Noida: Paytm has elevated Bhavesh Gupta as the company’s President and Chief Operating Officer (COO) to strengthen its lending operations amid intensifying competition in the digital lending space. He was previously the Senior Vice President at Paytm. Gupta will continue reporting to Vijay Shekhar Sharma, managing director and chief executive of Paytm.
Bhavesh will now lead verticals of lending, insurance, payments–online and offline, consumer payments and drive key initiatives including user growth, operations risk, fraud risk and compliance, according to a stock exchange filing on May 16 by One 97 Communications Limited, which owns the fintech.
According to the company’s statement, Gupta is a financial services professional with over 25 years of experience building businesses grounds up in payments, technology and analytics platforms, retail loans, digital lending, SME banking, retail banking.
Before his stint at Paytm, Gupta held multiple leadership roles including CEO of Clix Capital (formerly known as GE Capital), Head of SME & Business Banking at IDFC Bank and was also associated with ICICI bank in various roles.
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