Pine Labs’ Setu names Anand Raisinghani as CEO

Anand Raisinghani

Pine Labs-owned API infrastructure arm, Setu, an has named Anand Raisinghani as its new Chief Executive Officer (CEO) on Monday.

Raisinghani, who succeeds Sahil Kini, will work on open banking, account aggregation, API platforms, integrated finance, and data gateways. He previously served as vice president (VP) and head of professional services, BFSI, telecom, and media at SAP India.

“I am excited for the opportunity to lead Setu into its next growthphase. The incredible team at Setu, led by Nikhil, have built a powerful API fintech focussed on driving successful customer outcomes. Setu’s strong execution ability to offer innovative solutions that keep pace with the rapid evolution within the industry bodes well for us. I look forward to working closely with our customers and partners, to achieve new milestones together,” said Anand Raisinghani, CEO, Setu.

According to a corporate statement, he will collaborate closely with Setu’s co-founder, Nikhil Kumar.

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Before joining Setu, he held the position of Vice President and Head of Professional Services for BFSI, Telecom, and Media at SAP India. With over 20 years of expertise, he brings extensive experience from multinational technology organizations including Equifax, IBM, and Wipro.

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