Digital payments company Paytm has announced the appointment of Rama Subramaniam Gandhi, Retired Deputy Governor, Reserve Bank of India as an advisor.
Prior to holding the position of the Deputy Governor, Gandhi had been a career central banker. He was a member of the first Monetary Policy Committee. He had a three-year secondment to the Securities and Exchange Board of India (SEBI) and has also been the head of two regional offices of the Reserve Bank and held a charge as the Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad. He has over three decades of experience in banking with cross-functional exposure in technology, payment systems, capital markets, securities, forex, money market and International Banking among others. Besides holding strategic roles in RBI, he had also piloted several innovative projects on IT, payment systems, financial literacy, financial inclusion and other developmental initiatives.
Gandhi will bring his years of knowledge and experience on payment systems, regulations, compliance and corporate governance.
Vijay Shekhar Sharma, Founder & CEO - Paytm said, “Since the beginning of our journey, we have focused on building an organization that has the culture and the resources of serving our customers responsibly. Mr. Gandhi joins our family, which now includes some of the most distinguished Indian and global leaders in the fields of finance, law, technology and business, all working together to help us achieve this goal.”
Mr. Gandhi said, “I am delighted to join Paytm as an advisor in its journey to bring digital and financial inclusion to half a billion Indians. I have dedicated my whole life to formulate policy and strengthen institutions in the financial services space. I will be happy to share my insights and guide Paytm in the creation of innovative financial services.”