Sony India’s Managing Director NP Singh has announced his decision of stepping down from his role after nearly 25 years at the company.

Singh released a statement, confirming the social change he is ready to take and mentions that he will be having an advisory role, rather than a operational one.

“My commitment to SPNI and its success remains strong. During my time here, we have established industry benchmarks, expanded our reach, and achieved many noteworthy accomplishments. I am dedicated to ensuring our legacy of success continues and grows under the new leadership,” read the statement.

However, he stated that he will be leading the conglomerate until a right person is appointed to take his place, for which the firm has already prepared a structured planning. Singh also urged everyone to rely on their official updates, and refrain from any speculations.

Singh joined Sony India in June 1999 as its CFO (Chief Financial Officer) and was later promoted to COO (Chief Operating Officer). He was appointed as MD and CEO of the company in 2014.

Earlier, he has held leadership positions across finance and operations in organisations such as Modi Xerox, ModiCorp, Spice Telecom, and Hindustan Copper Ltd.

TOPICS: Sony