Archive · 30 May 2025
PayU Adds Three New Directors to Board
PayU, a company that handles online payments, has added three new people to its team of leaders.
These new members are experts in different areas, like banking and technology.
This change is meant to help PayU offer better services and handle its business more responsibly.
The company recently got approval from the government to help businesses take payments online.
This means PayU will have more ability to provide payment services and financial technology to customers.
With these new members, PayU is hoping to offer better service and follow the best standards.
PayU Payments announced the addition of three new members to its board of directors.
Subhash Mundra and Manoj Kumar Agarwal join as Non-Executive Independent Directors.
Ashutosh Sharma joins as a Non-Executive Non-Independent Director.
The PayU board now has a total of 11 members, including 5 independent directors.
The appointments aim to reinforce corporate governance and enhance services.
- Who
- Subhash Mundra, Manoj Kumar Agarwal, and Ashutosh Sharma were appointed.
- What
- PayU appointed three new members to its board of directors.
- When
- Announced on Friday, May 30, 2025.
- Where
- PayU
- Why
- To strengthen PayU's evolution into a comprehensive provider of digital payments, financial, and technological services.
- Company
- PayU Payments
- New Directors
- Subhash Mundra, Manoj Kumar Agarwal, Ashutosh Sharma
- Total Board Members
- 11
- Independent Directors
- 5
- Authorization
- Received final authorization from the Reserve Bank of India to operate as an online Payment Aggregator in May 2025.