Myntra-Jabong CEO Ananth Narayanan quit.

Myntra-Jabong CEO Ananth Narayanan quit.
Ananth Narayanan - Myntra CEO

Myntra CEO Ananth Narayanan has stepped down with his position likely to be abolished, Mint reports, citing people aware of the development. Amar Nagaram, head of consumer shopping experience at Flipkart, will now oversee the fashion e-tailer. On Friday, Economic Times reported that Nagaram had been moved to Myntra as chief technology and product officer. Further, key Myntra leaders including chief revenue officer Mithun Sundar and HR head Manpreet Ratia have also resigned. Last month, Narayanan denied reports that he was quitting in the wake of a reshuffle in the ranks following Binny Bansal’s exit from Flipkart.