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Paytm promotes Vikas Garg as deputy CFO

Recently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank and Alibaba backed entity is yet to appoint a CFO.

, ET Bureau|
Sep 25, 2019, 07.51 PM IST
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Paytm
Recently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities.
Digital payments leader Paytm, has promoted Vikas Garg to the position of deputy chief financial officer. He was previously working with the company as a senior vice president for finance.

“Vikas has been with the company for long and his finance operating skills have grown alongside the company. I congratulate him on becoming Deputy CFO and working with Paytm leadership at the next level,” said Vijay Shekhar Sharma, chief executive officer, Paytm.

Recently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank and Alibaba backed entity is yet to appoint a CFO.

He started his journey with Paytm where he was responsible for setting up and scaling finance processes for Paytm’s operations. He also worked on multiple fundraise with Alibaba, Ant financial, SoftBank and Berkshire Hathway. For the last five years, he has been leading the finance operations for the group.

Being a chartered accountant by profession prior to joining Paytm, he worked with companies like GoIbibo, ICICI Bank and others.

He has over 20 years of experience in corporate finance, including corporate accounting, business planning and analysis and overseas expansion.

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