After key exits, PayU India fills 5 senior positions to strengthen top-tier team

Amidst top-level exits from the Nasper-owned PayU India, the company has announced five new appointments to strengthen its leadership team. 

The new appointments include country head, senior vice-president, head of legal compliance, and HR head for PayU India. It also hired a new HR head for credit business.

Noopur Chaturvedi, who was previously leading corporate business and alliances at Airtel Payments Bank has been taken on board as the country head of the small and medium business.

Besides, PayU India has appointed Alim Khan as senior vice- president  (compulsive business). Formerly, he was responsible for managing the government business practice in the online payments solutions company Billdesk. 

Ex Senior Manager at ICICI Bank, Ashish Pathak will now take over as the head of legal and compliance, said the company in a press statement.

Meanwhile, Ashish Chattoraj, who is appointed as the HR Head will be seen establishing and implementing plans for acquiring and retaining talented employees apart from managing performance. Additionally, Priya Cherian will be the new Global HR Head for credit business working towards aligning on the growth strategy for the credit business.

With the expansion in the leadership team across various practices, PayU India is aiming to steer on its growth trajectory.

Last month, PayU India Managing Director Jitendra Gupta had put in his papers after serving for about three years in the company.

Following him, Shailaz Nag, company’s India co-founder & MD too resigned.

After facing key departures from the company, filling up leadership roles was a top priority for the South African conglomerate as the Indian unit contributes over 50% of the total revenue of the company.

At present, PayU provides a payment gateway to over 3,00,000 merchants in India. Airlines and e-commerce being the largest volume processor segments, the firm has recorded a rise of 92% to Rs 588 crore in FY18.

Notably, in July, Anirban Mukherjee led PayU acquired a major stake in Singapore’s largest digital payments firm Red Dot Payments, which is now valued at about $65 million.