Image via ETtech (Economic Times)
Last updated
Cars24: Leadership Change
Cars24, an IPO-bound used car marketplace, onboarded Infosys CFO Jayesh Sanghrajka as independent director. This follows multiple high-level exits including cofounder/COO Mehul Agarwal, cofounder/CMO Gajendra Jangid, and India used car business CEO Himanshu Ratnoo.
Source: ETtech (Economic Times)
The leadership read
Leadership transitions often precede broader the sector bench-strengthening over the next two quarters.
Market context: The wider read — a Talent Market Index of 107.2 (Hot), down 1.8 month-on-month — shows Asia signal flow steady (+0.3pts).
Cars24: 1 signal in the last 90 days; 0.1% of MitchelLake's Asia signal flow.
From the MitchelLake archive
More signals across Asia
Leadership Change · Asia
HDFC Bank →Rajiv Kumar appointed as new chairman of HDFC Bank, replacing previous leadership amid governance turmoil. CEO Sashidhar Jagdishan describes first board meeting under new chair as 'refreshing.' Bank reported 5% Q1 FY27 profit rise despite ongoing governance challenges.
Leadership Change · Asia
Kotak Mahindra Bank →CEO Ashok Vaswani to step down in December 2026; expects external CEO search beyond internal candidates
Leadership Change · Asia
Adyen →Adyen appointed Gary Yang as Asia-Pacific President, effective 1 August 2026, succeeding Warren Hayashi who retires end of 2026. Yang transitions from SVP Global Head of Account Management and Partnerships.
Leadership Change · Asia
Fractal →Group CFO Ashwath Bhat resigned on July 6, 2026, citing personal reasons. He will remain in role until July 24 while the company searches for a replacement.
Leadership Change · Asia
Google DeepMind →Cao Liangliang, a director at Google DeepMind who worked on Gemini, has departed after 20 years in the US to join Hong Kong Polytechnic University.
Leadership Change · Asia
Evonik →Christian Kullmann, chief of Evonik, awarded Public Service Star (Distinguished Friends of Singapore) for role in Singapore development
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