Adobe India head Dr. Naresh Gupta to quit March-end, plans to start a new venture

Adobe India’s Managing Director Dr. Naresh Gupta has resigned from his post after working with the company for 19 years. According to Times of India, Dr. Gupta intends to start his own venture in financial markets. Naresh Gupta, who also handles the company’s global print and publishing business, will leave the company by end of March. There is no information provided by the company as to who will take over in his place. “Naresh Gupta has played a key role in shaping Adobe’s technology and global business strategy and has built a world-class R&D operation in India.” said Adobe CEO Shantanu Narayen. Dr. Naresh Gupta is a computer scientist in Adobe’s corporate research group and has conducted research in the area of image processing and understanding. This work led to five technology patents, which became some of the key features in Adobe Photoshop and other Adobe products. The R&D operations in India comprises more than 3,000 employees across two sites, Bengaluru and Noida, and contributes to engineering across all of Adobe’s businesses. On his exit from the company, Dr. Gupta said that, “Leaving Adobe has been the toughest decision of my life; the company is growing and is going through the strongest period I’ve seen in my career here. However, I am excited to pursue my passion for entrepreneurship in financial markets.”