Shivnath Thukral joins PhonePe as VP of Public Policy
In a significant move, PhonePe, a leading digital payments platform, has appointed Shivnath Thukral as its new Vice President of Public Policy and Government Affairs. With over two decades of experience in the industry, Thukral joins PhonePe from Meta, where he worked as the Director of Public Policy for India and South Asia. Prior to Meta, he held senior roles at Essar Group, including that of Public Policy and Regulatory Affairs Head.
Thukral’s appointment is a strategic move by PhonePe to strengthen its regulatory and public policy engagement, particularly in the areas of Unified Payments Interface (UPI), lending, and insurance. As the company continues to grow and expand its services, it is essential to have a strong public policy presence to ensure compliance with evolving regulations and maintain a positive relationship with stakeholders.
PhonePe has been at the forefront of India’s digital payments revolution, and with Thukral on board, it is well-positioned to navigate the complex regulatory landscape and advocate for policies that support responsible growth and innovation in the fintech sector.
Thukral’s Background and Expertise
Thukral’s extensive experience in public policy and regulatory affairs will be invaluable to PhonePe as it navigates the rapidly evolving digital finance landscape in India. During his tenure at Meta, he played a key role in shaping the company’s public policy strategy and engaging with various stakeholders, including government agencies, industry associations, and civil society organizations.
Prior to Meta, Thukral worked at Essar Group, where he was responsible for developing and implementing public policy strategies to promote the company’s business interests. He also worked closely with various government agencies and regulatory bodies to ensure compliance with laws and regulations.
Thukral’s expertise in public policy and regulatory affairs, combined with his understanding of the fintech sector, makes him an ideal candidate to lead PhonePe’s public policy efforts.
PhonePe’s Focus on Compliance and Stakeholder Relations
PhonePe’s appointment of Thukral reflects the company’s commitment to compliance, stakeholder relations, and responsible growth in the digital finance sector. As the company expands its services into new areas, such as lending and insurance, it is essential to have a strong public policy presence to ensure that these services are delivered in a responsible and compliant manner.
Thukral’s appointment also underscores PhonePe’s focus on building strong relationships with stakeholders, including government agencies, industry associations, and civil society organizations. By engaging with these stakeholders, PhonePe can better understand their needs and concerns and develop policies and practices that meet these needs.
The Future of Fintech in India
The appointment of Thukral as VP of Public Policy and Government Affairs at PhonePe is a significant development in the Indian fintech sector. As the sector continues to grow and evolve, it is essential to have strong public policy presence to ensure that these services are delivered in a responsible and compliant manner.
Thukral’s appointment reflects PhonePe’s commitment to compliance, stakeholder relations, and responsible growth in the digital finance sector. As the company looks to expand its services into new areas, it is essential to have a strong public policy presence to ensure that these services are delivered in a responsible and compliant manner.
Conclusion
In conclusion, Shivnath Thukral’s appointment as VP of Public Policy and Government Affairs at PhonePe is a significant development in the Indian fintech sector. With his extensive experience in public policy and regulatory affairs, Thukral is well-positioned to lead PhonePe’s public policy efforts and ensure that the company’s services are delivered in a responsible and compliant manner.
As the fintech sector continues to evolve and grow, it is essential to have strong public policy presence to ensure that these services are delivered in a responsible and compliant manner. Thukral’s appointment reflects PhonePe’s commitment to compliance, stakeholder relations, and responsible growth in the digital finance sector.
Source:
