Myntra’s top executives Ramesh Bafna, Harish Narayanan decided

Myntra’s top executives Ramesh Bafna, Harish Narayanan decided

At a time when Myntra Chief Executive Officer Amar Nagaram is leaving the company, Ramesh Bafna, Chief Financial Officer and Chief Marketing Officer Harish Narayanan has also tendered his resignation at the Walmart-owned online fashion retailer.

At this juncture, as Myntra prepares to make new strides, Group CFO, Sriram Venkataraman will be the lead advisor to the leadership team at Myntra for the next few months as interim CFO. “This decision comes at a time when Ramesh Bafna, CFO of Myntra, who has been with the Flipkart Group for the past 7 years, has decided to pursue career opportunities outside Myntra. During his tenure at Myntra, Ramesh has contributed immensely in strengthening the finance function and strengthening systems and processes to help drive growth,” said Amar Nagaram, CEO, Myntra in an address to employees and posted by Business Standard. Said in the seen letter.


Nagaram himself has decided to move on from the company and will remain with the firm till the end of December to ensure a smooth transition and will be associated with it in an advisory role.

He said that the development of Myntra over the years has been enabled by a group of able leaders including Harish Narayanan. Under his leadership, Myntra’s marketing function has expanded its foray into digital, strengthening its content and commerce game.

“In pursuit of his passion for early stage start-ups, almost two and a half years later, he has decided to write the next chapter of his career in the ed-tech space. He has been the sponsor of our diversity and served as the CMO Has taken many initiatives beyond his role,” Nagaram said.

He said that Harish Narayanan and Ramesh Bafna have been invested diligently in the growth and development of Myntra over the years. “Apart from being an inspirational leader, we all know him as mentor, friend and guide. He will continue in his roles at Myntra till January 2022, to help ensure a smooth transition,” said Nagaram “As they move on to their next careers, I thank them for leaving behind a strong legacy and for the many memorable moments they shared together. In addition, there will be no change in the structure of marketing and finance organisation. We will share the details of his successors in due course.”

Over the years, Nagaram said Myntra has cemented its position as one of India’s leading and most loved fashion destinations. Reinforcing the group’s aspiration to become a leader in fashion, beauty and lifestyle in the country, he added that Myntra continues to make substantial strategic investments that fuel its immense potential, and will continue to do so.

Myntra recently announced the appointment of Nandita Sinha as Chief Executive Officer with effect from January 1, 2022. Nandita will join Myntra from group company Flipkart, where, as vice president of customer development and marketing, she is currently leading the overall charter for marketing.

“Please join us in wishing Harish and Ramesh the best of luck in their future endeavours and thanking Sriram for their support and guidance. I am confident that under the guidance of our leadership team, who now has Nandita as CEO and CBO of Myntra Strengthened by the addition of Sinha and Sharon Paes, Myntra will continue on its path to democratize fashion for all while promoting its people first culture,” said Nagaram.

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