Aquapay names former Axis Bank Vice President Nitin Chavan as CEO

Nitin Chavan
Nitin Chavan, CEO, Aquapay

Aquapay Payments Technologies (P) Ltd has named former Vice President & Business Head – Commercial Cards, Axis Bank Nitin Chavan as its new Chief Executive Officer.

Nitin holds over two decades of overall experience across Logistics, Aviation, Insurance and Banking majors. He has about 15 years of enterprise payments experience and a strong track record of growth acceleration and business transformation.

Prior to this appointment, he served as Vice President & Business Head – Commercial Cards, India at Axis Bank Limited where he was responsible to make Axis Bank, one of the largest & fastest growing issuers in Commercial Cards business in India.

Earlier, Nitin held strategic positions at American Express & ICICI Bank. At American Express, he played a very strategic and vital role to introduce large Indian corporate clientele to Amex franchise that earned him global awards cum recognition for 3 consecutive years. At ICICI Bank, he looked after their Fleet Card, Corporate Card and Prepaid Card programs. His initial career assignments were with Elbee Services, Amadeus India & Bajaj Allianz General Insurance in the area of Sales & Marketing.

Nitin is Bachelor of Technology Graduate from Institute of Chemical Technology (ICT) and MBA in Marketing from Mumbai University.

Board of Directors at Aquapa commented on Nitin’s appointment that “We are extremely delighted to welcome Nitin Chavan to AQUAPAY family. He brings to the company a demonstrated track record of strategic and operational leadership and thorough enterprise payment expertise. Nitin’s deep and diversified experience and familiarity with the whole eco-system of the payment industry gives us great confidence that he is the right leader to drive Aquapay’s growth strategy and deliver long term value for our stakeholders.

 

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