Lyca Group appoints new Group CEO
• Navanit Narayan, currently Group Chief Operating Officer, has been promoted to Group CEO with immediate effect
• The appointment comes as part of Lyca Group’s ongoing international expansion and its drive to develop new, value-added digital businesses globally
Lyca Group, the British multinational service provider and owner of Lycamobile, is proud to announce, the appointment of a new Group CEO as it continues its international expansion.
In recognition of his immediate and significant contribution to the business, Navanit Narayan, Lycamobile’s Group Chief Operating Officer, has been promoted to Lyca Group CEO with immediate effect.
Navanit has over 30 years’ experience supporting the growth of businesses across a variety of sectors, including manufacturing, consulting, and IT. His rich and diverse career has seen him working within operations management, strategy, business transformation and managing strategic business units globally. Prior to joining Lycamobile, he worked at major global telecoms brands including as a Director at Nokia, and as Chief Service Delivery Officer at Idea Cellular. He most recently held the position of Chief Strategy Officer and Operations Director at Vodafone Idea following the merger between the two companies.
Since joining Lycamobile in October 2020, Navanit has proved himself a valuable member of the team. He has had an immediate impact, installing strong local leadership teams in foreign markets, and spearheading the digital transformation of the national business.
His appointment comes at a crucial time in the Lyca Group 2021 strategy, as the firm enters its next stage of growth - developing its national network and expanding adjacent businesses to meet the evolving demands of our growing customer base.
Subaskaran Allirajah, Lyca Group Chairman said:
“I am delighted to have him on board as Group CEO. Since joining the business, he has made an immediate and impressive impact on the Group and the team. As we evolve our brand to reach new market segments; strong leadership and clarity of vision are key to success. I look forward to working with him as we lead Lyca Group through this exciting next stage of our journey.”
Navanit Narayan, Lyca Group CEO said:
“I am extremely proud to have been offered the opportunity to set the course for Lyca Groups next stage of growth. At a time of global change and uncertainty, placing customers and digital capabilities at the centre of our business will undoubtedly support our growth ambitions. We have a tremendous leadership team and key global partners ready to take the business to the next level. I would like to thank them for their support and dedication as I step into my new role as Group CEO.”