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Sunday, December 3, 2023

Navi Technologies appoints Meesho CEO as its independent director

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Vidit Aatrey, Co-founder and CEO, Meesho has joined the board of Navi Technologies. Aatrey will serve Navi as an independent director.

Navi Technologies has announced the appointment of Vidit Aatrey as an independent director on the company’s board.

Aatrey, who is joint founder and CEO of Meesho,  has been appointed by it in the new role, with effect from April 9, 2022.

Aatrey’s appointment is part of Navi’s continuous attempts to improve its board, which has recently added three new members: Abhijit Bose, Shripad Nadkarni, and Usha Narayanan.

With this appointment, Navi’s Board, which now has seven members, will have a majority of independent directors.

Other board members include Navi promoter and co-founder Sachin Bansal, Ankit Agarwal, and Anand Sinha, former Deputy Governor of the Reserve Bank of India.

Navi Group Co-Founder Sachin Bansal stated, “I am delighted to welcome to our Board Bobby (Abhijit), Shripad, Usha, and, most recently, Vidit. They each bring a distinct viewpoint, and I believe they will provide considerable strategic value to it as we expand. These selections reaffirm our commitment to setting excellent corporate governance standards.”

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