Nitin Seth, chief operating officer at Flipkart, has recently filed in his resignation letter to the authorities. He was one of the top ranked executives at Flipkart and was heading the logistics arm of Flipkart. Along with Ekart, he was also responsible for overseeing strategy and human resource departments at the bigger e-retailer of the country.
The news has not come out officially yet, however, ET reported the development citing some of the sources familiar. He has cited personal reasons for the move.
The resignation of Nitin Seth becomes even more important because after him leaving the company, Kalyan Krishnamurthy will be responsible for all the key functions within the company. Kalyan Krishnamurthy is a representative of Tiger Global investment firm, who held a board position for a while, before taking over as the CEO of Flipkart earlier this year. He had taken over the HR department last week and the latest move has given him control of all the key departments within Flipkart.
Nitin Seth, after joining Flipkart in February 2016, has had a roller-coaster ride within the organisation. He started his journey as chief people’s officer and grew within Flipkart rankings. Flipkart has seen some major restructuring in the last few quarters and that made Nitin Seth enjoy positions like chief people’s officer and chief administrative officer. After taking over as CAO in mid of 2016, Nitin Seth was responsible for strategy and corporate function. He was once again promoted to become COO in January this year, the same time when Kalyan Krishnamurthy took over as CEO of Flipkart and Flipkart co-founder Binny Bansal was promoted as group CEO.
Nitin Seth’s resignation comes at an interesting time. Specially when Flipkart has recently acquired eBay India and is in talks to acquire snapdeal. The HR department becomes much more important because it needs to restructure the manpower of all the 3 companies. Krishnamurthy’s role as head of the HR department will be an interesting one to see in the coming time.