The investment & wealth management subsidiary of Paytm, Paytm Money has appointed Varun Sridhar as the new Chief Executive Officer (CEO) of the company. He will replace former MD and CEO Pravin Jadhav who resigned from the startup due to differences with the management of Paytm.
Sridhar will be reporting to Amit Nayyar, the President at Paytm. Sridhar will lead the launch and development of equity brokerage services for the firm, and grow existing products around mutual funds, national pension system and gold services, which the company offers.
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