Xiaomi India President Muralikrishnan B is leaving the company after six years

Xiaomi India President Muralikrishnan B has resigned from the company, the company announced on Tuesday. The director joined the company in 2018 and was appointed president in 2022. He oversaw 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 at 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 director’s statement.

Xiaomi India President Muralikrishnan B leaves company

In a statement on Tuesday, Xiaomi India announced that Muralikrishnan B has resigned from his position at the company due to personal reasons. The director will obtain his doctorate in management, with a focus on ‘Consumer Behavior on Technology Platforms’. According to Xiaomi, he will continue in his role at the company until the end of the year.

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 at various levels – from expanding the company’s offline retail channels to partnering with Dixon Technologies to produce its smartphones in the country by 2023.

He was also at the helm when Xiaomi India faced intense scrutiny from government agencies in 2022 over alleged illegal royalty payments. In June 2023, officials of the company and three banks in India were issued a warning by the Enforcement Directorate for alleged FEMA violations.

Xiaomi has announced that Chief Operating Officer Sudhin Mathur (former Managing Director at Motorola, Lenovo) will oversee 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 has been one of the most fulfilling chapters of my career. The values ​​of sincerity and passion that Xiaomi embodies have been at the heart of our journey. I am extremely proud of what we have achieved together in such a dynamic market. I am grateful to Xiaomi’s leadership for their guidance, my colleagues and team members for their support, and our partners and Xiaomi fans who have been integral to our success,” Muralikrishnan B said in a prepared statement.