Paytm Money appoints NV Srinivasan as non-executive independent director

With a career spanning over four decades, Srinivasan brings extensive experience in finance, risk management, capital markets, and banking strategy.

One97 Communications Limited, the Paytm parent, on August 27 announced the appointment of Narasinganallore Venkatesh Srinivasan as the non- executive independent director of wholly owned subsidiary Paytm Money Limited (PML).

The appointment is in line with the company’s commitment to maintaining the highest standards of compliance and governance, the company said in a statement.

With a career spanning over four decades, Srinivasan brings extensive experience in finance, risk management, capital markets, and banking strategy.

He was previously the chief executive officer of the Association of Mutual Funds in India (AMFI). Prior to AMFI, he served as chief financial officer and executive director on the board of Lakshmi Vilas Bank and held senior positions at IDBI Bank for 19 years, including CFO and executive director, the statement said.

He has also contributed to SEBI’s Mutual Funds Advisory Committee and Corporate Bonds and Securitisation Advisory Committee and has advised the Maharashtra government on cash management and government borrowing.

Srinivasan is a chartered accountant by training with a diploma in management and financial services and is a Certified Associate of the Indian Institute of Bankers.