Sept 18 (Reuters) - Amazon.com ( AMZN ) named 25-year
veteran Samir Kumar as its new India head on Wednesday,
replacing Manish Tiwary who stepped down after an eight-year
stint last month.
Kumar, who was part of the team that launched Amazon India
in 2013, will take over from Tiwary on Oct. 1 in addition to his
current role of heading Amazon's ( AMZN ) consumer businesses in the
Middle East, South Africa and Turkey.
Amazon ( AMZN ) had previously said Tiwary had resigned to pursue an
opportunity outside the company, without elaborating.
The change in leadership comes as Amazon ( AMZN ) is fast expanding
in India where it plans to invest $26 billion by 2030, but also
faces a strict regulatory environment that forces it to run only
a marketplace.
"India remains an important priority for Amazon ( AMZN ), and I am
super excited about the opportunity ahead," Amit Agarwal, senior
vice president for emerging markets at Amazon ( AMZN ), said.