OYO Hotels & Homes has recently announced four key elevations in its India senior leadership effective October 1, 2020– Ankit Gupta to CEO, Frontier & Workspaces, Harshit Vyas to COO, India & South Asia, Franchise Business, Abhinav Ankur to Chief Strategy & Transformation Officer and Anuj Bhatnagar to CFO, Business. The decision is in line with the company’s continuous commitment to strengthening its leadership bench to achieve its goals of sustained groOywth, maintaining operational excellence, delivering on its people priorities, and ensuring OYO’s long-term success.
Ankit Gupta joined OYO last year as COO & SVP, Frontier Businesses, and is now CEO, Frontier & Workspaces. Ankit led the Self-Operated portfolio (including OYO Townhouse), OYO LIFE, OYO Campus, and OYO Home, and strengthened OYO’s capabilities in these businesses by driving business outcomes.
One of the youngest CXOs in the hospitality industry, Harshit Vyas is now COO, India & South Asia, Franchise Business. He is one of the first 10 OYOpreneurs and recently completed over 6 years with OYO. He started as a Business Development Manager in Gurgaon and later helped OYO in making a foray into international markets by setting up the local team in Malaysia. As Region Head for West, he led a large team and made the region one of the fastest-growing and most profitable business units for OYO.
Abhinav Ankur, Chief Strategy & Transformation Officer has been with OYO since 2015 and consistently delivered in all his roles in the organisation. During his last role as Head, Strategy, OYO India & SA, Abhinav worked closely with all leaders on cross-functional strategic initiatives to drive sustainable EBITDA for the region.
Anuj Bhatnagar, CFO, Business joined OYO as VP – Finance for Franchise and Demand Channels in January 2020. In a short time, he worked closely with Franchise & Demand Channel leaders to drive significant structural business changes and higher cost efficiencies, improve cash margins and strengthen business tax processes. He joined OYO after a successful stint with Bharti Airtel Ltd, where he played a diverse role over 13 years covering Regional Finance, business finance, FP&A etc. He served as the Global FP&A Head in his last role before joining OYO.
Commenting on this, Rohit Kapoor, Chief Executive Officer, India & South Asia, said, “At OYO, we have always worked towards nurturing meritocracy across levels and are proud to have resilient, robust and diversified leaders. The role enhancement for Ankit, Harshit, Abhinav & Anuj are further steps in this direction.
Their inspiring leadership in the pre-Covid times helped us drive sustainable business growth in the region. When the pandemic started, they helped OYO balance several priorities towards our customers, partners and colleagues and respond to the crisis with agility, innovation, and deftness that was unheard-of. In their enhanced roles, they will help OYO build on its core strengths, capitalize on the green shoots of recovery and come out stronger from the pandemic.