NEW!New exclusive interviews with young entrepreneurs  Read More

News

“Flipkart Fashion Head Arief Mohamad Set to Join Angel One as New Chief Business Officer”

1 Mins read

Arief Mohamad, the seasoned executive who recently led Flipkart’s fashion vertical, is poised to take on a new role as Chief Business Officer (CBO) at Angel One. Mohamad has formally resigned from his position at Flipkart, where he has been a significant contributor for over nine years, including his recent tenure as Vice President and Head of Fashion since November 2023.

Mohamad’s departure from Flipkart marks a notable shift in his career as he steps into the CBO role at Angel One, a leading stockbroking firm. He will be succeeding Prateek Mehta, who previously served as the Executive Director and CBO at Angel One for 18 months before his resignation. Mehta has since transitioned to a partner role at investment firm South Park Commons.

With a robust background in retail and fashion, Mohamad’s expertise is expected to bolster Angel One’s strategic initiatives. Prior to his role at Flipkart, he was associated with the FMCG chain SPAR, where he held the position of Associate Vice President and Head of FMCG (B&M) for three years.

Angel One, despite recent controversies including allegations of data breaches, continues to expand its user base. The firm reported an addition of 220,000 active investors as of June 2024, according to NSE data. The company is reportedly accelerating its growth efforts, aiming to surpass Zerodha in user acquisition in the near future.

The trend of senior Flipkart executives moving to prominent roles in other companies continues. Notably, Swiggy recently appointed Amitesh Jha, a former senior vice president at Flipkart, as CEO of its quick commerce business Instamart. Similarly, Meesho brought former Flipkart senior VP Surojit Chatterjee on board as an independent director in May.

As Mohamad prepares to take up his new role at Angel One, his transition reflects ongoing shifts in the e-commerce and financial sectors, highlighting the fluid nature of top executive positions within major companies.

About author
I’m Aparna Sahu , an author and journalist with over five years of experience in the startup ecosystem. I specialize in crafting stories about entrepreneurship and innovation, drawing on my deep understanding of the startup world to highlight the journeys of visionary leaders and trailblazers. My work aims to reveal both the challenges and triumphs of building successful ventures, offering insights that inspire and inform. Outside of writing, I enjoy personal interest or hobby, which helps me bring fresh perspectives to my storytelling.
Articles
Related posts
BusinessNews

Hindustan Zinc to Invest $2 Billion to Double Production Capacity

2 Mins read
Major Expansion Plans Announced Hindustan Zinc, part of the Vedanta Group, has exciting news for the mining industry! The company plans to…
News

The WordPress vs. WP Engine Feud: What You Need to Know

3 Mins read
A Growing Controversy in the WordPress Community The WordPress ecosystem, which powers about 40% of all websites globally, is currently embroiled in…
News

PhysicsWallah Aims for ₹1,000 Crore in Offline Revenue by FY25

1 Mins read
Expanding Horizons: A Major Offline Push PhysicsWallah, the popular online coaching platform, has ambitious plans to generate ₹1,050 crore in net revenue…
Get Directly New Stories From #TES

[mc4wp_form id="17"].

#1 International Entrepreneurship News & Interview Magazine 

Leave a Reply

Your email address will not be published. Required fields are marked *