In a bid to strengthen its leadership, PayU, one of India’s leading fintech services providers, has appointed Shailesh Paul as the new CEO of Wibmo. Shailesh is a veteran of the industry with over 2 decades of experience in payments, consumer banking, and fintech across all of Asia-Pacific, India and Middle East. His industry expertise will be monumental for an emerging fintech like PayU or Wibmo and will help solidify its position as a leader in consumer banking, driving innovation and securing data of the banks and the customers.
In his new roles as the CEO of Wibmo, Shailesh’s responsibilities will encompass the strategic direction and operational implementation necessary for sustained growth and the advancement of innovative technologies within the organization. A key aspect of his role involves cultivating strategic global collaborations, thereby enhancing Wibmo’s prominence in the domains of authentication, digital identity, and fraud deterrence. His leadership will guide Wibmo in expanding its secure transaction platforms and sophisticated risk evaluation systems, ensuring alignment with evolving market dynamics and regulatory requirements.
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The CEO of PayU seemed quite excited about the appointment of Paul. He shared his thoughts, saying, “Shailesh’s appointment marks a strategic step forward as we continue to deepen PayU’s commitment to innovation and leadership in digital payments. With his deep expertise and global perspective, I am confident he will unlock new growth opportunities for Wibmo.”