udaan Announces Senior-Level Organisational Changes
Bengaluru, Monday, 23rd January 2024 : udaan, India’s largest e-B2B (business-to-business) platform, today announced senior-level organizational changes aligned with the company’s philosophy to empower and promote internal talent. These changes are in line with the company’s commitment to drive profitable growth and continue strengthening core capabilities while driving ‘efficiency with excellence’ agenda.
Kiran Thadimarri, Group Finance Controller, will be elevated to be a part of the Executive Management Team with the additional responsibility of handling Treasury operations, Corporate Finance and Corporate Audit, in addition to his existing responsibility of Financial Controller. In his enhanced role, Kiran will report to the CEO.
Kiran has been associated with udaan for close to three years and is a qualified Chartered Accountant. In a career spanning two decades, Kiran graduated from GEs premier leadership programs, was CFO of GE Water, South Asia, has worked closely with Aditya Pande (outgoing Group CFO, udaan) at GE Healthcare during his 14-year stint at GE, and subsequently cofounded a Healthcare Technology Distribution company.
Vishnu Menon, Head-Corporate Strategy & IR, will take on the additional responsibility of Business Finance. He will continue to report to the CEO. Vishnu has been associated with udaan for the past four years. He is an MBA from IIM Calcutta with a degree in Engineering from the Kerala University. In the past, Vishnu has worked as a management consultant with Bain & Co and was also the Founder & CEO of Wandertrails, an experiential travel startup.
Both Kiran and Vishnu will work towards further strengthening the Financial and Governance practices at udaan to enable the company to achieve operational profitability and public market readiness in the next 12-18 months.
Aditya Pande, after a successful stint of over three years as Group CFO, has decided to pursue opportunities outside of udaan. During his tenure, Aditya played a pivotal role in shaping udaan’s financial strategy marked by strategic financial decision-making, implementation of resilient financial systems, successful fund raising and a razor-sharp focus on fiscal management. As Aditya transitions, the solid foundation laid during his tenure will enable udaan to tap future growth opportunities, capitalize on scale, and leverage cost synergies.
Vaibhav Gupta, Co-founder & CEO, udaan, said, “These organisational changes are a testament to udaan’s philosophy to promote future leaders from our strong talent pipeline while laying the foundation for the next phase of growth journey. We believe that empowering our internal leaders will not only strengthen our operational capabilities but also drive sustainable growth, aligned with our ‘efficiency with excellence’ agenda. I would like to thank Aditya for his invaluable contribution to the organisation and wish him the very best in his future endeavours.”
Over the years, udaan has successfully attracted top talent from prominent Indian and global corporations. At udaan, talent with diverse skills and experiences have played a pivotal role in shaping the company’s dynamic work culture and fostering an innovative work environment.