Aquapay appoints Nitin Chavan as CEO

Aquapay appoints Nitin Chavan as CEO

Aquapay Payments Technologies (P) Ltd has appointed Nitin Chavan as Chief Executive Officer (CEO).


Chavan joins AQUAPAY team with nearly 2 decades of experience spanning across Logistics, Aviation, Insurance and Banking majors. He has about 15 years of enterprise payments experience and a strong track record of growth acceleration and business transformation.


Most recently, he served as Vice President & Business Head – Commercial Cards, India at Axis Bank Limited where he was responsible to make Axis Bank, one of the largest & fastest growing issuers in Commercial Cards business in India.


Prior to Axis Bank, Chavan held strategic positions at American Express & ICICI Bank. At American Express, he held a very strategic and vital role to introduce large Indian corporate clientele to Amex franchise that earned him global awards cum recognition for 3 consecutive years. At ICICI Bank, he looked after their Fleet Card, Corporate Card and Prepaid Card programs. His initial career assignments were with Elbee Services, Amadeus India & Bajaj Allianz General Insurance in the area of Sales & Marketing.


Chavan is Bachelor of Technology Graduate from Institute of Chemical Technology (ICT) and has pursued MBA in Marketing from Mumbai University.


Board of Directors at Aquapa commented on Chavan's appointment that "We are extremely delighted to welcome Nitin Chavan to AQUAPAY family. He brings to the company a demonstrated track record of strategic and operational leadership and thorough enterprise payment expertise. Nitin's deep and diversified experience and familiarity with the whole eco-system of the payment industry gives us great confidence that he is the right leader to drive Aquapay's growth strategy and deliver long term value for our stakeholders.


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