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Nitish Mittersain

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Nazara now has a new CEO, Executive Director and CFO. Why is the founder stepping back now?

Nazara Technologies Limited has completed another stage of its founder succession, with Nitish Mittersain moving from Managing Director to a non-executive board role while CaratLane co-founder Mithun Sacheti becomes Executive Director. The company has also changed Chief Financial Officers, creating a significantly different leadership structure only weeks after installing Raymond Stauffer as Chief Executive Officer.