Indian e-commerce payment system subsidiary of Paytm, Paytm Money has appointed Varun Sridhar Sharma as the new Chief Executive Officer of the  financial technology company. Sharma will hold office after resign of former Managing Director and CEO Pravin Jadhav.

Sharma, will be reporting to Amit Nayyar, the President at Paytm. He will lead the launch and development of equity brokerage services for the firm, and grow existing products around mutual funds, national pension system and gold services, which the company offers.