India, Jan. 27 -- After about three decades of scaling enterprise tech giant Zoho as its CEO, Sridhar Vembu has stepped down from his role as group CEO.

In a post on X, Vembu said that he will be taking up the role of Chief Scientist and will be responsible for deep R&D initiatives at the company.

"In view of the various challenges and opportunities facing us, including recent major developments in AI, it has been decided that it is best that I should focus full time on R&D initiatives, along with pursuing my personal rural development mission," his post read.

Zoho's cofounder and vice president of the company's IT management division ManageEngine, Shailesh Davey, will take up the role of group CEO. The other cofounder, Tony Thomas, wi...