We bring you the latest edition of movers and shakers of the week.
The Payments Council of India has on-boarded executives from payments banks and Bharat Bill Payment Operating Units (BBPOU) as members on its platform. The council is also planning to open up its membership to small finance banks, as part of its efforts to foster an inclusive digital payments ecosystem in the country. The former ItzCash Managing Director Naveen Surya will join the PCI as Chairman, alongside CCAvenue founder Vishwas Patel as the Co-Chair. Within the newly appointed 14-member team of the executive council, a few other disclosed names are Renu Satti from Paytm, Rishi Gupta from Fino Payments Bank and Porush Singh from Mastercard.
Let’s have a look at the other movers and shakers of the week.
Ola Hires Former eKart Exec As New CFO
Former eKart executive Harish Abhichandani has joined cab-hailing firm Ola as chief financial officer (CFO). Abhichandani replaces Infosys veteran Rajiv Bansal, who had quit as Ola’s CFO in February, within six months of taking up the position.
Abhichandani had joined Flipkart’s logistics unit eKart in February last year.
Prior to that, he worked with Tata Teleservices and Oman-based Omar Zawawi Establishment. He is a Commerce graduate and also holds professional degrees such as CA, ICWA, CPA (USA) and CISA.
Waterfield Advisors Appoints Kartik Kini As COO
Waterfield Advisors announced the appointment of Kartik Kini as Chief Operating Officer for its multi-family office business. Kartik has over 20 years of experience in the financial services industry, mostly in the wealth management space.
Prior to joining Waterfield, Kartik was part of the founding team to set up the wealth management practice at Avendus. Kartik has also worked in leadership roles with Deutsche Bank and Merrill Lynch.
Waterfield has become one of the pre-eminent multi-family offices in India and advises 32 families with total financial assets of over $2 Bn. It services clients from offices in Mumbai, Delhi, Chennai and covers Bengaluru and Hyderabad as well. It will be opening a Bengaluru office soon.
UberEATS Appoints GM For Bengaluru
With UberEATS launched in Bengaluru, to successfully scale the business across the region, Vartika Bansal has been appointed as the General Manager. Vartika joined Uber in May 2017 as the General Manager for UberEATS, Bengaluru.
In this role, she will be focussing on partnering with and driving value for restaurants and delivery partners, and providing a delightful experience to the customers.
Previously, Vartika was leading the flagship business at OYO as AVP Operations. She holds an MBA from Stanford University.
Go-Jek To Hire 100 Engineers For Bengaluru Division
GO-JEK Engineering, one of Southeast Asia’s leading startups headquartered in Indonesia, today announced to hire up to 100 more engineers for its technology division, Go-Jek Engineering, in Bengaluru.
This is in line with the company’s plans to expand its technology capabilities and build on the successful mobility platform in Indonesia.
While the company’s main focus is product development, Go-Jek will be hiring to fill very specific roles across the technology platform, including full-stack engineers, data scientists, designers and product managers.
Although Go-Jek operates in a fully-distributed model, with teams working on projects across India, Singapore and Indonesia, the company has increasingly turned to the Indian market for high-quality engineering talent. In 2016, Go-Jek acquired four companies, including Pune-based mobile application developer Leftshift, Bengaluru-based startup Pianta, C42 Engineering and CodeIgnition.
Update 1, 16:45, Monday: The earlier version of this post included the news regarding the appointment of Shivani Chaturvedi as the Chief People’s Officer at mjunction. Due to some internal structural changes at the company, we have removed this news.
Stay tuned for the next movers and shakers of the week.