Byju Raveendran is taking back the reins as CEO of Byju’s, the edtech firm currently facing challenges, after Arjun Mohan stepped down from the position on April 15.
Mohan’s resignation follows a relatively short tenure of 10 months, during which he led the company’s international operations. Raveendran will now manage the day-to-day operations, according to a company statement. Meanwhile, Mohan will shift to a role as an external advisor.
Mohan revealed his decision to step down to explore new opportunities, noting that the business has scaled down and Byju Raveendran will be more involved in the daily management. He mentioned that this change would positively impact the company’s morale. Raveendran resumes leadership after a four-year hiatus.
“Arjun has done an outstanding job steering BYJU’S through a challenging period,” Raveendran stated. “We are grateful for his leadership and look forward to his continued contributions as a strategic advisor,” said Byju Raveendran, Founder and Group CEO.
