PayU Strengthens Leadership with Five New Board Appointments
On Wednesday, leading online payment solutions provider, PayU, announced a significant expansion of its Board of Directors, appointing five new members. The additions include three Independent Directors and two Non-Executive Non-Independent Directors, bringing the total Board strength to seven alongside PayU's CEO Anirban Mukherjee and CFO Arvind Agarwal.
In light of India's rapidly transforming economy, PayU aims to capitalize on the burgeoning online payments opportunity, projected to reach a $1 trillion Internet economy by 2030, as stated by Anirban Mukherjee. He expressed gratitude for the endorsement of PayU's vision by the newly appointed industry veterans and their commitment to the company's journey.
Renu Sud Karnad assumes the role of Independent Director and Chairperson of the Board of PayU. Karnad shared her enthusiasm for contributing to building a diversified financial services organization that promotes digitization through cutting-edge technology.
Other additions to the Board include Gopika Pant as Independent Director, Jairaj Purandare as Independent Director, Laurent Le Moal as Non-Executive & Non-Independent Director, and Jan Bune as Non-Executive & Non-Independent Director. Each member brings a wealth of experience and expertise, reinforcing PayU's commitment to navigating the evolving landscape of digital financial services.
