By Cate Cadell
Lu is the latest in a series of high-profile AI experts to leave the company in the past year, amid fierce global competition for talent in the field.
Sahney, who was previously global head of consumer and retail investment banking, will remain in Hong Kong and advise on transactions across sectors.
Maheshwary will join Zomato in July after his stint as CFO at GE South Asia.
Global financial services provider Avendus Capital has announced three new transitions in the firm while KKR has appointed a real estate veteran to heads its Asia Pacific real estate business.
Jinsong Zhang has been appointed as partner at global law firm Orrick while Omar Siddiq Amin Noer Rashid is the new head of RHB’s wholesale bank.
Karen Chen joins other financial-industry veterans in jumping ship to the burgeoning technology.
Mohapatra has also worked with Google as strategic partnerships and business development lead.
Li’s career began in 1950 as a plastic-flowers manufacturer, which he then transformed into a global conglomerate.
The outlook for Indian online retailer Flipkart was decidedly gloomy when Kalyan Krishnamurthy became chief executive officer in January 2017. The startup’s valuation was dropping, fundraising was more difficult and Amazon.com Inc. was pledging $5 billion-plus to siphon away customers.
The deal should give Flipkart’s Sachin and Binny Bansal a fortune of about $1 billion, although that status may be short-lived as the pair may have to pay 20% capital gains tax on any shares they sell in the company.