Udaan announces senior-level organizational changes as Group CFO Aditya Pande exits, ET Retail

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<p>Former Udaan chief financial officer Aditya Pande</p>
Former Udaan chief financial officer Aditya Pande

New Delhi: Udaan, an e-business-to-business (e-B2B) platform, has announced senior-level organizational changes as Aditya Pande, who was the Group CFO for over three years, has decided to exit to pursue opportunities outside of the firm, according to a media release.

As Pande transitions, the foundation laid during his tenure will enable Udaan to tap future growth opportunities, capitalize on scale, and leverage cost synergies.

According to a company’s statement, 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, he will report to the CEO.

In a career of two decades, he served as CFO of GE Water, South Asia, and has worked closely with the outgoing Group CFO, Udaan. At GE Healthcare during his 14-year stint at GE, he subsequently co-founded a Healthcare Technology Distribution company.

As part of the organizational changes, Vishnu Menon, head-corporate strategy and IR, will take on the additional responsibility of business finance. He will continue to report to the CEO.

Menon has been associated with Udaan for the past four years. Previously, he worked as a management consultant with Bain & Co. and was also the founder and CEO of Wandertrails, an experiential travel startup.

In a statement, the company said, “These changes are in line with the company’s commitment to drive profitable growth and continue strengthening core capabilities.”

Vaibhav Gupta, Co-founder and CEO of Udaan said, “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.”

  • Published On Jan 22, 2024 at 04:32 PM IST

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