Facebook India MD Umang Bedi quits

Facebook India MD Umang Bedi quits

Umang Bedi, who joined leading social media giant Facebook, as Managing Director, India and South Asia in June 2016, is moving on from the company.

Facebook India, in a statement, confirmed the development, saying, "Umang Bedi will be leaving his role at Facebook at the end of this year". "He's built a really strong team and business during his time with us, and we wish him all the best", a spokesperson for the company told Gadgets 360.

Facebook had roped in Bedi as its Managing Director, India from Adobe where he served as Managing Director of the South Asia region.

Bedi joined Facebook in the year 2016 from Adobe India. He replaced Kirthiga Reddy as the managing director for Facebook India past year. Sandeep Bhushan has been named the interim managing director, as per Facebook.

According to PTI, Bedi is looking forward to start an entrepreneurial venture of his own. He handled the new revenue streams from FMCG advertisers for Facebook.

More news: Delta Air Lines, Inc

A year ago in May, Nasscom teamed up with Facebook to build a 'Product Design Initiative, ' aimed at supporting more than 500 product startups in the country.

"Our vision for business in India is to be loved and become a trusted brand, to be deeply integrated into the fabric and to provide the experiences which are relevant and valuable to all people who are on our platform, including partners", Bedi noted.

Reddy stepped down soon after Facebook shut down "Free Basics" in India following an order by telecom regulator Trai barring operators from charging discriminatory rates for Internet access based on content.

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