Uber has appointed former Tata Sons executive Madhu Kannan as Chief Business Officer, India and Emerging Markets. Madhu will be responsible for growing Uber’s business in India as well as across new emerging markets in the Asia Pacific region, through strategic partnerships and investment opportunities.
Prior to this Madhu was the Group Head of Business Development & Public Affairs at Tata Sons. Previously he was the CEO of Bombay Stock Exchange Limited, the youngest CEO of any of the major Exchanges globally, in addition to working as Managing Directors at both Merrill Lynch and NYSE Group, where his roles involved business development with a focus on the emerging growth economies.
Eric Alexander, President of Business, Asia Pacific, said,
We’re excited to have Madhu join Uber. With his background and experience in India and Asian emerging markets, his appointment reinforces our commitment to continue to invest and grow our presence and unlock the full potential of ridesharing in the region.
Madhu Kannan Chief Business Officer, India and Emerging Markets said,
Uber is one of the most dynamic and innovative organizations of my generation, and I look at this as a once in a lifetime opportunity to work with a group of highly talented and motivated people who are changing the face of mobility.
Uber has been aggressively eyeing to expand into India and Asian markets. The US based ride hailing service entered India in 2013 and has been giving homegrown taxi aggregator Ola a tough competition.