YES Bank’s Saif Khan joins PayNearby as Chief Growth Officer

“Saif will aid in accelerating and expanding PayNearby's footprints by identifying market needs and opportunities to scale the business while delivering greater value to stakeholders. He will work in tandem with PayNearby’s sales team to achieve growth momentum on planned and new initiatives,” the company said in a statement.

The latest appointment is tactically aligned with the company’s ambitious plans to drive growth, through Distribution as-a-service (DaaS), across emerging businesses and channel partners, it said.

“Saif is a seasoned business leader with 20+ years of experience in the banking industry. He comes with a proven track record of building and executing strategies that drive growth and scale businesses,” said the statement.

He most recently served as the Country Head of Private Banking, at YES Bank, where he was instrumental in conceptualising and implementing the Business Design of Private Wealth.

Prior to his time at YES Bank, Saif worked with IndusInd Bank, ICICI Bank and Citibank across functions in branch banking and distribution roles and in a variety of leadership capacities.

As PayNearby’s CGO, Saif’s endeavour would be to augment the company’s already solid business model and scale exponentially on the top line as well as the bottom, keeping the interest of all stakeholders and customers at heart.

Speaking on the appointment, PayNearby’s Founder, MD & CEO Anand Kumar Bajaj said, “I am thrilled to welcome Saif into the PayNearby family. Saif will be a key player in rapidly growing our company to achieve our growth targets while gaining more reach at the last mile. At PayNearby, we are witnessing stellar progress, riding on the back of our cutting-edge, tech-led DaaS network and various product offerings designed to make Bharat financially and digitally empowered.”

Talking about the new role, PayNearby Chief Growth Officer Saif Khan said, “PayNearby is on a swift growth path, and I feel honoured to be a part of this remarkable journey. We are on a mission to make financial and digital services available to everyone, everywhere, and with our DaaS network, we are taking high-end technology to the last mile.”