Xiaomi India President Muralikrishnan B has resigned from his position at the firm, the company announced on Tuesday. The CEO joined the company in 2018 and was promoted to President in 2022. Over the past few years, he has overseen the development of the Chinese smartphone maker’s Indian subsidiary, despite a brief setback a couple of years ago when the company faced scrutiny from government agencies over alleged illegal money transfers. After his departure, he will continue to work with the firm as an independent strategic advisor.
Renewal: This story has been updated thanks to Xiaomi’s confirmation that Muralikrishnan B has resigned from the firm, as well as a statement from the chief executive.
The President of Xiaomi in India Muralikrishnan B is leaving the company
In a statement released on Tuesday, Xiaomi India announced that Muralikrishnan B has stepped down from his position at the company due to personal reasons. The executive intends to pursue a PhD in Management with a focus on “Consumer Behavior on Technology Platforms”. According to Xiaomi, he will continue to work for the company until the end of the year.
Sudin Mathur (COO), Varun Madan (CPO), Muralikrishnan B, Anuj Sharma (CMO) and Sameer Rao (CFO)
Photo: Xiaomi India
During his tenure at Xiaomi India, the executive oversaw the company’s growth on multiple levels, from expanding the firm’s offline retail channels to partnering with Dixon Technologies to manufacture its smartphones in the country in 2023.
He also ran Xiaomi India in 2022 when it was scrutinized by government authorities over alleged illegal royalty payments. In June 2023, notices were sent to the company and three banks in India for alleged FEMA violations.
Xiaomi announced that COO Sudhin Mathur (former MD of Motorola, Lenovo) will lead key functions in India along with other executives such as CFO Sameer Rao, CPO Varun Madan and CMO Anuj Sharma.
“My experience at Xiaomi India was one of the most fulfilling chapters of my career. The values of sincerity and passion embodied by Xiaomi were central to our journey. I am extremely proud of what we have achieved together in such a dynamic market. I am grateful to Xiaomi management for their leadership, my colleagues and team members for their support, and our partners and Xiaomi fans who have been an integral part of our success,” Muralikrishnan B. said in a prepared statement.