Aquapay Payments Technologies, an enterprise payments major & platform as a service (PaaS) specialist, announced that Nitin Chavan has been appointed as Chief Executive Officer.
Nitin joins the Aquapay team with 2 decades of overall experience spanning across Logistics, Aviation, Insurance and Banking majors. He has about 15 years of enterprise payments experience and a strong track record of growth acceleration and business transformation.
Prior to this role, Nitin served as Vice President & Business Head – Commercial Cards, India at Axis Bank Limited where he was responsible to make Axis Bank, one of the largest & fastest growing issuers in Commercial Cards business in India.
“His deep knowledge and understanding about Commercial Cards, Enterprise Payment Ecosystems, Process Innovations and Technology platforms makes him one of the respected professionals within the peer banks and network partners,” Aquapay said in its press statement.
Prior to Axis Bank, Nitin held strategic positions at American Express & ICICI Bank. His initial career assignments were with Elbee Services, Amadeus India & Bajaj Allianz General Insurance in the area of Sales & Marketing.
Nitin holds a Bachelor of Technology degree from Institute of Chemical Technology (ICT) and MBA in Marketing from Mumbai University.
The Board of Directors at Aquapay commented on Nitin’s appointment that, “We are extremely delighted to welcome Nitin Chavan to Aquapay family. He brings to the company a demonstrated track record of strategic and operational leadership and thorough enterprise payment expertise. Nitin’s deep and diversified experience and familiarity with the whole eco-system of the payment industry gives us great confidence that he is the right leader to drive Aquapay’s growth strategy and deliver long term value for our stakeholders.”
Aquapay is a technology partner for enterprises that integrates all payment processes and brings efficiency to the system. Paired with their consultative approach, their endeavour is to help businesses grow and prosper.
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