Retail in Asia

In People

Myntra appoints McKinsey’s Ananth Narayanan as CEO

Indian fashion and lifestyle online portal, Myntra has appointed Ananth Narayanan as its chief executive officer. Mukesh Bansal, current CEO and co-founder of Myntra, will assume the position of the chairman of the board while continuing to lead Flipkart’s commerce platform.

The appointment comes at a time, when Myntra has recently moved to a mobile only platform and is planning to completely revamp its customer interface to make it more personal and mobile friendly.

This, however, does not signify Bansal’s exit from the firm that he founded, said the company. He will continue to be actively involved in contributing to Myntra’s vision, strategy and overall direction in his role as chairman, the press statement added.