Paytm president Amit Nayyar quits

IPO-bound Paytm’s president Amit Nayyar has quit the company, two people close to the development said. Some others exited the Vijay Shekhar Sharma-led fintech company recently. The list includes Rohit Thakur, chief human resource officer, Amit Veer, chief business officer and senior vice president of user growth, and Jaskaran Singh Kapany, head of marketing of Paytm.

Nayyar had joined Paytm in August 2019 and had led Paytm’s foray into financial services verticals acrosshas been leading Paytm’s foray into financial services and several verticals including lending, insurance, wealth management, broking among others. According to his LinkedIn profile, he also spearheaded corporate development and merger & acquisitions for the Noida-based group. He is also on the board of the group’s five subsidiaries: Paytm Money, Paytm Insurance Broking, Paytm Financial Services, Paytm Insurtech and Urja Money.

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