IPO-linked OYO appoints Satyadeep Mishra as Chief Human Resource Officer

Hospitality platform OYO on February 8 announced the appointment of Satyadeep Mishra as the Chief Human Resource Officer (CHRO) for its technology, product, shared services, international markets, teams.

The company said Mishra will also be responsible for the teams that serve Oyo's international markets, including the US, UK, and Latin America. The appointment comes at a time when the company is looking to grow its data science, design, engineering, and product teams.

OYO Founder and Group CEO Ritesh Agarwal said, “I look forward to partnering with them to grow and grow our teams.”

Mishra joined OYO from Jio Platforms, the digital arm of Reliance Industries, which has a track record of "co-creating and executing people-strategy and end-to-end HR programs and service delivery" with over 20 years. have experience. align with key business priorities”, said the hospitality company.

Dinesh Ramamurthy, OYO's chief human resources officer, will continue to lead people operations for the firm's core markets – India, Southeast Asia and OVH (OYO Vacation Homes) and will "take on board-level responsibilities as part of the ESOP". Will do it". This compensation committee will do many more.

The company said Mishra's appointment comes in the backdrop of OYO's recent announcement to strengthen its technology and product talent pool.

As reported by Moneycontrol, the SoftBank-backed startup plans to launch a $1.2 billion initial public offering (IPO) and is to file an updated draft document with markets regulator Securities and Exchange Board of India.

Oyo filed its draft red herring prospectus (DRHP) in September 2021 and is in the process of responding to queries and clarifications sought by the regulator.