PayU Global names Aakash Moondhra as CFO

New Delhi: Online payment services firm PayU Global has appointed former Snapdeal executive Aakash Moondhra as chief financial officer, the company said on Thursday.

PayU, backed by Internet and media group Naspers has operations in 18 countries including Latin America, India, Central Eastern Europe, and Middle East and Africa.

Apart from acting as the CFO and working closely with PayU’s India arm PayU India Private Ltd, Moondhra will also work on shaping the strategy and vision of Naspers’s financial technology business, the company said.

Moondhra, 41 was CFO of online marketplace Snapdeal, run by Jasper Infotech Pvt Ltd for three years. He has worked at Nokia, Baring Private Equity Partners, and Bharti Airtel.

“As a finance professional I’m thrilled to be a part of one of the largest consumer Internet company globally and hope to make significant contributions in further fortifying its financial operations and shaping the global strategy and execution of Naspers Payments Business,” said Moondhra.

During his time at Snapdeal, Moondhra helped the company raise $1 billion from investors such as Japan’s SoftBank and online marketplace eBay among others.

Moondhra, who is a fitness enthusiast and an avid reader of Hindi literature, loves to travel and explore uncharted places around the world. When not working he runs half marathons or bikes.

He is a chartered accountant and a company secretary and has done his MBA in finance and strategy from Southern Methodist University, Cox School of Business, US.