Fintech firm BharatPe appoints Pankaj Goel as its new Chief Technology Officer

Fintech firm BharatPe has onboarded Pankaj Goel as its new Chief Technology Officer (CTO). Goel, previously serving as the Head of Payments Engineering at Razorpay, steps into this role seven months after the departure of the former CTO, Vijay Aggarwal, in November 2022.

Prior to his tenure at Razorpay, Goel held positions at software company Intuit for a decade, as well as roles at Trilogy and Sun Microsystems. At BharatPe, Goel will be under the supervision of Nalin Negi, the Chief Financial Officer (CFO) and interim CEO, and will manage the technology team in the company.

This appointment is part of BharatPe's broader leadership restructuring, which began in 2023 following a series of executive departures in the preceding year. This includes the exits of co-founders Satyam Nathani and Bhavik Koladiya, alongside Suhail Sameer (CEO), Nishit Sharma (CRO), Geetanshu Singla (VP, Technology), Nehul Malhotra (PostPe head), and Rajat Jain (CPO, lending and consumer products).

Since then, The fintech firm has been focusing on strengthening its leadership with new appointments, such as Sandeep Indurkar, a former ICICI Bank veteran, as Chief Business Officer-Banking and Alliances; Aparna Kuppuswamy as Chief Risk Officer; and Kohinoor Biswas as Head of Consumer Lending business. As part of the search for a new CEO, BharatPe also brought on Rahul Bhatia, a risk and compliance expert, as Head of Internal Audit and Ravinder Oberoi, a veteran of the banking industry, as Head of Compliance, in January.

Commenting on the appointment, Nalin Negi said, "Technology is the backbone of our business and we stand committed to innovate and build disruptive fintech products that are market-first and relevant, as we expand our footprint to newer domains. With a seasoned engineering leader like Pankaj joining the team, we are confident that we will be able to build best-in-class fintech products that will further enable the next level of growth for the BharatPe Group of Companies."

"As digital becomes more mainstream, I believe there is a huge opportunity for fintech companies to enable the next level of growth story for merchants as well as make an impactful contribution to the overall India growth story. I am hoping that we will deliver impactful solutions that will enable us to not only solve existing problems, but also help us stay ahead of the curve in a rapidly evolving fintech landscape," Pankaj Goel said. 

Also Read:

• Pharmeasy in talks to raise funds at 90% lower valuation