 "Nalin Negi, BharatPe")
Nalin Negi, CFO and Interim CEO at BharatPe
Fintech agency BharatPe on Tuesday mentioned it has elevated its interim CEO and chief monetary officer Nalin Negi as full-time chief government officer.
Negi was given cost of interim CEO in January 2023 after then CEO Suhail Sameer stepped down from the publish.
“We look ahead to supporting Nalin Negi in his new position and are grateful for his large contribution because the interim CEO. His in depth expertise within the fintech business and the expansion witnessed for BharatPe underneath his management, makes him a pure alternative to guide the corporate,” BharatPe, Chairman of the board, Rajnish Kumar mentioned.
Negi joined BharatPe in 2022, with over 28 years of expertise in constructing and scaling companies within the fintech and banking domains.
“I’m excited and honoured to tackle this new position at BharatPe. Going ahead, our strategic focus will likely be on sustained profitability, scaling lending companies, and launching new merchant-centric merchandise.
“We’re dedicated to constructing on the sturdy basis, fostering monetary inclusion and delivering worth to our retailers, companions, and stakeholders,” Negi mentioned.
Underneath Negi’s management, BharatPe recorded 182 per cent enhance in income from operations in FY’23 and October 2023 was the primary earnings earlier than curiosity, taxes, depreciation, and amortization (EBITDA) constructive month.
BharatPe will institute a seek for the appointment of a brand new CFO, the assertion mentioned.
(Solely the headline and film of this report could have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)
First Printed: Apr 16 2024 | 11:51 AM IST
