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.
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.
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.
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.
from Institute of Chemical Technology (ICT) and MBA in Marketing from Mumbai
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