India, May 22 -- Paytm (One97 Communications Limited), an Indian payments and financial services distribution company known for pioneering mobile payments, QR codes, and the Soundbox, has announced the appointment of Ramana Kumar as Chief Executive Officer for its Middle East business. Kumar brings over 20 years of leadership experience in the fintech, payments, and banking sectors, with a strong background in innovation and business development in financial services.

Prior to joining Paytm, Kumar was the founding CEO of Magnati, a payments company in the United Arab Emirates (UAE) and a subsidiary of First Abu Dhabi Bank (FAB), where he led initiatives to modernise payment systems and support business growth. He also served as Executive...