Paytm Appoints Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Director

Fintech Firm Paytm appoints  Shri Rajeev Krishnamuralilal Agarwal as an additional Director designated as Non-Executive Independent Director of the Company.

The Board members of Paytm based on the recommendation of the Nomination and Remuneration Committee has approved the appointment of Shri Rajeev Krishnamuralilal Agarwal as a Non-Executive Independent Director of the Company with immediate effect for a term of five consecutive years, subject to the approval of the members of the Company, as per applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations, as per the exchange filing made.

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 Shri Rajeev Krishnamuralilal Agarwal, an Engineering graduate from I.I.T, Roorkee, belongs to the 1983 batch of the Indian Revenue Service and has wide experience in Securities Markets, Commodity Markets, and Taxation and a Whole Time Member of SEBI for five years.

During his tenure on the Board of SEBI, he supervised and handled the Policies of important departments dealing with markets in equity, bonds, currency and commodities, Mutual Funds, Foreign Investors, International Affairs, Corporate Governance, PEs, VCFs, Start Ups, etc.

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He was responsible for the revival package of the Mutual Fund Industry in 2012.

He also supervised the smooth merger of the commodity Market regulator, Forward Markets Commission, with SEBI in 2015 - a merger of regulators being a very rare event globally.

He has wide exposure to Global Markets and their regulation having interacted with Global peers and International bodies such as IOSCO.

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