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Realme’s Chief Executive Officer (CEO) Madhav Sheth has been promoted to a new global role within the company, signaling a shift in the company’s leadership. As part of his new position, Sheth will be responsible for overseeing Realme’s operations in multiple regions, with a focus on expanding the company’s reach in new markets.
The move comes as Realme prepares to announce a new India head to replace Sheth, who has been at the helm of the company’s Indian operations since its inception. The company is expected to make an announcement about the new appointment soon.
Sheth has been instrumental in Realme’s growth in India, where the company has gained a significant market share in the highly competitive smartphone market. Under his leadership, Realme has also expanded into other product categories, including audio, wearables, and home appliances.
In a statement, Sheth said he was excited about his new role and was looking forward to working closely with Realme’s teams across the world. “Realme has achieved remarkable success in a short period of time, and I am proud to have been a part of this journey. I am excited to take on this new challenge and help the company grow even further,” he said.
Realme, which was founded in 2018, has quickly established itself as a major player in the smartphone industry, thanks to its innovative and affordable products. The company has a strong presence in India, Southeast Asia, Europe, and other regions, and is looking to expand its global footprint in the coming years.
The appointment of a new India head is expected to bring fresh energy and perspective to the company’s operations in the country, which remains a key market for Realme. The company has hinted that it has ambitious plans for India, and the new leadership is expected to play a crucial role in realizing those plans.
Realme’s leadership reshuffle comes at a time of significant change in the tech industry, with the pandemic accelerating the shift to digital technologies and changing consumer behavior. As companies adapt to these changes, Realme’s new leadership team will need to be agile and innovative to stay ahead of the curve.