Update: This story has been up to date with Xiaomi’s affirmation that Muralikrishnan B has resigned from the agency, in addition to the chief’s assertion.
Xiaomi India President Muralikrishnan B Exits Firm
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 govt is about to pursue his govt doctorate in administration, with a concentrate on ‘Consumer Behaviour on Technology Platforms’. He will proceed in his position on the agency till the tip of the 12 months, in accordance with Xiaomi.
During his tenure at Xiaomi India, the chief oversaw the expansion of the corporate at a number of ranges — from increasing the agency’s offline retail channels, to partnering with Dixon Technologies to supply 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 discover by the Enforcement Directorate for alleged FEMA violations.
Xiaomi has introduced that Chief Operating 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 keenness that Xiaomi embodies have been central to our journey. I’m immensely happy with what we have now achieved collectively in such a dynamic market. I’m grateful to Xiaomi’s management for his or her steerage, to my friends and workforce 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.