Seasoned compliance expert Jane Duke to strengthen governance and ethical oversight as Flipkart moves closer to an India IPO
Walmart-owned Flipkart has named Jane Duke as the group’s Chief Ethics and Compliance Officer (CECO), a strategic hire aimed at bolstering governance as the ecommerce giant prepares for its initial public offering.
Duke will report to Chris Cyrenne, Chief Ethics and Compliance Officer at Walmart International, and collaborate closely with Flipkart Group CEO Kalyan Krishnamurthy.
Bringing nearly 30 years of experience in public-sector enforcement and corporate compliance, Duke’s most recent role was as Vice President and Associate General Counsel at Tyson Foods, where she also served as Chief Compliance Officer. Earlier in her career, she spent over a decade at the US Attorney’s Office for the Eastern District of Arkansas, including a four-year tenure as US Attorney beginning in 2007.
“Her extensive experience across ethics, compliance, and governance in complex, global organisations will add significant value in reinforcing our commitment to transparency and ethical business practices. Jane’s leadership will play a critical role in supporting sustainable, long-term value creation for all stakeholders. As we continue to scale, building strong institutional foundations and a culture of integrity is central to how we create long-term value,” Krishnamurthy said.
In parallel, Flipkart is advancing its corporate restructuring in India. In December 2025, the National Company Law Tribunal (NCLT) approved the merger of eight Flipkart entities, bringing the company a step closer to establishing an Indian domicile.
The tribunal sanctioned the Scheme of Amalgamation, under which eight Singapore-incorporated entities, including Flipkart Health, Flipkart Marketplace, and Flipkart Private, will merge into Flipkart Internet Private the Bengaluru-based operational arm.
The merger now awaits approval from the Singapore court before proceeding to the Registrar of Companies (RoC) in India. Sources note that this step is also subject to clearance under Press Note 3, which requires government approval for investments from countries sharing a land border with India.
Legal analysts describe this restructuring as a classic “reverse flip,” aligning Flipkart’s legal domicile with its operational base, a move intended to enhance its appeal to public investors and regulators like SEBI ahead of its India IPO.
