PayU strengthens India leadership team with 5 new hires

PayU, a fintech company that provides payments technology to online merchants, has strengthened its top management team for the Indian operations with five new appointments.

The company has appointed Alim Khan as senior vice president of compulsive business division. Khan will be leading the company’s efforts in strengthening and scaling the government business vertical.

Prior to joining PayU, Khan led the government business practice at Bill Desk.

Noopur Chaturvedi has been appointed as the country head for small and medium businesses. Prior to joining PayU, she has worked with Airtel Payments Bank where she led the corporate business and alliance vertical. She has also worked with Citibank, ING and Samsung.

Ashish Pathak, a senior business lawyer with 18 years of experience, will head the legal and compliance division of the company. He has previously worked with ICICI Bank as senior group head and joint general manager.

Ashish Chattoraj has been appointed as head of human resources. He is a management graduate from Xavier Institute of Social Services and has over 17 years of experience in the industry.

Priya Cherian will head global HR for the credit business. She has worked with Alibaba, Flipkart, Yahoo, WorkFlowOne and  Reynolds & Reynolds.

PayU India was launched in 2011 as a unit of Gurugram-based ibibo Group, which is controlled by Naspers Group. In February 2014, ibibo hived off PayU India to Naspers for a stake in the global payments business of the Cape Town-based conglomerate.

PayU entered India as a payment gateway solutions company for ecommerce companies and subsequently launched wallet services in 2014.

In September 2016, PayU had bought Mumbai-based rival Citrus Pay for $130 million (Rs 865 crore then)

The company witnessed a slew of top level exits in recent times.

PayU’s India founder and managing director Shailaz Nag resigned from the company last month, The Economic Times reported. His departure came just days after Jitendra Gupta, managing director of India operations heading its lending business LazyPay, resigned.

PayU India CEO Amrish Rau had stepped down from the company earlier this year to take up a broader role at Naspers.