Worldline, the European leader in payments and transactional services and market leader in India has announced the appointments of Deepak Chandnani as executive chairman for India and South Asia / Middle East and Ramesh Narasimhan as CEO for India.

In his new role as CEO, Narasimhan will drive business strategy and revenue growth for Worldline India. He will embark on his new role from April 1, 2022, upon completion of Chandnani’s term as MD and CEO.

Narasimhan joined Worldline as head of digital commerce India through the acquisition of Ingenico, where he had been serving as India CEO.

“The promotion of Deepak Chandnani and Ramesh Narasimhan reflects our core value of empowerment, as we believe in trust and support for our people and the business alike to realise their full potential. I would like to congratulate Deepak Chandnani for his promotion to chairman for India and South Asia and look forward to his continued support and guidance to enhance the business in the region. My congratulations also go to Ramesh Narasimhan on his appointment as CEO of India. He will help in driving our business in India to the next level of success,” said Vincent Roland, head of merchant services, Worldline on the development.

“I am delighted to enlarge my remit and look forward to continue to contribute to Worldline’s continued success. At the same time, I am extremely pleased to welcome Ramesh as the new CEO of the India business. His experience of over three decades in Information Technology, and vast understanding of the payments landscape has been instrumental in creating value and trust for our partners. I believe Worldline in India will continue to outshine in all business verticals under Ramesh’s leadership,” said Chandnani.

“Our ambition is to continue to scale our business in India, which is one of the most dynamic and fast-growing markets in the world of digital payments. I am very excited to take on this new role and I am looking forward to leading the strong Worldline India team and realise our ambitions in this strategically important market,” said Narasimhan on his appointment.