Delhi, December 8, 2024 (Punjab Khabarnama Bureau)- Dhiraj Saxena, the chief technology officer (CTO) at Poonawalla Fincorp Limited, resigned from the company on December 3, citing “harassment and unnecessary interventions” by the chief human resource officer of the firm.
Saxena made the allegations in his resignation letter sent to the company’s leadership in September. His allegations emerged in the public domain on December 6 through a regulatory filing.
Dhiraj Saxena wrote that he could not manage the IT function efficiently because of the HR officer’s interventions. He said the harassment created major unrest within the team, hampering IT delivery.
The chief technology officer claimed he tried his best to collaborate, but “it wasn’t the intention of the other side”.
“I hereby resign from the post of Chief Technology Officer due to harassment and unnecessary interventions of the CHRO, which is impacting me in managing the IT function effectively and efficiently. This is creating major unrest in the team, thereby impacting IT delivery. I have tried my best to collaborate, but it seems it is not the intention of the other side,” CNBC-TV18 quoted the officer in the letter as saying.
Poonawalla Fincorp has not issued a formal statement regarding the resignation of the former CTO.
The resignation came months after Poonawalla Fincorp underwent management changes in June, with HDFC Bank’s Arvind Kapil joining the firm as the managing director and CEO.