India, May 13 -- Amid rumblings in its top deck, state-backed network ONDC has announced that its current COO Vibhor Jain will be taking up the role of acting CEO with immediate effect. While the network continues to look for its new managing director and CEO, Jain will be taking over all the executive responsibilities of ONDC from now on.

Thus, with this, the network will effectively disband the eight-member executive team which was set up to oversee operations post the exit of ONDC's key management personnel. While CEO T Koshy resigned on April 10, CBO Shireesh Joshi stepped down on March 13.

While the eight-member committee was being led by senior vice president (VP) Nitin Nair, other key officials, tech head Supriyo Ghosh, senior VP...