Paytm stir ahead of IPO, several top officials including President Amit Nayyar quit the company
Paytm stir ahead of IPO, several top officials including President Amit Nayyar quit the company
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New Delhi: The initial public offer, the first IPO, has rocked the giant digital payments company Paytm. The company is scheduled to apply for IPO by the end of July, but several senior executives of the company have already resigned. According to media reports, several senior officials, including the chairman of Paytm, have resigned. These include chief HR officer Rohit Thakur.

Tell me Amit Nayyar quit his post only last month. He was the head of Paytm's Financial Services Division. Nayyar joined the company in August 2019. Nayyar was looking after the company's lending, assurance, distribution, wealth management, and stockbroking. Prior to joining Paytm, Nayyar was working on the managing director's job at advisory firm Arpwood Capital. Paytm's board has also accepted Nayyar's resignation.

Last month, Rohit Thakur, the chief HR officer of the company, had also resigned from his post. He stayed in Paytm for only 18 months. Thakur and Nayyar are not the only ones who have resigned from Paytm. This year, many officials have already resigned.

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