Hunt Partners appoints Vinayak Prasad as the CEO at Forbes Technosys Ltd:
Forbes Technosys is a leading provider of payment processing and transaction automation solutions, services and networks that help organizations handle large transaction volumes effectively and efficiently, while improving quality of their services and reducing costs.
FTL is a wholly owned subsidiary of Forbes & Company Limited (F&CL) and F&CL is a subsidiary of the Shapoorji Pallonji Group (SP Group) with group revenues in excess of US $ 6.50 Billion.
Business segments include:
- Self-Service Solutions
- E-Payments Systems & Services
FTL’s customers includes leading Banks, Insurance Companies, Telecom Companies, Power Companies, Utilities, Financial Institutions, Retailers, Airlines and Government Organizations.
Vinayak is a qualified MBA from Wharton School, University Of Pennsylvania, USA and comes with over 20 years of experience as a Business leader in Fintech industry. He has handled challenging roles in diverse companies dealing with Payments, Credit Cards, Debit Cards, Mobile Payments, Merchant Acquiring for India, South Asia, Middle East and the USA. He has been in leadership roles for more than 15 years. In his last assignment as the Executive Director at VeriFone, he was heading Payments Business for South Asia Market. He grew the business at the highest rate with a focus on Petroleum and Transit.
In his prior stint with Frog8, he had a tremendous exposure of running an entrepreneurial venture which involved raising funds, building a team, selling the concept to potential clients, pilots and an end to end operations role. Initially in his career, he was associated with Leading Banks like MASHREQ BANK, YES BANK, ICICI BANK and Capital One.
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