Rishit Jhunjhunwala Named New CEO Of Truecaller

Following the transition, Mamedi and Zarringhalam will remain with Truecaller in advisory roles until June 30, 2025, ensuring a smooth handover of responsibilities.

In a statement, CEO Alan Mamedi and Chief Strategy Officer Nami Zarringhalam announced their decision to step down from their operational roles

Source : LinkedIn

Truecaller has appointed Rishit Jhunjhunwala, the current Chief Product Officer and Managing Director of India, as the company’s Group CEO effective January 9, 2025. In a statement, CEO Alan Mamedi and Chief Strategy Officer Nami Zarringhalam announced their decision to step down from their operational roles. Both executives will shift their focus to long-term responsibilities as members of the Truecaller Board and serve as strategic advisors to the company.

Following the transition, Mamedi and Zarringhalam will remain with Truecaller in advisory roles until June 30, 2025, ensuring a smooth handover of responsibilities.

Alan Mamedi and Nami Zarringhalam, Co-Founders and departing CEO and Chief Strategy Officer, said, “After much reflection, we have decided to leave our operational responsibilities at Truecaller. Words cannot express how proud we are of how Truecaller has developed since we founded the company in 2009. We have a fantastic management team in whom we have immense trust, and we have a long-term strategy that everyone supports, and which has started to yield positive results. With these two pieces in place, we are convinced that the company is well positioned for future success to enable us to focus more on long-term strategy. As major shareholders, advisors, and committed board members, we look forward to wholeheartedly continuing to work on Truecaller’s strategy and other board matters.”

”I am very excited as well as honored that the board along with Alan and Nami have appointed me as the CEO. We’re really proud that Truecaller is loved by almost half a billion people globally and with a robust strategy laid down for the years to come. Together with the rest of the management team I look forward to taking Truecaller to even greater heights. Having worked closely with Alan and Nami since 2015, I know these are big shoes to fill, but I am confident to continue tirelessly working towards getting us closer to our mission to make future communication more safe and secure,” said Rishit Jhunjhunwala, incoming CEO of Truecaller. 

Shailesh Lakhani, Annika Poutiainen and Helena Svancar, board members of Truecaller, Noted, “The board of directors is pleased that Rishit accepted the appointment as CEO of Truecaller. Rishit has been instrumental to the company’s success for almost a decade and embodies Truecaller’s positive culture with dedicated focus on product and user experience. In his current role, he has been responsible for the majority of Truecaller’s staff and revenues, and had the primary responsibility for our product development.”