Paytm seems to be going through a serious shuffling in its top-tier management & has added Alibaba Group’s global managing director K. Guru Gowrappan as an additional director. Guru Gowrappan will be responsible for guiding the business, product and technology teams at Paytm.
Paytm has recently added Amit Singhal, the former head of Google Search and Mark Schwartz, the vice chairman of Goldman Sachs Group to its board. They both will be responsible for advising the team and helping them deliver better and more robust financial products.
Paytm is backed by Alibaba and Ant Financial. Gowrappan is the fourth executive from Alibaba to join Paytm’s board.
In January, the board of One97 Communications, the parent company of Paytm, had inducted Kai Nin Kenny Man, head of international investment at Ant Financial, in the company board.