Binny Bansal is new CEO of Flipkart, Sachin Bansal becomes the Executive Chairman

‪‪Binny Bansal is new CEO of Flipkart. He will take charge of the India’s e-commerce giant from it’s another co-founder and present CEO Sachin Bansal.

The new CEO currently serves as the COO of the company. Present CEO Sachin is expected to be posted as the Executive Chairman. He will be guiding the leadership team of the India’s online shopping major. Sachin is also going to handle the task for exploring new investment sources for the company. The most important challenge will be to create the solid ecosystem for the Flipkart. He will be also representing company in several conferences and forums. The company statement informed that the Sachin Bansal will remain as the Chairman of the board.

Sachin Bansal informed that the Flipkart can play important role in improving online shopping experience in India. The Flipkart co-founder also said that the e-commerce sector is going through most vibrant phase in the country today. Sachin told press that they are going to take Flipkart on the next level and aim to create a world class internet company.

Binny Bansal, the new CEO is going to focus on the core operations of the Flipkart. He will be responsible for improving the overall performance of the company. This means that Myntra, Ekart and Commerce, three main divisions of Flipkart will directly come under Binny Bansal. Other departments like Legal, Corporate Communications, Human Resources, Finance and Corporate Development will be reporting to the new CEO too.

Flipkart’s new CEO Binny Bansal said that the company is going to lead innovation in the domain of mobile commerce.

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