Oberoi Group president Kapil Chopra resignation is believed to have been accepted by Oberoi Group executive chairman Prithviraj Singh (PRS) Oberoi, The Economic Times in India reports.
Oberoi announced Chopra’s departure to all his employees in a memo on December 30, 2017 and informed them about Chopra's decision to take on the role of an entrepreneur.
According to the report, in the lengthy letter written to employees, Oberoi reminisced first meeting Chopra during an interview in 1994 for the position of a management trainee. He went on to mention that Chopra had planned to leave as early as April 2017 but agreed to stay on till a transition plan was created, the report added.
Chopra was promoted to the position of group president in January 2013. Additionally, Chopra, the report stated, has been known to invest in startups and is also the chairman of board for EazyDiner — an app that lets you book reservations for dining out in restaurants and hotels in India and Dubai.
While the memo didn’t disclose Chopra’s future ventures, he will continue to advice Oberoi on strategic sales and marketing efforts, another report added.
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