Wibmo, a global leader in digital payments and payments security solutions, announced the appointment of Suresh Rajagopalan as its new Chief Executive Officer. He succeeds Govind Setlur, who will now function in an advisory capacity chairing Wibmo’s Advisory Council, as the organization accelerates its international expansion. Suresh will report to Anirban Mukherjee, CEO, PayU India.
Suresh joined Wibmo in April 2020 as the Chief Business Officer. Wibmo, co-founded by Govind in 1999, was acquired by PayU in 2019.
Suresh has close to three decades of work experience in technology, product management, program management, strategic planning, and business development. Prior to joining Wibmo, he has worked with leading Middle Eastern and African banks and Infosys Technologies. In his last assignment he worked with FSS Technologies as President – Retail payments, responsible for product, platform, and solution verticals.
“Suresh is the right leader to pick up the reins after Govind,” said Anirban Mukherjee, CEO, PayU India. “His extensive background in technology and business development will help us develop strategic alliances, strengthen existing partnerships, and expand our presence globally. We believe his strong leadership experience will help Wibmo scale greater heights.”
“I’m honored to take up this role,” said Suresh Rajagopalan. “It is amazing to see how Wibmo has flourished under Govind’s leadership over the past two decades. I believe Wibmo has a great business model and a talented, cohesive team. Our inherent capabilities with issuers along with PayU’s expertise in servicing merchants will help us scale together as a stronger team, offering AI-powered neo-payments platforms to the industry.”
Wibmo, a Cupertino, California company is an industry leader in payment security and digital payments in emerging markets, partnering with 130+ banks across 25 geographies. The company is the largest service provider in India, one of the world’s leading digital payment markets.
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