Flipkart Appoints Jane Duke as Chief Ethics & Compliance Officer Amid IPO Preparations

Flipkart, owned by Walmart, announced the appointment of Jane Duke as Chief Ethics & Compliance Officer. Duke, with nearly 30 years of experience in compliance, aims to strengthen governance structures. This move supports Flipkart’s IPO plans. The National Company Law Tribunal approved the merger of eight Flipkart entities, aligning the firm's legal home with its operational base.

In preparation for its initial public offering, Flipkart, a major e-commerce platform owned by Walmart, has appointed Jane Duke as its new Chief Ethics & Compliance Officer. The company made the announcement on Thursday, emphasizing the importance of enhancing governance as it navigates this significant corporate milestone.

Duke, who will directly report to Walmart International's Chief Ethics & Compliance Officer, Chris Cyrenne, and collaborate closely with Flipkart Group CEO Kalyan Krishnamurthy, brings nearly three decades of experience. Her prior roles include Vice President at Tyson Foods and Chief Compliance Officer at the US Attorney's Office for the Eastern District of Arkansas.

Significant developments also include the National Company Law Tribunal's approval of merging eight Flipkart entities to align the company's legal domicile with its operational base in India, making it more appealing to public investors and regulators like SEBI.

(With inputs from agencies.)