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Online payment solutions provider PayU has appointed Shantanu Preetam to its India leadership team as Chief Technology Officer.
In his new role, Preetam will be leading technological innovations and engineering at PayU. He will be based out of Bangalore.
Preetam is known to be a seasoned technologist and engineering leader with 23+ years of experience in building software products and driving digital transformation strategy.
Preetam, according to the statement released by PayU, is an expert in creating customer-first technology solutions and has to his credit of leading and mentoring global teams to build highly scalable cloud platforms like omnichannel and e-commerce platforms, transportation systems enabling fulfillment & last mile, and CRM systems for Fortune 100 companies & start-ups.
His last stint was at Walmart where he played an integral role in building core e-commerce systems, driving end-to-end cloud transformation, and facilitating growth.
Speaking on the new addition to the leadership team within the company, Anirban Mukherjee, CEO, PayU India said, “The country is moving towards a cashless economy and the fintech industry is rapidly evolving with digital payments playing a crucial role as an engine of economic growth. One of our key focus areas going forward for PayU is omnichannel solutions, to enable merchants to offer flexible offline-to-online solutions. PayU’s market leadership position is powered by cutting edge technology."
Stating further, Mukherjee said, "PayU India welcomes Shantanu to the company and we are confident he will play an integral part in achieving our vision to build a full-fintech ecosystem - offering a set of inter-related services to meet all the financial needs of consumers and merchants on a single platform. Shantanu joining PayU will pave the way for our next phase of growth in the region through innovations focussed on payments, credit, and fintech investments."
Commenting on his appointment, Shantanu Preetam, Chief Technology Officer, PayU India said, “Digital payments, once a convenience, have become a necessity in these times. Today, the fintech ecosystem is at an inflection point and it is more of a disruptor than just a growth driver. I am excited to be part of PayU, one the foremost pioneers of innovation in the financial technology landscape.”