Correct Answer : Anirban Mukherjee
PayU India's Chief Executive Officer (CEO) Anirban Mukherjee has been promoted to the role of global CEO of PayU in a big management rejig on October 3, 2023.
"In his new role, Anirban will join the Prosus leadership team and report directly to Ervin Tu, Prosus and Naspers Interim CEO. He will be responsible for overall business operations of PayU," PayU said in a media statement.
This comes just two months after Netherlands-based investment firm Prosus announced that the fintech arm PayU is selling a part of its business to Israel’s Rapyd for $610 million.
PayU announced selling its Global Payments Organisation (GPO), which provides e-commerce payment solutions for global merchants in over 30 countries across Latin America, Central and Eastern Europe and Africa.
Laurent Le Moal who was the global CEO prior to Mukherjee's appointment will step back from the operational management of the day-to-day business but will remain with Prosus and PayU in an advisory capacity, the statement said.
In fact, PayU is looking to list in India sometime next year, sources said. The fintech firm is looking at a valuation of $6-6.5 billion. In 2022, PayU appointed former Nykaa Chief Financial Officer (CFO) Arvind Agarwal as its CFO in November 2022..
Source : Money Control
