Naspers-owned PayU, a leading online payments service provider, has a new Chief Executive for its Indian operations in Anirban Mukherjee.

Besides leading PayU’s Indian business, Anirban will join PayU’s global leadership team to support its ambitious plans to unlock innovative credit and financial services for under-served populations in high-growth markets.

Most recently, Mukherjee was co-CEO of Reliance Payments Solutions Ltd and was part of the leadership team of Jio, where he drove payments, merchant services, and digital financial services,

Mukherjee will now report to Laurent Le Moal, CEO, PayU Global.

In his new role, Mukherjee will be responsible for all the operations and business lines of PayU India. In addition, he will identify investment opportunities to build out Naspers’ fintech ambitions, helping these companies scale by leveraging existing assets and infrastructure.

Mukherjee will also lead PayU into new fintech product categories that are aligned with PayU’s global strategy, such as remittances and credit.

He brings to PayU two decades of experience in global payments, credit, and digital banking gained in the US, India, and broader Asia-Pacific region. Laurent Le Moal, CEO, PayU Global, said: “Attracting someone of Anirban’s calibre into the business is a great endorsement of our strategy and ambition. We are very pleased to have Anirban on board as a part of PayU's Global Leadership team and I look forward to us benefitting from his wealth of knowledge and experience as we push through our next phase of innovation, focused on payments, credit, and fintech investments”.

Commenting on his appointment, Anirban Mukherjee said, “PayU has a great global culture, amazing market capability and a strategy that has led the company to become one of the most exciting companies in the fintech industry. The pace of change in today’s global fintech market is exceptional. I am thrilled to join PayU’s global leadership team during such an extraordinary growth period of the fintech industry, in general, and the company in particular. I can't wait to lead PayU India into our next phase of growth, where we will combine business and product innovation to unlock future growth opportunities and build a robust credit ecosystem in India”.

srivats.kr@thehindu.co.in