Swiggy strengthens board independence with new appointment

Food delivery and quick commerce giant Swiggy on Friday announced the appointment of Faraz Khalid, CEO of West Asian e-commerce platform Noon, as an independent director and the exit of two key investor representatives from the board.

“Faraz is among the most visionary leaders in e-commerce, bringing extensive expertise in integrating advanced technology, scaling operations, and delivering superior customer experiences,” said Sriharsha Majety, founder and group CEO of Swiggy, in a statement to stock exchanges.