Sameer will serve as a strategic advisor to the startup.
Suhail Sameer is stepping down as BharatPe’s CEO, the payments startup announced on Tuesday. Chief financial officer Nalin Negi will take over as interim CEO as the firm looks for a successor to Sameer, who will serve as a strategic advisor to the company.
Before he joined BharatPe in August last year, Negi served as CFO of SBI Cards and Payments Services Ltd for more than a decade. As the finance head of an SBI subsidiary, he had a longstanding relationship with BharatPe chairman Rajnish Kumar.
Kumar, former chairman of SBI, has been running the show at BharatPe over the …
Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.
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