5paisa Capital appoints Gaurav Seth as new CEO

5paisa Capital Limited has announced the appointment of Gaurav Seth as its new Chief Executive Officer (CEO) effective January 14, 2025. The decision comes after the recommendation of the Nomination & Remuneration Committee and approval by the company’s Board of Directors.

In the exchange filing, the company shared that with over 25 years of experience in the intersection of financial services and technology, Seth has an extensive global background, having worked in the US, India, and South East Asia. Before joining 5paisa, he served as the Chief Product Officer at Syfe, where he played a crucial role in building Syfe into a leading digital wealth player in South East Asia. Prior to Syfe, he was the Chief Business Officer and an integral member of the founding team at Paytm Money, contributing significantly to the company’s rise as one of India’s top brokerage and mutual fund distributors.

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Seth also boasts valuable experience at Morgan Stanley, where he led the digital transformation of the company’s wealth management business in New York, advising top wealth managers on their digital strategies.

Holding both CFA and MBA qualifications from the Indian School of Business, Hyderabad, Seth is well-equipped to steer 5paisa into its next phase of growth, combining his expertise in technology and financial services to further solidify the company’s position in the market.