Feb 14, 2025 08:15 PM IST
Navi introduced Rajiv Naresh and Abhishek Dwivedi because the CEOs of Navi Applied sciences and Navi Finserv, respectively.
Navi, a fintech startup based by Sachin Bansal, on Friday introduced a serious organisational rejig, which is able to see Bansal step down because the CEO of Navi Applied sciences Restricted and Navi Finserv Restricted, and proceed because the Government Chairman of the Navi Group.
Sachin Bansal (File Picture)
Whereas Rajiv Naresh is the brand new chief of Navi Applied sciences, Abhishek Dwivedi will helm Navi Finserv, the corporate mentioned.
“Both Rajiv and Abhishek are part of the early founding team of the organization and have held various leadership roles within the Navi Group over the past six years,” an organization assertion learn.
The assertion described the restructuring as a ‘proactive strategy aimed at scaling operations and focusing on long-term growth.’
Sachin Bansal, it added, will focus on the ‘long-term strategic vision,’ and discover enlargement alternatives, steer fund-raising and M&A (mergers and acquisitions) efforts, and improve compliance and danger administration throughout the group.
‘Restructuring is a strategic milestone’
Bansal referred to as the restructuring a ‘strategic milestone’ for the Navi Group.
“It enables us to sharpen our focus on long-term growth. Both Rajiv and Abhishek have played key roles in our growth and I am confident that we will continue on this upward trajectory as they assume their new roles,” the discharge quoted Bansal as saying.
“Holding the position of Executive Chairman also allows me to dedicate my efforts to guiding the overall vision of Navi Group, while Rajiv and Abhishek will lead their respective businesses with a continued comitment to innovation and excellence,” he added.
Sachin Bansal based Flipkart with Binny Bansal (no relation) in 2007, however exited the e-commerce big forward of its 2018 acquisition by Walmart. Months later, he based Navi.
Beneficial Subjects Information / Enterprise / Sachin Bansal resigns as Navi CEO, to proceed as govt chairman
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