India’s largest mobile-first financial services firm, Paytm today announced that Pallavi S. Shroff, the founder and Managing Partner of Shardul Amarchand Mangaldas law firm would join its board of directors.
Mrs. Pallavi is an entrepreneur in the field of law with over 34 years of experience in representing public and private corporations and other entities before legal institutions. She has extensive knowledge in matters of dispute resolution and arbitration and competition law and has earned national and international acclaim. Ms. Shroff is presently a director on the boards of prestigious Indian companies, including Maruti Suzuki India Ltd, Apollo Tyres, Trident Group, and Juniper Hotels Ltd. She has also been recognized among the 30 most powerful women in Indian business for 5 years in a row by Business Today.
Vijay Shekhar Sharma, Founder & CEO of Paytm said, “Mrs. Shroff is one of the most distinguished leaders of the legal and corporate fraternity in India. We are delighted to welcome her to our board. We are building our financial services business, and aim to provide access to lending, insurance and wealth management solutions to a large, under-served population. Her experience will be key to the next phase of our growth plans.”
“I’m excited to join Paytm as a board member’’, said Pallavi. “Paytm’s rapid growth trajectory has been fascinating to me both as an entrepreneur and a user. I am impressed by their executive agenda of bringing financial inclusion. I look forward to serving on their board, and guiding them on matters related to governance law and regulations.”
The board Ms Shroff joins also includes Kabir Misra, Managing Partner at SoftBank Capital, Joe Tsai, Vice Chairman at Alibaba Group Holding Limited, former Google executive Amit Singhal, Mark Schwartz, the Vice Chairman of the Goldman Sachs Group and Chairman of Goldman Sachs in Asia-Pacific, Ravi Adusumalli of SAIF Partners and Eric Jing, CEO of Ant Financial.