Swiggy has appointed Faraz Khalid, the chief executive of Middle East e-commerce company Noon, as an independent director on its board. This move marks a significant shift towards independent governance following Swiggy's public offering earlier this year, with long-time investor representatives from Accel and SoftBank stepping down from their board roles. Khalid brings extensive experience in e-commerce and quick commerce, having led Noon's expansion into various sectors across the Gulf region and previously co-founding the fashion platform Namshi. Swiggy's leadership highlighted that the refreshed board, now featuring four independent directors, underscores the company's commitment to robust governance as it scales its convenience platforms in India. Additional board changes include the reappointment of Shailesh Haribhakti and the naming of Cauveri Sriram as company secretary and compliance officer, as Swiggy prepares to announce its latest quarterly earnings.

Original article source: https://timesofindia.indiatimes.com/city/bengaluru/swiggy-appoints-noon-ceo-khalid-to-its-board/articleshow/122911952.cms
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