Flipkart appoints Sriram Venkataraman as chief financial officer

By

Maverick Martins

Published
May 6, 2020

E-commerce giant Flipkart has appointed Sriram Venkataraman as its new chief financial officer (CFO). Venkataraman will replace Emily McNeal, who recently quit the Flipkart Group after joining the business, as part of Walmart’s acquisition of Flipkart.
 

Venkataraman will report to Chris Nicholas, executive vice president and CFO of Walmart International.
 
In his new role, Venkatarama will be responsible for key finance operations and functions at Flipkart and Myntra, including tax, risk management, and treasury.

Commenting on this change, Kalyan Krishnamurthy chief executive officer of Flipkart Group, in a statement said: “We thank Emily for her leadership and guidance in strengthening the governance process and financial reporting at Flipkart post the Walmart investment. She has been instrumental in driving key investments that have enhanced our hyperlocal and fresh food capabilities and has been a strong partner in our organisation’s diversity and inclusivity journey.”
 
“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 endeavours,” he added.
 
Flipkart has been investing heavily in recruiting and retaining its employees after the company saw an exodus of some key executives last year.
 
The company has also assured all its employees that there will be no pay cuts and all job offers will be honored by the firm amid the coronavirus pandemic.