Key executives quit Jio ahead of commercial launch

It seems that Reliance Jio is struggling hard to retain key people ahead of the commercial launch of services in the country. According to various media reports, SN Sharma and Anand Narang have left the company to explore new opportunities. SN Sharma, who was part of the leadership team to drive Reliance Jio’s cable distribution business, has quit the company last week, and is most likely to join Sameer Manchanda-promoted DEN Networks.

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Sharma was the CEO of DEN Networks before joining Reliance Jio in early 2015. He was one of the founding members at Den, and had led the company through consolidation and digitisation, reports added.

Reliance Jio through its subsidiary of Reliance Jio Media has procured a pan-India MSO licence from the Ministry of Information & Broadcasting (MIB). The company had last year roped in former Hathway Datacom chief executive K. Jayaraman to head its distribution business and Sharma reported into him, the reports said.

Prior to DEN, Sharma served Hathway Cable & Datacom as president, northern region, and Indusind Media and Communications as vice president. He has nearly three decades of experience.

Anand Narang, vice president and head of marketing at Devices, Reliance Jio, on the other hand, has moved on from the organization to join Bata India as VP, Marketing. Narang joined Reliance Jio in 2015 and was responsible for the marketing strategy of LYF Mobiles.

Narang was reporting into former BlackBerry India chief Sunil Dutt who had joined as president of devices business at Reliance Jio mid-2014. Before Reliance, Narang served Huawei Devices as the India marketing director in India.

The exit of these two executives follows some high-profile exits over last 24 months from Jio, which is preparing to launch its high-speed broadband services commercially in the country.

In January this year, Reliance Jio’s President and Chief Operating Officer of FTTX Business, Ralph Steffens, left the company after a nearly two-year stint with the company, and joined London-based global service provider Truphone as Chief Executive Officer.

In 2015, Managing Director Sandeep Das, President-Enterprises Sumit D Chowdhury, and President and CFO, R Srikanth, left Jio. Nikhil Rungta also left Jio last year, and joined Housing.com as he Chief Marketing Officer (CMO).

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20 Comments on "Key executives quit Jio ahead of commercial launch"

 

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Sanjit Roy Thakurnagar,wb
July 7, 2016 11:59 pm 11:59 PM

Very interesting thing I have noticed in jio, that whenever we are calling to local offnet numbers of Bengal from Benga circle then the audio quality is not good enough but when we are calling to a std offnet number from jio, then the audio quality is good. I think jio have some point of interconnection issues with other operators of Bengal circle. So if anyone is facing similar issues then please share your experience to let us know.

kannu
July 7, 2016 6:04 pm 6:04 PM
Jio is not at all a good place to work in. It has always been a bad point of jio. It is their culture. You are in RIL group only till you are achieving numbers. If you miss, you have to also miss the job. These high profile exits are only due to slow progress in jio’ marketing and network commissioning strategies. RIL has already been recieving great criticism due to delay in launch. The delay is expected , as the network needed to support the claims of Mr. Ambani , is still a long way to go. The fiber… Read more »
Sarat
July 7, 2016 12:15 pm 12:15 PM

Reliance has perfected the art of keeping government in pocket and taking customers for a ride. The company’s ethics are questionable. It is only going to be worse when next generations of ambanis take over in future. Mukesh Ambani spent Rs.50 odd crore on charity (this reported figure also doubtful) whereas Azim Premji spent 2500 cr. With Modi continuing for next term, Ambanis will be continuously laughing all the way to bank ( including their swiss banks).

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