MUMBAI, May 22, 2017 /PRNewswire/ --
Sahu has Extensive Experience Developing Markets for Products in South Asia and the U.S
MoneyOnMobile announced today that it has hired Ankit Sahu to be its Vice President of Business Development.
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Sahu has 25 years of experience working for companies that have pushed boundaries in new markets with established products. He has previously worked for News Corp., IMG Inc., Merrill Lynch/Bank of America, and most recently, as First Vice President of Investment for UBS Financial Services.
Sahu is a native of India and fluent in Hindi. With his deep experience with financial technology and marketplaces, Sahu has the right experience to develop the company's access to Indian capital investment and consumer market opportunities.
"From my first job, building the first pay-TV network in Asia, to working with family offices and high-net-worth individuals, my business challenge has always been to educate both investors and consumers about new products or processes," said Sahu. "Joining MoneyOnMobile is like a homecoming to me - pioneering a disruptive technology - and I believe I can help effectively develop it and make it into a widely-accepted service in India."
Ranjeet Oak, Jt. Managing Director of MoneyOnMobile said, "Ankit Sahu is well positioned to help us educate investors in the US and develop contacts in India. His financial and technological background, as well as his knowledge of the market, brings key experience to the company. Everyone at MoneyOnMobile is excited about him joining the team."
While studying at Mayo College in Ajmer, India, Sahu was selected to be an exchange student at Eton College, England. Later he earned his Bachelor's Degree in Electronics and Telecommunications from Bangalore University and an M.B.A. in Finance from University of San Francisco. He lives with his family in San Francisco and was one of the main contributors to the HBO documentary, San Francisco 2.0.
About MoneyOnMobile
MoneyOnMobile assists retailers of all sizes start, run and grow their businesses. The MoneyOnMobile payment platform offers retailers the financial products and services their customers need for everyday life, all in one convenient and easy to use location. Our retailers are the engine that drives MoneyOnMobile's business, earning a commission from every transaction for their business and ours. The relationships we cultivate with retailers differentiate us in the market and are the driving forces behind the products we develop.
Safe Harbor Statement
This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 19, 2016. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Media Contact:
Navaz Damania,
Vice President of Corporate Communications, MoneyOnMobile
61, MoneyOnMobile House
Ramchandra Lane, Malad West
Mumbai - 400064
Tel: +91-22-45021541
E-mail: [email protected]
Web site: http://MoneyOnMobile.in
Twitter: https://twitter.com/MoneyOnMobile
Facebook: https://www.facebook.com/MoneyOnMobile
LinkedIn: https://www.linkedin.com/company/MoneyOnMobile
YouTube: https://www.youtube.com/channel/UCxqO4N1z9acnQmEysjqfBaQ
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