IPO-bound Navi Technologies Limited (Navi) has appointed Vidit Aatrey as an unbiased director on its board of administrators. Effective from April 9, 2022, topic to completion of formalities, the appointment is consistent with Navi’s ongoing efforts to strengthen its board, having just lately appointed three different unbiased administrators, specifically, Abhijit Bose, Shripad Nadkarni, and Usha Narayanan.
I welcome Bose, Nadkarni, Narayanan and, most just lately, Aatrey to our board, Sachin Bansal, co-founder, Navi group mentioned. “They each bring a unique perspective and I believe they will add strategic value to the company as we continue to grow. These appointments reinforce our commitment to setting high standards in corporate governance,” he added.
Aatrey is the co-founder and CEO of Meesho. He co-founded Meesho in 2015. While Bose is the pinnacle of India, WhatsApp. Prior to taking up the management function at WhatsApp, he held senior government positions at Oracle, Intuit and was the co-founder of Ezetap. Whereas, Nadkarni is a member of Maverix Platforms. He has a number of a long time of expertise in India’s client, prescription drugs, meals and beverage and consulting industries. In the previous, he has been related to Coca-Cola India and Johnson & Johnson Private Limited for a mixed interval of 16 years and final held the place of vice chairman, advertising. Narayanan, who’s already part of the Navi group as an unbiased director for different group entities corresponding to Navi Finserv Limited, Navi General Insurance Limited and Chaitanya India Fin Credit Private Limited, has greater than 20 years of audit expertise with Lovelock & Lewes Chartered Accountants LLP, a member agency of PricewaterhouseCoopers, the place she was a associate for a interval of 15 years. She can also be a former unbiased director on the board of administrators of Bank of Baroda. She is a chartered accountant (ICAI) and a professional firm secretary (ICSI).
With this appointment, Navi’s Board, which now contains seven members, can have majority illustration from unbiased administrators. The different board members embody Navi’s promoter and co-founder, Sachin Bansal, co-founder, Ankit Agarwal and Anand Sinha, the previous deputy governor of the Reserve Bank of India.
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Source: www.financialexpress.com”