By: PTI | New Delhi |
Updated: February 6, 2022 12:43:18 am
BharatPe MD and cofounder Ashneer Grover. (Image source: LinkedIn/Ashneer Grover)
BharatPe co-founder Shashvat Nakrani said Saturday he has not given any consent or demand for the removal of CEO Suhail Sameer from the Board and that the CEO continues to enjoy his support. Nakrani’s statement came a day after Ashneer Grover, a co-founder of BharatPe, sought Sameer’s removal from the Board.
“I have neither given my consent, nor sought the removal of Suhail Sameer from the Board of BharatPe and fully support his continuance on the board. News reports suggesting this are incorrect. I can confirm that I was one of the two joint nominees in the appointment resolution of Suhail Sameer as the CEO and Board member of BharatPe, and he continues to enjoy my support,” Nakrani said in a statement.
Sameer, whose term is for five years, was jointly nominated by both Grover and Nakrani.
The board of BharatPe currently comprises nine members — the two founders, one joint founder nominee (CEO), four investor nominees and two professional independent directors including former SBI Chairman Rajnish Kumar and Kewal Handa. Rajnish Kumar is also the Chairman of the BharatPe board.
After an audio clip of him abusing a Kotak Mahindra Bank employee surfaced, Grover had “informed” the company’s board of his decision to go on a “voluntary leave of absence” till the end of March, the company had said in a statement on January 20.
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