Krithiga Reddy Stepping Down As MD: Kirthiga Reddy, Managing Director, India is going to step down from her post in the coming six to twelve months and a statement from Facebook has been released saying that her stepping down is not connected with Free Basics in India whose services have been stopped by Indian govt.
Reddy will move to US at Menlo Park for a new position. The issue was raised few days back when the Telecom Regulatory Authority of India (TRAI) decided to shut down the services of controversial Free Basics by Facebook under Internet.org and Reddy’s decision to step down the position and move to US came around the similar time. But now, with the official statement from the head office, it is clear that Reddy is movie to US for her personal reasons.
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Krithiga Reddy Stepping Down As MD at Facebook India
The spokesman said, “As she had planned for some time, Krithiga Reddy is moving back to US to work with the team in the headquarters. We are extremely proud of the work she has done to grow our annual global sales business in India”, said the official statement.
The statement also added that Reddy was not even involved in the Company’s Free Basic Service efforts.
Reddy was the first employee at Facebook India whose office is located at Hyderabad and she posted a post on the social networking giant and announced that she along with William Easton, MD, Emerging Markets and Dan Neary, VP, Asia Pacific have started to look for a successor in India.
On last Monday, TRAI issued a notification saying that all the differential pricing data plans are being now prohibited and effectively banned the free basics by Facebook. On Thursday, the company confirmed the decision and shut down its app in India.
Facebook has emerged as the biggest company in the world as was founded 12 years ago by Mark Zuckerberg. His simple aim was to connect the world and today, he has done it quite successfully as more than 1.6 billion people use his product each month. He is also the owner of two more amazing products, Whatsapp and Instagram, which he purchased from its founders.
Mark has been a great supporter of India, visited the nation quite frequently and even welcomed PM Narendra Modi at the HQ in California for a QnA Session at Townhall.
However, more than a million people had wrote an email to the TRAI for banning the free basics in India and the decision came in favor of the Indian people.
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