The board of directors of Truecaller has promoted Rishit Jhunjhunwala as Group CEO, effective January 9, 2025.
This announcement comes as current CEO Alan Mamedi and Chief Strategy Officer Nami Zarringhalam step down from their operational roles to focus on their board duties and serve as strategic advisors to the company.
The board of directors has expressed its confidence in Jhunjhunwala, highlighting his contributions to the company’s success over the past decade.
Shailesh Lakhani, Annika Poutiainen, and Helena Svancar, board members of Truecaller, praised Jhunjhunwala’s dedication to product development and user experience.
Rishit Jhunjhunwala: CEO of Truecaller
Rishit Jhunjhunwala, who has been with Truecaller since 2015, will take on the role of CEO after serving as the Chief Product Officer and Managing Director of India operations.
In his new role, Rishit expressed his excitement and honor at being appointed as CEO.
He acknowledged the challenge of filling the shoes of Mamedi and Zarringhalam but expressed confidence in continuing to work towards Truecaller’s mission of making future communication safer and more secure.
Rishit has been responsible for Truecaller’s product teams and has overseen the company’s two major revenue streams.
Born and raised in India, Rishit moved to Sweden in 2015 and has been instrumental in the company’s growth.
His expertise, particularly in the areas of advertising and Truecaller for Business has been pivotal.
He has previously worked with companies like July Systems and Verity Technologies. He is also the co-founder of CloudMagic.
With Rishit at the helm, Truecaller aims to continue its growth trajectory and expand its user base.
The company is committed to enhancing its services and ensuring that communication remains secure and reliable for its users.
Leadership Transition and Future Plans
During the transition period, Alan Mamedi and Nami Zarringhalam will continue to be employed by Truecaller.
They will operate as advisors until June 30, 2025, to ensure a smooth handover.
The board of directors has also rescheduled the publication of Truecaller’s interim report to accommodate these changes.
The appointment of Rishit Jhunjhunwala as Truecaller’s new CEO marks a new chapter for the company.
With a strong leadership team and a clear vision for the future, Truecaller is poised to achieve greater heights.
Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates, Subscribe to our Channels. WhatsApp– Click Here, Google News– Click Here, YouTube – Click Here, and LinkedIn– Click Here.
