Walmart-owned e-commerce company, Flipkart, has appointed Sriram Venkataraman as Chief Financial Officer for Flipkart and Myntra, the company said in a statement. This appointment will be effective immediately. In his new role, Venkataraman will be responsible for key finance operations and functions at Flipkart and Myntra, including Tax, Risk Management, and Treasury.
He will also be responsible for Corporate Development at Flipkart, while Procurement, Planning and Analytics and Decision Sciences will continue to report to him, the company said.
“Sriram has consistently demonstrated his expertise managing several diverse functions at Flipkart and is well poised to take on the responsibilities as Flipkart Commerce CFO. I wish both Emily and Sriram the best for their future endeavors,” said Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group. It may be mentioned that Emily McNeal, who held the role of Flipkart Group CFO since September 2018, has decided to return to the US to pursue a career opportunity outside the Walmart Group.
The new CFO will begin reporting to Chris Nicholas, Executive Vice President, and CFO, Walmart International.