INTRO: The ride-hailing giant Uber has appointed Prabhjeet Singh as President of its India and South Asia operations. He is going to be tasked with overseeing the subsequent phase of growth within the company’s mobility business across India, Sri Lanka, and Bangladesh, the corporate said during a handout on Thursday. The post was vacated earlier this year when Pradeep Parameswaran was promoted because of the regional head for APAC. In his new role, Singh will report on to Parameswaran.
Singh, who joined Uber in 2015 from McKinsey and Co, said he was excited about his new role. “I am thrilled to possess been given the responsibility of leading Uber in India and South Asia. (I) anticipate collaborating with exceptional teams and gifted colleagues across the Uber family to strengthen our services and merchandise offerings”, he said during a statement.
Meanwhile, Parameswaran also expressed satisfaction at Singh’s promotion, saying it’ll help expand Uber’s business within the region. “I am confident Prabhjeet will exceed our expectations by leading Uber India SA on to the trail of profitability, further consolidate our partnership with conveyance authorities, continue our growth trajectory by expanding Auto and Moto to subsequent batch of cities, and build iconic teams”, he said during a statement.
The development comes just days after Uber closed its Mumbai office as a part of a worldwide cost-cutting measure. The company had earlier cut 600 jobs in India as a part of a worldwide restructuring process. The job cuts have very much affected employees in customer support, marketing, legal, policy, and other departments. Overall, the corporate laid off a minimum of 6,700 employees globally at the peak of the pandemic-induced lockdowns.