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PayU elevates Sudhir Sehgal as CBO; expands its India Payments business leadership team

PayU’s existing senior executive, Mohit Gopal will take on a new position as the Chief Operating Officer

PayU has announced the appointment of three senior leaders to its team. Mohit Bedi has been roped in as the Senior Vice-President (SVP), to lead strategic initiatives and the Bill Payments business, and Vineet Sethi, as SVP to lead PayU’s Diversified Financial Services portfolio.

Apart from this, the company has also roped in Narendra Babu as the Chief Technology Officer for the India Payments business.

PayU’s existing senior executive, Mohit Gopal will take on a new position as the Chief Operating Officer, while Sudhir Sehgal has been elevated as the Chief Business Officer.

Bedi joins PayU after serving many leadership positions for financial institutions such as Axis Bank, Standard Chartered, Barclays, and Citibank. He has two decades of experience in developing and executing strategies that helped increase payment volume and secure long-term revenue with key business partnerships. In his last stint with Axis Bank, he was heading the merchant acquiring business for India.

Sethi joins the PayU ranks with over two decades of experience in the BFSI sector and a successful track record of building and scaling business lines. His last stint was with the neo banking fintech firm, Niyo, where he worked as a Chief Marketing Officer (CMO) and was instrumental in building and scaling their flagship offerings - Niyo Global and NiyoX.

Mohit Gopal, Chief Operating Officer, (COO) has been a key contributor to PayU’s growth in India and has worked extensively in many diversified roles across the business, strategy, and operations verticals over the last five years. Sudhir Sehgal, Chief Business Officer, (CBO), has helped scaleup the company’s enterprise payments business and has successfully led the strategy, development, and distribution of PayU’s domestic and international payments for its enterprise merchant portfolio.

This fortified India payments business leadership team will steer PayU’s growth to achieve its vision of developing a full-stack digital financial services platform to serve the tapped and untapped financial needs of merchants, banks, and consumers through technology.

Anirban Mukherjee, CEO, PayU India, said, “We are delighted to have top industry talent join us at this opportune time with the company heralding a new growth journey. The added firepower to our leadership team will help us further the company’s trajectory of success and help us diversify into broader digital financial services. Each one of these new executives brings a plethora of experience with them that resonates with our vision of supporting India’s ongoing systemic change of better financial inclusion by meeting the needs of merchants, banks, and consumers through our platform. I look forward to partnering with them as we transform our business for the future.”

“As we continue to invest in talent and support our proven leaders, we are focused on identifying our most effective executives and putting them in roles where they can have the greatest impact on our business,” he added.

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