had seen Saikiran Krishnamurthy, senior vice president of growth and Joy Bandekar, corporate president of new initiatives, stepping down from their positions.

In yet another resignation in Ola, CPO Susheel Balakrishnan quits the company
Ride-hailing app Ola's chief people officer (CPO) Susheel Balakrishnan resigned recently after serving for six months in the company, reported VCCircle, an online business news website.
Balakrishnan will be replaced by Srinivas Chunduru, who has been appointed as the interim chief of human resources, a company spokesperson told VCCicle.
"We thanks Susheel for his contributions and wish him the very best in his future endeavours," the company spokesperson was quoted by the website.
Balakrishnan is the third executive to quit Ola in the last three months. In September, the firm had seen Saikiran Krishnamurthy, senior vice president of growth and Joy Bandekar, corporate president of new initiatives, stepping down from their positions. The news was first confirmed by The Times of India.
Krishnamurthy and Bandekar's resignations came after Vishal Kaul, chief of operations resigned in may. Kaul served the firm for a little more than a year. Kaul had said that he was moving on to “another exciting career opportunity” but had declined to disclose the details. He had replaced founding member Pranay Jivrajka after he stepped down in January last year.
Among the other who quit the company in the last one year are Rajiv Bhansal, chief financial officer, Shalabh Seth, chief executive of the cab leasing, Raghuvesh Sarup, its marketing chief and Deep Singh, senior director of operations. Bansal and Sarup had quit just after a year of taking charge even as the firm was locked in an intense battle for leadership with US-based Uber. However, the reason behind the resignations were clear.
(With inputs from PTI)

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