T Koshy, the managing director and chief executive officer of the government-backed Open Network for Digital Commerce (ONDC), has stepped from his role after a three-year stint.
However, the reason for his resignation has not been disclosed.
“As with any dynamic and evolving organisation, a leadership change is currently underway. Koshy has expressed his desire to step down while helping on with the change. The MD and CEO responsibilities have been transitioned to an executive committee with Koshy available to the board over the next three months for advise,” ONDC said in a statement.
The CEO’s exit comes close to the recent exit of ONDC’s chief business officer Shireesh Joshi, who served the network for about three and half years.
As per Koshy’s LinkedIn profile, he had previously worked with consulting firm Ernst & Young (EY) for more than a decade. Prior to that, he worked with the National Security Depository Limited (NSDL) as executive director for over 14 years.
(The story will be updated soon.)
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