PayU has announced the appointment of Pramod Rao as its new Chief Risk Officer (CRO).
Pramod brings over 27 years of experience in the Banking, Financial Services, and Telecom sectors, with a proven track record in Risk Management, Investigations, Transaction Monitoring, Compliance, Business Continuity Management and Security. Over the years, he has held leadership roles with Axis Bank, Vodafone Idea Ltd, Citi Bank, IDBI Bank, ICICI Bank and HSBC.
At PayU, Pramod will be responsible for shaping and overseeing risk management strategies, ensuring regulatory compliance, and strengthening the organization’s financial and operational risk framework. His deep expertise in enterprise fraud risk management and compliance will be instrumental in further fortifying PayU’s commitment to secure and seamless financial transactions.
Commenting on the appointment, Anirban Mukherjee, CEO, PayU said, "We are delighted to welcome Pramod Rao to PayU at a pivotal time, as digital transactions continue to scale rapidly, making risk management more important than ever. His extensive experience in financial security, regulatory compliance, and fraud prevention will be key to enhancing our risk framework and ensuring seamless, secure transactions for our customers. With Pramod leading our risk function, we are confident in our ability to drive sustainable and secure growth in the evolving payments landscape."
“I am thrilled to join PayU and contribute to its vision of enabling secure and seamless digital transactions. As digital payments continue to evolve, strengthening risk management frameworks will remain a top priority. I look forward to working with the talented team at PayU to enhance security measures, drive compliance excellence, and support the company’s growth in the dynamic payments' ecosystem," said Pramod Rao, Chief Risk Officer, PayU.
Pramod is an alumnus of the University of Mumbai, holds a Post Graduate Diploma in Business Management (PGDBM) and has specialized certifications in Cyber Law and Forensic Accounting & Fraud Examination. He also underwent Executive Leadership programs at IIM Ahmedabad, and Kellogg School of Management.
As part of its ongoing efforts to expand its leadership team, PayU has been strategically expanding across key functions over the last 6-8 months. Some key appointments in PayU payments include Pranav Pandya as Chief Compliance Officer, Dimple Mehta as Company Secretary, and Rahul Bharadwaj as Head of Operations. PayU has also appointed Ashok Patil, Chief Risk officer for its credit business. These new appointments highlight PayU’s continued focus on strengthening its leadership capabilities, reinforcing its commitment to creating a secure, transparent, and regulatory-compliant digital payments ecosystem.
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