Xiaomi India President Muralikrishnan B has resigned from his role at the company, the company announced on Tuesday. The executive joined the company in 2018 and was elevated to president in 2022. He has overseen the growth of the Chinese smartphone maker’s Indian subsidiary in recent years, despite a brief setback a few years ago, when the company faced scrutiny from government agencies over alleged illegal fund transfers. After his departure, he will continue to work within the firm as an independent strategic advisor.
Update: This story has been updated with Xiaomi’s confirmation that Muralikrishnan B has resigned from the company, as well as the executive’s statement.
Xiaomi India President Muralikrishnan B leaves the company
In a statement released on Tuesday, Xiaomi India announced that Muralikrishnan B had resigned from his role with the company, citing personal reasons. The executive is expected to pursue his executive doctorate in management, with a specialization in “consumer behavior on technology platforms.” He will continue to serve in the company until the end of the year, according to Xiaomi.
Sudhin Mathur (COO), Varun Madan (CPO), Muralikrishnan B, Anuj Sharma (CMO) and Sameer Rao (CFO)
Photo credit: Xiaomi India
During his tenure at Xiaomi India, the executive oversaw the company’s growth on multiple levels: from expanding the company’s offline retail channels to partnering with Dixon Technologies to produce its smartphones in the country in 2023.
He was also at the helm when Xiaomi India came under scrutiny from government agencies in 2022, over alleged illegal royalty payments. In June 2023, company officials and three banks in India received a show cause notice from the Enforcement Directorate for alleged FEMA violations.
Xiaomi announced that COO Sudhin Mathur (former Managing Director of Motorola, Lenovo) will lead key functions in India, alongside other executives such as CFO Sameer Rao, Managing Director Varun Madan and Director marketing Anuj Sharma.
“My experience at Xiaomi India has been one of the most rewarding chapters of my career. The values of sincerity and passion that Xiaomi embodies have been at the heart of our journey. I am immensely proud of what we have achieved together in such a dynamic market, I am grateful to Xiaomi executives for their guidance, to my peers and team members for their support, and to our partners and Xiaomi fans who have been an integral part of our success.” , said Muralikrishnan B in a prepared statement.
