Paytm Payments Bank Appoints Former ICICI Bank Executive as CFO

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Paytm Payments Bank Appoints New CFO

Sudhanshu Jain, former bank executive at ICICI, has been appointed as the new Chief Financial Officer of the Paytm Payments Bank.

Sudhanshu comes with an experience of 14 years in banking sector and financial operations.He has expertise in internal audit, finance and borrowing roles. Prior to his new position, Jain worked as the head of the foreign desk of ICICI bank for 11 years.

“It gives me immense pleasure to welcome Sudhanshu on board. I am confident his expertise in financial services will help us build innovative digital-first offerings for our users. It would also help us in our expansion efforts of reaching half a billion users with a first-of-its-kind banking model,” said Renu Satti, Managing Director and Chief Executive of Paytm Payments Bank, in a statement.

Sudhanshu earned his commerce degree from St Xavier’s College, Kolkata, and holds degrees in Charted Accountancy and Company Secretaryship.

With Sudhanshu’s arrival to the team, Paytm Payments Bank is trying to devise strategies to expand the business globally. Presently the company is planning to make its US entry.

 

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