Nitin Seth was today named the Chief People Officer of Flipkart. Nitin, who brings with him over two decades of experience in entrepreneurship, strategy, consulting, operations management and business process redesign, will lead the human resource function at Flipkart, India’s largest online marketplace. He will partner with the leadership team to build an organization for the future that is versatile and adaptable. Further, he will foster a distinctive culture to fuel business performance.
Nitin Seth will report to Binny Bansal, CEO & Co-founder of Flipkart.
“It is our goal to make Flipkart the best place to work as we work towards creating a world-class organization known for its empowered teams and great tech talent,” said Binny Bansal, CEO of Flipkart, commenting on the new appointment. “Nitin brings with him a unique mix of cross-sectoral experience, deep understanding of business, entrepreneurial DNA, and a long track record of building and nurturing winning teams. I am confident that Nitin will play a key role in enabling the team at Flipkart to fulfill our long-term mission of transforming commerce in India through technology.”
“It’s very inspiring to see Binny and Sachin’s vision of creating a world-class company out of India,” said Nitin on his appointment. “I am really excited to be a part of an organization that is using technology to transform how a billion customers shop online and creating a massive impact in the country. A world-class company like Flipkart requires a world-class talent pool and I look forward to working with the leadership team to build on this and create a great organization that not only supports the business growth aspirations but will be a great place to work for employees and realize their full potential.”
— Flipkart Stories (@FlipkartStories) February 17, 2016
Career highlights – Fidelity International and McKinsey
Before assuming his new role with Flipkart, Nitin Seth was the Managing Director and Country Head for Fidelity International in India. At Fidelity, he was responsible for the company’s offshore operations across India and Tunisia, comprising over 2,600 professionals, which is around 40% of company’s headcount and the majority of its Technology, Operations, Finance, Investment Research and Analytics capabilities.
Prior to joining Fidelity International, Nitin was with McKinsey, where he was the Director of McKC, McKinsey’s global knowledge center in India. He led McKC for 8 years where he developed a nascent research back office into one of the largest knowledge centers of its type in the world, and grew it from 35 to 750 professionals. He built McKC as an innovation hub that has transformed how McKinsey serves clients.
A foray into entrepreneurship
Nitin left McKinsey for two years (from April 2000 to April 2002) to be an entrepreneur. He set up ActiveKarma Ventures, a technology solutions company, whose primary focus was to leverage the Internet to offer innovative health and lifestyle solutions.
Nitin Seth’s NASSCOM affiliations
Nitin is recognized as a leader in the Indian IT and BPO industry. He chairs the NASSCOM Regional Council for Haryana, where he has championed development of the start-up ecosystem, creation of a forward-looking IT Policy for the state and infrastructure improvements in Gurgaon. He set up and chaired for over 3 years the NASSCOM forum for Global In-house Centers (GICs) for North India and has led the industry-wide initiative to develop the vision and strategic roadmap for GICs. He is now the Chairperson of the National GIC Council and is part of the NASSCOM Executive Council.
Nitin Seth holds an MBA (Majors in Finance and Operations) from the Indian Institute of Management, Lucknow, where he was awarded the Chairman’s Gold Medal for graduating first in the MBA program. He also holds an undergraduate degree in engineering (B.Tech) from the Indian Institute of Technology, Delhi.