Meta India head Ajit Mohan has stepped down from his position, the social networking giant said late Thursday.
Mohan will join rival Snap as APAC president in February. He will oversee the company’s businesses in India, Australia & New Zealand, China, Japan, Singapore, Malaysia, Indonesia and Korea, Snap said in a statement.
Mohan served as vice president and managing director for Meta India since January 2019. Before this, he was the chief executive officer of Hotstar. He has also worked with Star TV and The Wall Street Journal during his two decades-long career.
“Ajit has decided to step down from his role at Meta to pursue another opportunity outside of the company. Over the last four years, he has played an important role in shaping and scaling our India operations so they can serve many millions of Indian businesses, partners and people,” Meta VP, Global Business Group, Nicola Mendelsohn said in a statement.
“We remain deeply committed to India and have a strong leadership team in place to carry on all our work and partnerships. We are grateful for Ajit’s leadership and contribution and wish him the very best for the future.”
Meta India director and head of partnerships Manish Chopra will be succeeding Mohan on an interim basis. Chopra will be overseeing the role as the president of the Asia Pacific business.
At Snap, Mohan will oversee the company’s local operations and lead market strategy. He will report to Snap COO Jerry Hunter.
“We believe that Ajit’s leadership will enable us to accelerate our growth across APAC, and we could not be more thrilled to have Ajit joining the Snap team,” Snap CEO Evan Spiegel said in a statement.
“Similar to the global structure in Americas and EMEA, the regional sales teams will report to the new President, with Kathryn Carter (KC) and her current APAC sales teams, as well as the India and China sales teams reporting to Ajit,” Spiegel said in an internal memo.
Update (November 3, 2022; 9:24pm): Headline and contents of the article have been updated after Snap’s statement.
Source @Entrackr
