Paytm’s parent company One 97 Communications Ltd has elevated Bhavesh Gupta to the President and COO of the payment app. The company revealed the appointment in its stock exchange filings.

Gupta is a banker with over two decades of experience and has led the digital transformation journey of some of the top retail banks and NBFCs in the country. Prior to Paytm, he served as the Founding Member & CEO of Clix Capital, earlier known as GE Capital India. There he focused on building a well-diversified NBFC in digital consumer and MSME lending along with urban affordable housing segment driven by cutting edge technology and analytics to deliver simple, fast, innovative, and customised solutions to customers. Prior to this role, he was Founding Member and Head – SME & Business Banking at IDFC First Bank for two years. Gupta spent more than a decade at ICICI Bank where he played a senior role across retail banking, both on liabilities and lending side of the business.

In its filings, One 97 Communications said that Gupta in his new role will lead verticals of lending, insurance, offline and online payments and consumer payments. He will also head initiatives for user growth, operations risk, fraud risk and compliance.

Read more news about (internet advertising India, internet advertising, advertising India, digital advertising India, media advertising India)