Bangalore, July 22, 2015: Ananth Narayanan is to come in as Chief Executive Officer at India’s leading m-commerce platform for fashion and lifestyle, Myntra ( a part of FlipKart).
Current CEO and Co-Founder of Myntra, Mukesh Bansal, will assume the position of the Chairman of the Board.
Ananth received his B. E from University of Madras in Engineering and his Masters from the University of Michigan, in Industrial Engineering and Operations Research. He is on the Industry Advisory Board of University of Michigan’s Tauber Institute.
Ananth Narayanan is a Director at Mckinsey& Company and has worked with the firm for 15 years across four offices (Chicago, Shanghai, Taipei and Chennai). He will start working at Myntra from October 1, 2015
Says Sachin Bansal, Flipkart Co-Founder and CEO: “As a group, we have huge aspirations for Myntra to lead the consumer experience in fashion and lifestyle space. I am delighted to welcome Ananth to Myntra and am quite sure that he will be able take the company to the next level by tapping possibilities never seen before in the industry.”
Adds Mukesh Bansal: “Ananth will be a great leader to drive Myntra's aspiration to transform how people shop for fashion and to build category leading Fashion brands. Ananth joins at a time when Myntra has established a strong leadership in Fashion space and is leading the space in mobile revolution. I am looking forward to work with Ananth to shape the next phase in Myntra's evolution."
Says Ananth Narayanan: “I am very excited to be joining the Myntra team. Myntra is a very unique player in the e-commerce space and I feel privileged to be able to work with both Myntra and the Flipkart teams to jointly shape the next S curve for Myntra."