MoneyOnMobile recruits Ankit Sahu as VP, India Business Development

MUMBAI: Global mobile payments technology and processing company MoneyOnMobile Inc has hired Ankit Sahu to be its Vice President of Business Development.

Sahu has 25 years of experience working for companies that have pushed boundaries in new markets with established products. He has previously worked for News Corp., IMG Inc, Merrill Lynch/Bank of America, and most recently as First Vice President of Investment for UBS Financial Services.

Sahu is a native of India and fluent in Hindi. His deep experience with financial technology and marketplaces, Sahu has the right experience to develop the company's access to Indian capital investment and consumer market opportunities.

Commenting on the appointment, Sahusaid, “Joining MoneyOnMobile is like a homecoming to me – pioneering a disruptive technology – and I believe I can help effectively develop it and make it into a widely-accepted service in India.”

Ranjeet Oak, Managing Director of MoneyOnMobile Inc. India subsidiary said, "Ankit Sahu is well positioned to help us educate investors in the US and develop contacts in India. His financial and technological background, as well as his knowledge of the market brings key experience to the company. Everyone at MoneyOnMobile is excited about him joining the team."

While studying at Mayo College in Ajmer, India, Sahu was selected to be an exchange student at Eton College, England. Later he earned his Bachelor's Degree in Electronics and Telecommunications from Bangalore University and an M.B.A. in Finance from University of San Francisco. He lives with his family in San Francisco and was one of the main contributors to the HBO documentary San Francisco 2.0.