Truecaller names insider Rishit Jhunjhunwala as CEO
06/11/2024 19:14
Nov 6 (Reuters) - Swedish software company Truecaller
TRUEb.ST said on Wednesday it has appointed Rishit
Jhunjhunwala, the current chief of products as its new chief
executive.
Jhunjhunwala, who has worked for Truecaller since 2015, is
also the managing director of the company's India division. He
will take over his new role on Jan. 9, after incumbent Alan
Mamedi steps down.
Co-founders Alan Mamedi and Nami Zarringhalam said in a
letter that they have decided to give up their operational
duties at Truecaller from June 30, 2025.
Mamedi and Zarringhalam will focus on Truecallers's
long-term strategy as board members and advisors, allowing the
leadership team to take full ownership and drive the company's
continued growth, the letter said.
Separately, the company said its quarterly net sales jumped
15% to 457 million Swedish crowns ($42.21 million) from the
year-ago period.
($1 = 10.8262 Swedish crowns)
(Reporting by Gursimran Kaur in Bengaluru; Editing by Shailesh
Kuber)
((GursimranKaur.Mehar@thomsonreuters.com;))