BharatPe Names Nalin Negi As Intervening time CEO After Suhail Sameer Steps Down

Nalin Negi, BharatPe’s leader monetary officer, has been named intervening time leader government officer after Suhail Sameer stepped down from the highest government place.

Sameer, in the meantime, will take at the position of “strategic guide” from Jan. 7, whilst the fintech hunts for a brand new leader government, the corporate stated in a observation.

Sameer has been on the helm of the corporate since Ashneer Grover, the company’s former CEO, left the corporate in March 2022. Grover resigned after BharatPe alleged that he and his members of the family had misappropriated corporate price range.

“I stay dedicated to supporting BharatPe to reach its enlargement doable within the position of strategic guide and look ahead to the following section of my very own adventure as a full-time investor,” Sameer stated within the corporate observation.

Negi, BharatPe’s intervening time CEO, has prior to now labored because the CFO for SBI Card. “We stay totally dedicated to our workers and shoppers and look ahead to our persisted good fortune as a fintech chief in India,” Negi stated within the observation.

The company’s board of administrators has retained an government seek company to help with succession making plans, the observation famous.

BharatPe has additionally sued Ashneer Grover and his family members within the Delhi Prime Court docket.