Twitter's India, Southeast Asia MD Parminder Singh quits

Just two days after Twitter Inc.'s India head Rishi Jaitly resigned, the micro-blogging company's managing director for India, South East Asia and Middle East and North Africa (MENA) region, Parminder Singh has stepped down, amidst reports of a potential sale of the firm.

In a series of tweets on Thursday, Singh said that he would be leaving the company after a three-year stint. He has previously worked with Google, IBM, and Apple, and had joined Twitter in November 2013.

"Next steps – explore disruptive models to add value to digital content in Asia and step up pace to use technology in future," Singh tweeted on his next move.

Maya Hari is Twitter's new managing director of Southeast Asia and India and will report to Aliza Knox. Maya previously managed Twitter's ads product strategy & adoption for Asia Pacific, MENA and Latin America.

An update. After leading Twitter in Asia's most exciting markets (India/SEA/MENA) for 3 yrs, time to move on to new passions #BeenAPrivilege

— Parminder Singh (@parrysingh) November 3, 2016

"We thank Parry for his contributions and leadership over the past three years at Twitter. He has been instrumental in setting up a strong business foundation across Southeast Asia, India and MENA, including some of our most promising emerging markets. Parry felt now is an appropriate time for him to pursue other passions and work on his next adventure to help a content-based startup in Singapore and India" a Twitter spokesperson said in a statement.

Two months ago, Twitter's Asia chief Shailesh Rao quit the micro-blogging platform after a four-year stint.

There have been several media reports over the last few months of a potential sale of the San Francisco-based Twitter Inc., as it grapples with losses.

The company reportedly held preliminary talks with several technology firms, including Google Inc. and Salesforce.com Inc. and is expected to receive a formal buyout bid soon.

In September, Twitter decided to stop global engineering work at its development centre in Bengaluru and laid off employees, citing a business review process. Another report said Twitter is planning to cut 300 jobs globally.

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