OLX beefs up senior leadership team

Irwin Anand has been elevated as COO. Suresh Krishnan has moved in from Accor Hotels as Chief Financial Officer, and Joyeeta Chatterjee has come in from Sun Pharma as Chief Human Resources Officer

BestMediaInfo Bureau | Delhi | February 4, 2016

OLX India, India's largest classifieds platform, has made additions to the Indian leadership team, Suresh Krishnan, former Executive Director and VP Finance at Accor Hotels has come on board as Chief Financial Officer, and Joyeeta Chatterjee, former Director, Human Resources at Sun Pharmaceutical, has joined as Chief Human Resources Officer.

In addition to this, Irwin Anand, former Chief Growth Officer at OLX India, has been elevated to the role of Chief Operating Officer, OLX India.

Amarjit Singh Batra, CEO, OLX India, said, “The journey of OLX from an unknown brand to the leader in online classifieds in India has been full of pioneering moments and milestones. Building the consumer-to-consumer (C2C) market in India involved a winning strategy, laser-sharp focus and solid execution. In order to become the best classifieds team in the world, and to drive our next set of goals, we have strengthened our team and brought Suresh and Joyeeta on board. This is the first of many exciting developments that will be happening at OLX over the next couple of years.”

OLX India already has 80% market share of the consumer-to-consumer (C2C) online classifieds market in India, and is the number one classifieds for used cars and motorbikes, mobile phones, and household items. OLX has five times the brand awareness that of the number #2 player classifieds player. The auto category, from which 45% of the page-views come, has brand awareness at least five times that of any other player in the industry (according to Google Trends). OLX is the number #1 buying + selling mobile App in India according to Google Play store and is currently trending at 2.8 billion page-views a month (January 2015).

As the Chief Financial Officer with 17 years of global experience across Asia, the USA and Europe in industries such as financial services, healthcare, and hospitality, Krishnan will not only lead all financial decisions of OLX India but also prepare the company for a year of robust growth. Besides Accor Hotels, he was Group CFO at GE Capital India.

Krishnan said, “A leader in online classifieds in many countries globally including India, I am excited to join a young and energetic team and in partnering with them in their phenomenal growth story.”

Chatterjee has diverse experience having worked across several industries including logistics, media, information technology, telecom, and pharmaceuticals. She will leverage her diverse experience of 21 years to promote organizational effectiveness and drive new HR initiatives.

Chatterjee commented, “I joined OLX to become a part of a big data, internet, and technology-based company that is challenging traditional business models. Opportunity to work with a whole new generation of employees, who are entrepreneurial, mavericks, and very smart, and knowing that I am their people-practice nurturer and custodian makes me proud.”

Anand, in his new role of COO will drive product, technology and customer experience functions. In his 3.5 years at OLX, he has led diverse initiatives spanning mobile marketing, business development, strategy, and customer lifecycle management. He has an experience of 15 years. His last stint was with Yahoo! India.

Anand said, “OLX has become the gold standard for used goods buying and selling in India. This is the outcome of our customer first mindset – solving user problems and needs through relentless iterations. As we move along, we will continue to foster a culture of experimentation and operational excellence in our path towards sustainable growth.”

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