Paytm Appoints Ramana Kumar as CEO for Middle East Business
Our Middle East business’s chief executive officer is Ramana Kumar A. In addition to his extensive experience in fostering innovation and company expansion in the financial services industry, he has more than two decades of leadership experience in the fintech, payments, and banking industries.
Prior to coming to work for us, Mr. Kumar served as the original CEO of Magnati, a prominent payments provider in the United Arab Emirates (UAE) and a division of First Abu Dhabi Bank (FAB), where he oversaw important projects to update payment systems and spur corporate expansion. In his capacity as Executive Vice President, he was also in charge of FAB’s digital banking and payments divisions. He has previously served at the National Bank of Abu Dhabi (NBAD) as the Managing Director and Head of Global Transaction Banking – Product and Business Management.
“We welcome Ramana, who has built a formidable merchant payments business in the UAE. We aim to serve the region by building and bringing strong regional leadership, backed by our proven technology,” Vijay Shekhar Sharma, Founder & CEO, said.
“I am excited to join Paytm and lead its Middle East business. The region is rapidly adopting digital payments, and there’s a strong demand for innovative, secure, and scalable solutions. Paytm’s technology, built and refined in India, is well-suited to meet these needs. We will work closely with regulators and ecosystem partners to introduce impactful innovations and strengthen the digital payments landscape,” Mr. Ramana Kumar, Chief Executive Officer, Middle East, said.
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