BharatPe appoints CFO Nalin Negi as interim CEO, Suhail Sameer quits

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Editor's note: 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 past year, along with Sameer, Negi and other vertical heads (read: Meet the veteran banker presiding over BharatPe’s cleanup). “We have recognized the need to dedicate time and resources to finding the leader who will continue to catapult BharatPe to new heights, and we are grateful for the commitment from Suhail and Nalin. We look forward to supporting Nalin Negi in his role as the interim-CEO, as we move ahead in our mission of empowering millions of MSMEs with a …