TV Mohandas Pai and Rajnish Kumar to join Byju's newly constituted advisory council

Edtech giant Byju's said early investor TV Mohandas Pai and State Bank of India former chairperson Rajnish Kumar will join the newly constituted Advisory Council to advise and mentor BYJU'S Board and its CEO on crucial matters of the company.

"I have agreed to join BYJU’s advisory council to help them resolve governance issues. I consider it my duty to help young entrepreneurs in times of need. I was not offered a board position; offered an advisory role which I’ve accepted. BYJU’s has clarified on the ED matter already. I'm convinced in the entrepreneurial strength of Divya and Byju Raveendran. It helps that someone of Mohandas Pai’s stature would also be joining the advisory counci," said Rajnish Kumar, who was also a former chairman of Ashneer Grover-founded BharatPe.

"Rajnish Kumar and TV Mohandas Pai have accepted their invitation to join the company's newly constituted Advisory Council...The appointment of these two esteemed thought leaders in finance and governance to the Advisory Council underscores BYJU'S commitment to enhancing its financial governance mechanisms and leveraging expert advice to drive sustainable growth and strategic decision-making," the company said in a statement.

"We are truly honoured to welcome Rajnish Kumar and T V Mohandas Pai in the BYJU'S Advisory Council. Their decision to join this council is a resounding vote of confidence in our mission, vision, and strategic direction. Their unparalleled leadership experience and deep understanding of the finance and technology domains will greatly enrich our strategic initiatives and strengthen our governance," said Divya Gokulnath and Byju Raveendran, Founders of BYJU'S.

The development follows the appointment of upGrad's former CEO as the CEO of its international business. 

Speaking on the appointment, Mohandas Pai, said, "Byju and Divya are amongst the most impressive entrepreneurs I have worked with from the startup ecosystem. Since our first contact more than a decade ago, they have built the largest edtech company globally and amongst the largest startups in India. I see in them the drive to build the group into a successful corporation, and to ensure they deliver upon their mission in this sector as a category creator and market leader."

"As part of the Advisory Council, I look forward to advising the leadership in evolving the systems of governance and financial reporting, as well as to grow an organisational structure that can serve as a resilient foundation for the future of the company," he added.

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