Bharatpay CEo Suhail Samer step down, CFO Nalin Negi appointed interim CEO

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BharatPe’s CEO, Suhail Sameer, who has overseen the company’s operations since co-founder Ashneer Grover was ousted last year, is set to step down, the company said in a statement.

During the major reorganisation of leadership positions, Sameer will take over as Chief Strategy Officer. “BharatPe today announced that Suhail Sameer will transition from Chief Executive Officer to Strategic Advisor on January 7, 2023. This will ensure a smooth transition for current CFO Nalin Negi, who has been appointed interim CEO to work with senior executives to improve execution across the board,” according to the statement. BharatPe also revealed that the company has hired a “executive search firm” to help with succession planning and the identification of a new CEO.

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Bharatpay CEo Suhail Samer step down, CFO Nalin Negi appointed interim CEO

BharatPe’s CEO, Suhail Sameer, who has overseen the company’s operations since co-founder Ashneer Grover was ousted last year, is set to step down, the company said in a statement.

During the major reorganisation of leadership positions, Sameer will take over as Chief Strategy Officer. “BharatPe today announced that Suhail Sameer will transition from Chief Executive Officer to Strategic Advisor on January 7, 2023. This will ensure a smooth transition for current CFO Nalin Negi, who has been appointed interim CEO to work with senior executives to improve execution across the board,” according to the statement. BharatPe also revealed that the company has hired a “executive search firm” to help with succession planning and the identification of a new CEO.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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