Amit Kumar Singh joins Ponnawalla Fincorp as Payments and Cards Head

Amit Kumar Singh has joined Poonawalla Fincorp as Payments and Cards Head, marking a new phase in his illustrious 23-year career. In this role, Amit will focus on driving the company’s digital journey, particularly in the payments domain, leveraging his vast experience in payments, retail, and enterprise portfolio management. His strategic insights and leadership skills are expected to play a pivotal role in advancing Poonawalla Fincorp’s digital initiatives.

Amit recently concluded an impactful four-year tenure with PayU Payments, where he spearheaded the flagship enterprise business. As Enterprise Portfolio Head, he successfully scaled the portfolio to one of the largest among industry peers, demonstrating his expertise in growing and managing large-scale operations. During his time at PayU, Amit drove significant growth in enterprise onboarding, cross-border payments, and strategic partnerships, positioning the company as a leader in the digital payments ecosystem.

Before his stint at PayU, Amit spent 13 years with HDFC Bank’s payment business, holding various leadership roles across geographies. His contributions spanned retail distribution, merchant acquisition, credit card sales, and channel management. His ability to build and scale businesses, coupled with his focus on driving productivity and innovation, made him an integral part of HDFC Bank’s success in the payments sector.

Amit’s career journey began in the FMCG sector with HUL and Asian Paints, where he gained valuable experience in retail distribution and business development. He later transitioned to the financial services sector, holding roles at GE Money and Centurion Bank of Punjab before joining HDFC Bank. His diverse industry experience has equipped him with a unique perspective on building scalable portfolios and driving customer-centric solutions.

Amit holds a Master of Management Studies (MMS) in Marketing from Devi Ahilya Vishwavidyalaya and has consistently demonstrated a keen ability to lead high-performing teams and execute innovative strategies. His expertise in P&L management, team building, and digital transformation aligns seamlessly with Poonawalla Fincorp’s vision for growth.
At Poonawalla Fincorp, Amit’s focus will be on enhancing the company’s digital capabilities, particularly in the payments space. His leadership is expected to streamline operations, foster innovation, and deliver customer-centric solutions that align with the company’s strategic goals.

Amit’s appointment underscores his reputation as a seasoned professional in the payments industry, known for his ability to drive growth and deliver impactful results. His new role at Poonawalla Fincorp is anticipated to further solidify the company’s position as a leader in the financial services sector.

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