Top Story

e4m_logo.png

Home >> Digital >> Article

Paytm appoints ex-Citigroup executive Madhur Deora as Chief Financial Officer

07-October-2016
Font Size   16
Paytm appoints ex-Citigroup executive Madhur Deora as Chief Financial Officer

Paytm, has announced the appointment of Madhur Deora as its Chief Financial officer (CFO) and Senior Vice President. Formerly with Citigroup Investment Banking as Managing Director, Deora brings experience in identifying new opportunities for emerging businesses and contributing to their growth. At Paytm, he will also be responsible for building and managing the company’s newly formed financial services business.

Deora has over 17 years of investment banking experience, most recently as Managing Director in Mumbai, handling Citi’s TMT and Private equity clients. An Economics student from Wharton School, he has led several important transactions in the internet space. In 2015, he also led the fund-raising discussions for Paytm with Ant Financial.

Speaking on Deora’s appointment, Vijay Shekhar Sharma, Founder and CEO - Paytm said, “Madhur has been a long-term friend and partner of Paytm. I am extremely happy to welcome him onboard. His expertise will help us to build our newly formed financial services business into one of the largest from India."https://ssl.gstatic.com/ui/v1/icons/mail/images/cleardot.gif

Commenting on his new role Deora said, “I am looking forward to my journey with Paytm. This is going to be a phenomenal learning experience for me. I have great respect for what the company is building and look forward to using my experience and skills to further support this incredible growth.”

Tags paytm Citigroup Madhur Deora

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

The campaign, featuring brand ambassador Farhan Akhtar, exhorts consumers to showcase their achievements through the walls of their homes.

We list a few important stories that you may have missed in the week gone by

The campaign takes the narrative forward to persuade prospective investors to invest in mutual funds