Paytm strengthens leadership team, appoints Amit Nayyar as president
Digital payments and e-commerce company Paytm has strengthened its leadership team with the appointment of Amit Nayyar as president to head its financial services vertical. Nayyar will report to Paytm’s founder and CEO Vijay Shekhar Sharma.
Paytm had recently promoted its chief financial officer Madhur Deora to president of its group business to take care of all the verticals.
The company has been reshuffling its leadership team since January this year and making new appointments as it looks for growth across all verticals.
"As we focus on expanding our offerings in financial services, we are excited to welcome Amit to the Paytm team. His experience and track record in the BFSI sector will help us accelerate our vision of bringing new-age Financial Services to Indians," Vijay Shekhar Sharma, founder and CEO of Paytm said in a statement.
Commenting on his appointment, Nayyar said, "I am thrilled to be part of the team that has transformed digital payments and leading the paradigm shift in financial services.”
Nayyar is a MBA graduate from IIM-Bangalore and in has past has had long stints with Goldman Sachs and BoFA Merrill Lynch.
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