Deepinder Goyal has announced that he is stepping down from his role as group CEO, Eternal.

Albinder Dhindsa will be taking over as the company's new CEO. 

Goyal shared the update on LinkedIn.

However, he will remain on the company's board of directors as vice-chairperson. 

In a letter to shareholders, Goyal stated, "This is a change in title, not in commitment towards outcomes. Eternal remains my life's work."