Traveloka’s CTO Steps Down

7 months ago . 1 min read
MP
Marella Putri
Writer at Forbes Indonesia
Traveloka’s CTO Steps Down

After developing Traveloka for a solid 6 years until it became one of Indonesia’s first unicorns, Co-Founder and Chief Technology Officer (CTO) Derianto Kusuma announced his resignation from the travel startup today. His resignation will be effective as of November 30, 2018, while replacement for a new CTO has already been in order.

“Deri has played an unparalleled role in Traveloka’s development and success by building, scaling, and making not only sustainable technology capability and systems, but also a sustainable organization,” said Ferry Unardi, CEO of Traveloka, in a press statement.

Traveloka has been growing very fast and recently spreading its footprints in the Southeast Asian region. Their tech offices have been expanded to Singapore and Bangalore, and tech talent base into more than 12 nationalities during this period.

There is no explanation of Derianto resignation in Traveloka’s statement. However, Derianto gives a hint of his resignation reason in his writing in an online publishing platform Medium.com at the same day the press release by Traveloka was announced:

“As was my original goal, I have tried to bring the company as close as possible to Silicon Valley tech company ideals that is still possible within the constraints of the battles and landscape dynamics in Southeast Asia. However, starting a few years ago, the battle starts to show trends towards being more commercially-driven than innovation-driven, predatory than productive, perception-oriented than fundamentals-oriented,” Derianto said.

Going forward, Derianto said he would remain in the startup industry, aiming to improve lives in Southeast Asia in general through technology.

MP
Written By
Marella Putri
Writer at Forbes Indonesia
Topics
Technology