Innoviti, a provider of smart payment solutions, has announced the appointment of Prasad Sonavane as Chief Revenue Officer – Partner Ecosystem Development.
An alumnus of Jamnalal Bajaj Institute of Management Studies, Mr. Sonavane comes with 25 years of experience. In his last assignment, he was heading the Risk Management Solutions & Data Monetization verticals at Dun & Bradstreet. Prior to that, Mr. Sonavane was associated with American Express where he held various leadership roles in merchant acquiring, strategic alliances, consumer card issuing, and corporate card lending businesses. Prior to that, he has worked with other brands like Asian Paints, Titan & Lintas.
Mr. Sonavane will be heading Innoviti’s Partner Ecosystem wherein he will drive the company’s growth and profitability by forging partnerships and alliances to help the enterprise and retail businesses scale up and strengthen its market position while creating value for the bank and brand partners.
“Partnerships & Alliances will play a pivotal role in implementing our growth strategy and we are delighted to have Prasad onboard to own this mandate. Prasad’s expertise and vast knowledge will help enhance the value for all our bank and brand partners. His deep experience in building and nurturing partnerships will be an asset that blends well with Innoviti’s vision using technology to help merchants large and small get an equal opportunity to fuel their growth.” – said Ms. Amrita Malik, Co-Founder & Chief Business Officer – New Business Initiatives, Innoviti.
“It is an honor and a matter of pride to be joining the leadership team of Innoviti. The company leads the way in using technology to set new benchmarks for how retail businesses can seamlessly and cost-effectively leverage their payment acceptance processing infrastructure into genuine drivers of business growth. I am thrilled to be joining the company at its inflection point of growth and transformation and I am committed to building and delivering on our vision.” – said Mr. Prasad Sonavane, Chief Revenue Officer, Partner Ecosystem Development, Innoviti.
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