Fintech firm PayU hires digital payments veteran Shailesh Paul as CEO of Wibmo

PayU, India's digital financial services provider, has appointed Shailesh Paul as the new chief executive officer (CEO) of Wibmo, Payu's PayTech division and a company in payments security and digital financial services. 

Shailesh is a seasoned leader who brings in over two decades of extensive experience in payments, consumer banking, and fintech across Asia Pacific, India and the Middle East.

Prior to joining Wibmo, Shailesh spent over 18 years at Visa, most recently serving as Global Head of SMB Acceptance and previously as Head of Merchant Acquiring for India & South Asia.

The company said that his deep industry expertise and visionary leadership will further solidify Wibmo's position as a leader in digital payments, driving innovation and enhancing secure solutions for banks and customers.

Role of Shailesh Paul

As the CEO of Wibmo, Shailesh will lead the company's strategic vision and execution, driving sustainable growth and innovation. He will be instrumental in forging strategic alliances worldwide, advancing Wibmo's leadership in authentication, digital identity, and fraud prevention, the company said.

Under his leadership, Wibmo will scale its secure transaction platforms and risk-based decision-making solutions, aligning with evolving market demands and regulatory landscapes.

Leadership comments

Commenting on the appointment, Anirban Mukherjee, CEO of PayU, said, "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, elevate its market presence as a trusted technology innovator, and reinforce our vision of building a world-class PayTech platform for banks and financial institutions."

Shailesh Paul, CEO, Wibmo, said, "Wibmo plays a pivotal role in advancing PayU's vision of building a secure, scalable, and full-stack financial services ecosystem. Leading banks in India and in global markets trust our cutting-edge Paytech solutions, leveraging our technological leadership to serve their customers better."