After Board Exits, BYJU'S Appoints Mohandas Pai And Rajnish Kumar To Advisory Council

SUMMARY

As per BYJU’S, the newly-formed council will bolster corporate governance and guide the board and CEO Raveendran in matters related to the company

Last month, three board members of BYJU’S tendered their resignations, leaving its board with only three members of the Raveendran family

Earlier today, the troubled edtech major appointed former upGrad CEO Arjun Mohan as the new CEO of its international business

Nearly a month after the high-profile exit of multiple board members, edtech decacorn BYJU’S has now appointed former SBI Chairperson Rajnish Kumar and ace investor TV Mohandas Pai as members of its newly-constituted advisory council.

As per the company, the council will guide the board and chief executive officer (CEO) Byju Raveendran in matters related to the company to bolster corporate governance guardrails. The move will also enable the company to enhance its financial governance mechanisms and drive sustainable growth and strategic decision-making.