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Obopay\\\'s global

Deepak chandnani promoted as obopay's global CEO

Obopay, a leading mobile banking and payment provider promoted its President, Deepak Chandnani as CEO of Obopay, Inc. Founder and CEO, Carol Realini will assume the new role of Executive Chairman. In his new role, Chandnani will focus on the company's significant growth in size and geographic scope, while Realini will continue her focus on corporate strategy as well as furthering Obopay's corporate vision: evangelizing the need for mobile money and building its widespread adoption throughout the world.

Chandnani will be based out of Obopay's Corporate Office in Mumbai, India, while Realini will be based out of Obopay's Corporate Office in Redwood City, CA. 

 “Naturally, I am very pleased with our growth this year,” Chandnani commented. “But the mobile payments industry is not anywhere near its potential.  At Obopay, we have laid the ground work through partnerships with market making global brands; an unparalleled understanding of local regulatory processes; and products that are meeting the demands in India, Africa and the U.S.  Now, I am looking forward to leveraging these advantages into dramatic returns for the company”.

"Carol and I have a strong partnership that complements each other's capabilities," Chandnani said. "This has resulted in the company's success as a pioneer serving the cause of financial inclusion as well as the goal of enhanced financial services across diverse global markets."

Prior to joining Obopay, Chandnani was the CEO of Wire and Wireless in India and before that served as the Managing Director for NCR in India. Earlier assignments included roles with Yahoo, where he established Yahoo's first office in India, and at Citibank, where he played key roles as Marketing Director for India and Business Head of the innovative Citibank Suvidha liability business in India, HLL, and included an entrepreneurial stint that provided Chandnani with key insights into the challenges and opportunities of small, emerging growth companies.

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