Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFO

economictimes.indiatimes.com:

Aakash Education (AESL) has formed an executive council to appoint a new CEO at the brick-and-mortar coaching network following the official exit of its chief executive Abhishek Maheshwari and chief financial officer Vipan Joshi.

Byju Raveendran– chief executive officer at Byju’s, Ajay Goel–group chief financial officer of Byju’s, Anup Kumar Agrawal, chief business officer of AESL and Sachin Saxena, chief human resources officer (CHRO) of AESL are part of the executive council, as per an internal note sent by Raveendran.

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Maheshwari’s exit has now been formally announced to the organisation on Saturday, sources added. Joshi's last day at work would be later this month. Sources said Byju's executive committee will finalise a new CEO and CFO soon.

“The executive committee has been assembled to provide guidance, support, and leadership during this transition period. We are committed to maintaining the excellence and growth that AESL has consistently delivered in terms of both current business operations and future prospects,”Raveendran said in an internal note – seen by ETtech.
“The council will conduct scheduled meetings to ensure that AESL continues to operate smoothly, and it is also available on an as-needed basis for any guidance or support that you may require..”

This comes at a time when Aakash–the so-called crown jewel of Byju’s–is in the middle of shareholder tussle