Manu Kumar Jain, Global VP and former Indian head at Xiaomi has announced his resignation from the company after a stint of nine years.
The move comes amidst the ongoing legal battle between Enforcement Directorate and Xiaomi over alleged Foreign Exchange Management Act (FEMA) violation by the company.
Jain announced the move in a Social media post.
“Change is the only constant in life. Last 9 years, I’m lucky to have received so much love that it makes this goodbye so difficult. Thank you all. After nine years, I am moving on from the Xiaomi Group. I feel confident that now is the right time, as we have strong leadership teams across the world. I wish the Xiaomi teams globally all the best and hope they achieve even greater success.
These last nine years were truly phenomenal and I will forever cherish the love and support I have received from fans, partners, team members and friends. I am lucky to have experienced something so special that it makes saying this goodbye very hard. I will forever carry a piece of Xiaomi within my heart,” he wrote.
Jain said that over the next few months, he will take some time-off, before taking up his next professional challenge.
“I am a builder at heart and would love to build something new, ideally in a new industry. I am proud of having been a small part of the ever growing startup community, twice. I hope to return to it with another fulfilling challenge.
Nothing is impossible if people with the right intent come together. If you have interesting ideas that can empower millions, I would love to talk,” he added.
Jain adds to the top level executives exit from the company, before his resignation
In December 2022, the company’s Chief Business Officer, Raghu Reddy and in January 2023 General Manager of Marketing, Sumit Sunal also quit.
