Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday.
As part of a change in leadership structure, fintech firm Paytm has appointed Rakesh Singh as chief executive officer of Paytm Money.
"Bhavesh Gupta, president and chief operating officer, who was overseeing the payments and lending businesses, has decided to take a career break due to personal reasons.
"He will be transitioning to an advisory role, offering guidance for Paytm's growth initiatives until the end of the year," the statement said.
Photograph via X
'BJP Underperformance May Trigger...'
'Once In A Lifetime Opportunity To...'
Wage Pact: Will Bankers Make More Money?
Are MF Stress Tests Of Any Use?