Nakul Jain Resigns As MD & CEO Of Paytm Payments Services

Nakul Jain, Managing Director and Chief Executive Officer (MD & CEO) of Paytm Payments Services Limited (One 97 Communications Limited) has resigned as he has decided to pursue an entrepreneurial journey, w.e.f. March 31, 2025, or an earlier mutually agreed date.

Jain has over 24 years of experience in payments and retail banking, with expertise across online payments, branch banking, etc., all with a strong focus on compliance and operational risk. He began his career as Deputy General Manager at ICICI Bank Ltd. Later he also held positions like Executive Vice President at IndusInd Bank and Managing Director at Standard Chartered Bank. Jain holds a bachelor’s degree in business studies from Delhi University (DU) and a PGDM in marketing and finance from Symbiosis Institute of Management Studies.

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