BharatPe appoints CFO Nalin Negi as interim CEO
- ByStartupStory | January 3, 2023
Suhail Sameer, the Chief Executive of BharatPe, a fintech unicorn, announced his resignation on January 3rd. According to the company’s most recent announcement, Sameer will begin serving as a strategic advisor on January 7, 2023.
“This will ensure a smooth transition for current CFO, Nalin Negi who has been appointed interim CEO to partner with senior executives to bolster execution in all phases of the company’s business,” the company said in a statement.
Rajnish Kumar, Chairman, BharatPe Board said, “On behalf of the Board, we would like to thank Suhail for the tremendous contribution he made in steering BharatPe into a leadership position as a fintech player in India and helping us ride through various challenges during this journey.”
“We have recognized the need to dedicate time and resources to finding the leader who will continue to catapult BharatPe to new heights, and we are grateful for the commitment from Suhail and Nalin. We look forward to supporting Nalin Negi in his role as the interim-CEO, as we move ahead in our mission of empowering millions of MSMEs with a range of world-class financial products,” he added.
While Negi has been named interim CEO, the company’s Board of Directors has hired a top executive search firm to help with succession planning and the critical CEO search.
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