MUMBAI: The social media giant Facebook finally ends its hunt to find a head for India operations. Facebook has appointed Ajit Mohan as Managing Director and Vice-President of Facebook India. He will join Facebook early next year.
In this newly created role of Managing Director for India, a VP-level role, one of the most important responsibilities for this person will be aligning teams and driving Facebook’s overall strategy in India. This is a new structure for Facebook India of having a senior leader reporting into Menlo Park and not Asia Pacific.
“India is one of the largest and most strategically important countries for Facebook. As we think about what it will take to achieve our mission of bringing people together and building community, we know that investment in India is critical. Ajit’s depth of experience will help us to continue to have a positive impact in India across communities, organizations, businesses and with policy makers”, Facebook Inc vice-president of business and marketing partnerships said David Fischer.
“I am delighted to take on the mantle of shaping Facebook’s charter in India. It is a unique opportunity to shape the agenda of a company that has brought the world closer together in one of the most exciting markets in the world. I look forward to championing India in Facebook and working with stakeholders across the spectrum to help build deep and meaningful communities across the country” Ajit Mohan commented.
He joins Facebook from Hotstar, the streaming platform launched by Star India, where he was Chief Executive Officer. He launched and built Hotstar into India's leading premium video streaming platform. Ajit is an alumnus of McKinsey and Company’s New York office where he worked with media companies around the globe as well as served as a Fellow at the McKinsey Global Institute, where he focused on India's rapid urbanization. He is a graduate of the School of Advanced International Studies (SAIS) at Johns Hopkins University and the Wharton School at the University of Pennsylvania.