Anirban Mukherjee, the current Chief Executive Officer (CEO) of PayU India has been elevated as CEO of PayU. In his new role, Anirban will join the Prosus leadership team and report directly to Ervin Tu, Prosus and Naspers Interim CEO. He will be responsible for the overall business operations of PayU. Laurent Le Moal will step back from the operational management of the day-to-day business but will remain with Prosus and PayU in an advisory capacity.
“Our focus is to fortify our position by placing our customers at the core of our operations, capitalising on India’s immense fintech potential, and concurrently establishing the highest standards of governance, risk mitigation, and compliance to align with the regulator’s progressive vision for India’s financial ecosystem,” PayU said in a statement.
Anirban Mukherjee, CEO – PayU said, “PayU is built in India for India and beyond, and today we run a successful payments and credit business riding on a locally rooted technology stack. Our ambition is to outpace the market with strong profitability. We’re deeply committed to driving digitization and financial inclusion, especially for small merchants. The synergy of the government’s Digital India initiative and RBI’s forward-thinking regulation presents a significant opportunity for PayU to build a robust fintech franchise out of India. Prosus has been vital in PayU’s growth, and we will collaborate closely with Ervin and the Prosus team as we enter the next phase of PayU’s journey in India and Southeast Asia.”