Nitin Seth named Flipkart’s new chief people officer
- GST rate structure needs complete overhauling: Hasmukh Adhia
- Emaar India plans to raise Rs500 crore by March 2018
- Banking sector stares at additional Rs40,000 crore NPAs
- MFs pump $12 billion in equities, outshine FPIs’ investment
- Calcutta Stock Exchange seeks Sebi nod for setting up clearing corporation
Mumbai: Online marketplace Flipkart said on Wednesday that it had appointed Nitin Seth as the chief people officer (CPO).
Seth will lead the human resource function and will report to Binny Bansal, CEO & co-founder of Flipkart. The company has hired a new CPO after Meken Maheshwari, one of the founding members of Flipkart, quit almost a year back.
Prior to joining Flipkart, Seth served as managing director and country head of asset management company Fidelity International in India. He has over 20 years of experience in entrepreneurship, strategy, consulting, operations management and business process redesign.
At Fidelity, he was responsible for the company’s offshore operations across India and Tunisia. Prior to that he worked with McKinsey & Co. and also founded ActiveKarma Ventures, a technology solutions company, in 2000.
“Nitin brings with him a unique mix of cross sectoral experience, deep understanding of business, entrepreneurial DNA and a long track record of building and nurturing winning teams. I am confident that Nitin will play a key role in enabling the team at Flipkart to fulfill our long term mission of transforming commerce in India through technology,” Bansal said in a statement.