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Home People Movement

Aquapay Appoints Nitin Chavan as CEO

by StartUp Terminal Bureau
July 23, 2020
in People Movement
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Aquapay Appoints Nitin Chavan as CEO
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Mumbai, India, July 23, 2020 –
Enterprise Payments Major & Platform as a service (PaaS) specialist, Aquapay
Payments Technologies (P) Ltd, announced today that Nitin Chavan has been
appointed as Chief Executive Officer.

Nitin joins AQUAPAY team with 2 decades
of overall experience spanning across Logistics, Aviation, Insurance and
Banking majors. He has about 15 years of enterprise payments experience and a
strong track record of growth acceleration and business transformation.

Aquapay Appoints Nitin Chavan as CEO
Nitin Chavan 
He was most recently served as Vice
President & Business Head – Commercial Cards, India at Axis Bank Limited
where he was responsible to make Axis Bank, one of the largest & fastest
growing issuers in Commercial Cards business in India. The launch of innovative
payment products and solutions suite is a testament of his strong passion and
vision for Commercial Cards business. His deep knowledge and understanding
about Commercial Cards, Enterprise Payment Ecosystems, Process Innovations and
Technology platforms makes him one of the respected professionals within the
peer banks and network partners.

Prior to Axis Bank, Nitin held strategic
positions at American Express & ICICI Bank. At American Express, he played
a very strategic and vital role to introduce large Indian corporate clientele
to Amex franchise that earned him global awards cum recognition for 3
consecutive years. At ICICI Bank, he looked after their Fleet Card, Corporate
Card and Prepaid Card programs. His initial career assignments were with Elbee
Services, Amadeus India & Bajaj Allianz General Insurance in the area of
Sales & Marketing.

Nitin is Bachelor of Technology Graduate
from Institute of Chemical Technology (ICT) and MBA in Marketing from Mumbai
University.

Board of Directors at Aquapa commented
on Nitin’s appointment that “We are extremely delighted to welcome Nitin Chavan
to AQUAPAY family. He brings to the company a demonstrated track record of
strategic and operational leadership and thorough enterprise payment expertise.
Nitin’s deep and diversified experience and familiarity with the whole
eco-system of the payment industry gives us great confidence that he is the
right leader to drive Aquapay’s growth strategy and deliver long term value for
our stakeholders.”

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