Paytm reappoints Vijay Shekhar Sharma as MD, CEO till Dec 2027
New Delhi, May 22: One 97 Communications, which operates under the Paytm brand, has reappointed its founder Vijay Shekhar Sharma as managing director (MD) and chief executive officer (CEO) for the next five years, till December 18, 2027.
"We wish to inform you that based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders, the Board of Directors of the Company ("Board"), at their meeting held on May 20, 2022, have considered and approved re-appointment of Vijay Shekhar Sharma as 'Managing Director & Chief Executive Officer' of the Company for a tenure of 5 years effective from December 19, 2022, to December 18, 2027," One 97 Communications announced in a regulatory filing to the stock exchanges.
Also Read | Relief for common man: Petrol, diesel prices drop in Punjab; check latest rates
"Vijay Shekhar Sharma is an Indian technology entrepreneur who has played an instrumental role in revolutionizing the digital payments and financial services landscape in India as the Chairman, Managing Director and CEO of One97 Communications and its consumer brand Paytm," it said.
"Under his guidance, Paytm is on a mission to bring half a billion Indians into the mainstream economy," the statement further added.
Also Read | Police arrest three in connection with sacrilege at Rajasansi’s Gurdwara Ber Sahib
-PTC News
