Obopay announces new president for Asia, Africa

MUMBAI: Obopay Inc, a service provider for payments via mobile phones, today announced that Deepak Chandnani has joined as the president for Obopay's Asia and Africa Operations, considered key geographies for the US based organization.

Prior to joining Obopay, Chandnani served as the CEO for Wire and Wireless India Ltd, a Zee Group Company.

Chandnani brings with him more than 28 years of top managerial experience focused on consumer, banking and technology sectors by virtue of having held multiple strategic and leadership roles in leading blue chip organizations like Citibank, Hindustan Lever, Yahoo and NCR Corporation, said a press release.

He was the first country manager for Yahoo and later the managing director at NCR Corporation, India.

An Economics honors graduate from St Stephens College, Delhi, Chandnani holds an MBA from IIM Ahmedabad.

Carol Realini CEO, Obopay Inc said, "We are absolutely excited with Deepak Chandnani joining us as the president of Obopay - Asia and Africa as we continue to pursue our endeavor of building innovative global structures for mobile enabled financial services."

Deepak Chandnani commented, "With more than 3 billion mobile users currently and millions getting added every month, the action is definitely taking centre stage in the Asia Africa region, specifically in emerging markets like India.”

He said mobile payments would clearly be the next frontier for delivering speedy and convenient financial services to the teeming millions of underserved people on every continent.