Naspers-owned PayU, a leading online payments service provider, today announced the appointment of Anirban Mukherjee as Chief Executive Officer of PayU India, reporting to Laurent Le Moal, CEO, PayU Global. As well as leading PayU’s Indian business, Anirban joins PayU’s global leadership team to support its ambitious plans to unlock innovative credit and financial services for underserved populations in high-growth markets.

Anirban brings to PayU two decades of experience in global payments, credit, and digital banking gained in the US, India, and broader Asia-Pacific region. He has long been at the forefront of a changing financial services landscape and understands the opportunities exceptionally well. In his new role, Anirban 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. Anirban will also lead PayU into new fintech product categories that are aligned with PayU’s global strategy, such as remittances and credit.

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”.

“The business and regulatory environment in India creates great opportunities for PayU to further build on its strong position in payments and launch innovative new products and services, including offline solutions and credit. Anirban’s impressive track record, business leadership, and broad international experience will be of tremendous benefit to the company to capitalise on the enormous growth opportunities we see in both India and beyond. I am confident that under Anirbans’s leadership, our business will grow from strength to strength”, he added.

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”.

Most recently, Anirban was part of the leadership team at Jio, where he drove payments, merchant services, and digital financial services, serving as the Co-CEO of Reliance Payments Solution Ltd. Prior to Jio, Anirban worked with Standard Chartered Bank in India and APAC and with CapitalOne as a senior executive leader in the US. He has an MBA degree from Indian Institute of Management, Ahmedabad and is an alumnus of IIT, Kharagpur.