People digest: OYO names non-executive director; Grofers CTO quits

Photo: Bloomberg

OYO Hotels & Homes (OYO) Tuesday announced the appointment of Dr. W. Steve Albrecht as non-executive director on the company’s board. In a separate development, Grofers Chief Technology Officer (CTO) Jacob Singh has resigned after an almost three-year stint.

OYO appoints non-executive director

OYO Hotels & Homes (OYO) Tuesday announced the appointment of Dr. W. Steve Albrecht as a non-executive director on the company’s board of directors.

As a non-executive director of the board, Albrecht will play a supervisory role and guide the founder and management on key business decisions, OYO said in a statement.

Albrecht is a former president of the American Accounting Association and the Association of Certified Fraud Examiners. As a professor, he taught full-time at the University of Illinois, Stanford and Brigham Young University. He is also a certified public accountant, internal auditor and fraud examiner.

“Steve is an expert and a thought leader who will help us deliver on sustainable growth, operational and service excellence, and help us continue building a strong culture of corporate governance and accountability,” Ritesh Agarwal, founder and group CEO, OYO Hotels & Homes.

Grofers CTO Jacob Singh quits

Grofers Chief Technology Officer (CTO) Jacob Singh has resigned after an almost three-year stint at the online grocery delivery startup.

According to a report in Entrackr, Singh’s decision to quit the company came in the pre-COVID-19 lockdown period.

An alumnus of Berkeley City College, Singh was instrumental in the design, launch and scaling of Grofers’ paid loyalty program. According to his LinkedIn profile, Singh led the tech team from 50 to 220 at Grofers and scaled it up to $600 million GMV from $40 million in three years.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.