Oyo parent Prism announces leadership realignment for global growth

PRISM, Oyo’s parent company, on Friday announced realignment for its top leadership positions to boost the company’s global growth across its largest markets and further support its premiumisation factor, as per its release. The global travel-tech company has elevated Ankit Tandon as its chief operating officer (COO), PRISM, and chief executive officer (CEO), Europe. As its CEO, Tandon currently looks after Oyo Vacation Homes, the company’s vacation rental firm in Europe. He had graduated from IIT Madras in 2003 and worked in McKinsey and Company before being a part of PRISM for over 10 years, the release noted.