Swiggy Strengthens Board by Appointing Noon CEO Faraz Khalid

India’s leading online food delivery and quick commerce platform, Swiggy, has made a significant move to reinforce its board of directors. The company appointed Faraz Khalid, CEO of the prominent Middle Eastern e-commerce platform Noon, as an independent board member. This appointment comes as part of Swiggy’s transition to a more independent and strategic governance structure following its public listing in 2024.

Faraz Khalid is recognized as a seasoned leader with extensive experience in e-commerce and quick commerce sectors. As CEO of Noon, he has driven the company’s growth and helped establish it as a strong player in the regional market through innovative strategies. Additionally, Khalid played a key role as a co-founder of Namshi, a fashion platform that was acquired by Noon in 2023 through a significant investment. His broad expertise and vision are expected to contribute substantially to Swiggy’s future goals.

“Faraz Khalid’s involvement marks a critical turning point”

Swiggy’s founder and CEO, Sriharsha Majety, highlighted that Khalid’s addition to the board marks a crucial milestone in the company’s growth and innovation journey. He emphasized that Khalid’s strategic and operational experience will enhance Swiggy’s competitive edge in the industry.

Furthermore, to support sustainable long-term growth, Swiggy has reappointed Shailesh Haribhakti as an independent board member starting 2026 and appointed former Tata Group executive Cauveri Sriram as company secretary and compliance officer. These governance measures reinforce Swiggy’s commitment to improving corporate governance standards and boosting investor confidence as a publicly traded company.

These steps are key elements of Swiggy’s strategy to maintain its dynamic structure while strengthening its leadership position in the market.