Business Standard

Worldline India reappoints Mr. Deepak Chandnani as Managing Director

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Post the acquisitio­n of Chennai based MRL Posnet, a full stack, tech-led, integrated merchant acquiring solutions provider, Worldline has reappointe­d Mr. Deepak Chandnani as Managing Director, Worldline South Asia and Middle East and Managing Director, MRL Posnet. On this announceme­nt Mr. Deepak Chandnani, Managing Director, Worldline South Asia and Middle East and Managing Director MRL Posnet stated, “Having set an ambitious goal of becoming a leader in the Indian payment and transactio­nal services industry, we are putting in place a highly experience­d team for this exciting journey of achieving our goals. As we continue to scale up, we will also continue upgrading our processes and technology, along with people who are payment experts in key focus areas.’’ Mr. Deepak Chandnani has over 35 years of experience across a wide range of industries. Before joining Worldline in January 2014, Deepak was CEO, Obopay Inc., Redwood City, California. Prior to that, he worked in India as Managing Director, NCR Corporatio­n India and in senior leadership positions in companies like Hindustan Unilever and Citibank. Deepak is best known as an entreprene­urial C-level executive who focuses on top and bottom line growth for startups and establishe­d companies in mature and emerging markets. His experience has been across industries, product categories and market segments, with expertise in financial services and payments.

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