PayU India's CEO, Anirban Mukherjee, has ascended to the position of Global CEO as part of a strategic realignment for the fintech player. This move aims to emphasise an "Indian-focused strategy" for PayU, with Mukherjee reporting directly to Prosus and Naspers' Interim CEO, Ervin Tu.
The restructuring comes in the wake of ongoing changes within the Prosus-owned fintech platform. Laurent Le Moal, PayU's former Global CEO, will transition to an advisory role, providing continuity during the shift.
PayU recently sold a segment of its business to Israel's Rapyd for USD 610 million, streamlining its operations and sparking this transformative leadership adjustment.
Last week, PayU's global CFO, Aakash Moondhra, revealed his departure from the company, shortly after Moel's exit. Reports also indicate that Prashanth Ranganathan, the CEO of PayU Credit, will be parting ways with the organisation.