Payments major Razorpay announced the re-appointment of Arif Khan as its Chief Innovation Officer (CIO), according to ET report.
Prior to joining Razorpay again, Khan served as Chief Digital Officer at NPCI. During his first stint at Razorpay from 2017 to 2019, Khan led several key initiatives and contributed to building a holistic business architecture for the company.
Prior to Razorpay, Khan served as Senior Business Leader at Mastercard. Before that he was Senior Vice President at HDFC Bank. In his new role, Khan will lead the Banking, Risk Management, Regulatory Affairs and Public Policy teams towards the larger organisational vision of fine-tuning Razorpay’s offerings in the digital payments space.
Harshil Mathur, Co-Founder and CEO, Razorpay, said, “We are beyond thrilled to have Arif back in the Razorpay family. During his previous stint with us, he played a crucial role in establishing several foundational pillars of our Banking capabilities and nurtured strong relations with various external stakeholders. We are confident that his experience of working with leading financial institutions and especially his ability to influence diverse groups to deliver end-objectives will help Razorpay in furthering its vision of building the financial backbone for small businesses in India.”
“The ecosystem is at its exciting best at the moment and with Arif on board we look forward to creating valuable and differentiated products and experiences for digital businesses and their consumers,” Mathur added.
Arif Khan, Chief Innovation Officer, Razorpay, said, “The financial landscape has seen a monumental change in the last couple of years. Supported by regulations, the Indian digital payments industry is growing tremendously and is set to triple to $10 trillion by 2026. Razorpay has spearheaded several innovations with its cutting-edge solutions and I believe this story of innovation and disruption is going to continue and grow stronger.”
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